Confessions of a Reformed Financial Advisor By Ted McLyman

Ted McLyman's "Confessions of a Reformed Financial Advisor" challenges traditional financial wisdom, asserting that much of it is "mostly BS" because it overlooks the crucial role of human behavior. The core argument is that humans are not naturally "hardwired" to manage money well; our ancient brains prioritize survival and instant gratification, often leading to emotional rather than rational financial decisions. The book's purpose is to guide readers to make better money choices and thrive by focusing on money habits and behavior through McLyman's revolutionary Money Behavior System. This five-step, value-driven system—encompassing Money Values, Temperament, Knowledge, Strategy, and Plan—aims to help readers tailor a personalized, behavior-based approach to financial well-being, ultimately improving their relationship with money and leading to security and peace of mind.