Psychological Principles of Personal Finance & Credit Management
by Nakel Nikiema
Why are so many smart people making poor financial decisions?
The Credit Conundrum - Psychological Principles of Personal Finance & Credit management examines the sub rosa psychological dynamics that influence our spending, borrowing and use of credit, often so illogically. Inspired by the author's personal experience and backed with rigorous academic research, the book is a cutting-edge treatment of the subject of personal finance, the human brain, human behavior. Whether you struggle with credit card debt, knowing when to dip into your savings, building a good credit history, or simply want to use your money wisely, The Credit Conundrum will show you how to turn your mindset into money. With powerful insights and implementable solutions, The Credit Conundrum equips you to overcome your self-defeating behaviors, and rise to the challenge of defining your financial future.
Prolific writer, my vision is to share my knowledge and experiences with others. At the end of the day, being useful to others is the essence of life. This is my way of leaving a legacy that will never end. I aim to continue sharing knowledge endlessly, thus living through my books even when I am no more.
Nakel Nikiema is a psychologist, management expert, author, and consultant specializing in business intelligence. His work spans across the education sector, operations research, capacity building, governance, and decision-making. With over 20 years of experience in global organizations like the United Nations Millennium Campaigns, NORC at the University of Chicago, and ORBIS Charitable Trust, he also chairs the boards of directors for multiple organizations, including B.I.M Corporation, Wiseside, Inc., and Synergy Expertise for Environment & Sustainable Development (SEESD), a non-profit organization. Born in Burkina Faso (Land of the Upright people), Nakel’s international background and leadership roles give him a unique perspective on management, strategy, and organizational growth. His books cover topics such as artificial intelligence, finance, leadership, management, and Africa’s independent development, always aiming to provide practical, real-world insights. Beyond writing, Nakel works as a mentor and consultant, helping businesses and leaders navigate data-driven decisions with clarity and confidence. Through his work, he strives to equip others with the knowledge they need to make smarter, more informed choices.
