He blend the nuts and bolts of financial advice with the emotions that drive making them. Every financial behavior, whether it appears illogical to you or others, makes perfect sense when we understand the underlying beliefs, feelings, and thoughts. Good money decisions are not just about money.
In my experience as a financial professional, I’ve come to believe that “When you meet resistance, you are moving too fast.” This principle holds true in relationships, especially in my role as a financial advisor and therapist. The common misconception …
In Charles Dickens’ “A Tale of Two Cities,” he expertly demonstrates that appearances can be deceiving. This theme extends beyond the novel and applies to various aspects of life, including the contrasting approaches to long-term care taken by two seemingly …
Exploring Money Scripts of Around Long-Term Care Read More »
How much money do you need to have to be considered rich or wealthy? The best answer is “it depends,” considering your definitions of rich and wealthy. Are they terms defined by one’s net worth, income, or overall wellbeing? Is the …
How Much Do Emotions Affect Your Definition of Rich? Read More »
With people living longer, I’ve noticed that my older clients, who are particularly aware of their declining physical capacities, are increasingly open to the idea of receiving in-home health care, can be expensive, and many seniors may struggle to afford …
The Money Scripts of Paying a Child for In-home Healthcare Read More »
What is the Financial Therapy Association? Rick recently attended the 14th Financial Therapy Conference held in Charlotte, NC. He talks a little about the history of this relatively new organization and a few of his personal highlights of the many …
“If my partner would change, we would resolve our conflict about when and where we should retire!” “My spouse doesn’t understand that I work hard for us!” These are common statements uttered in frustration about money and work conflicts. So, …
If Only My Partner Would Change, Things Would Be Great! Read More »
One important thing to take along when you travel abroad is travel insurance. I needed to use mine on three international trips this year, one to London in January, one to Puerto Rico that I didn’t take in February, and …
Personal bankruptcy is not something I’ve addressed in the podcast, which surprises me given the approximately one million people a year who file for bankruptcy in the U.S. I’ll be the first to admit that listening to a podcast on …
“I don’t deserve money,” is one of the ten most common money scripts. Holding this belief has very little to do with whether society, friends, or family view you as deserving. Few people would argue that we all deserve the …
I Don’t Deserve Money Means I Don’t Deserve To Live Read More »
Rick and his guest, Deb Kaplan, introduce the term Cognitive Biases in this segment. They choose Confirmation Bias and Loss Aversion to explore how couples can resolve conflict by first understanding their own biases. This provides couples an opportunity to …
From Macro to Micro – How do Cognitive Biases Form Read More »
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