IFS Informed Financial Therapy is a powerful mechanism for change. Becoming certified in IFS Therapy is accessible to every Certified Financial Therapist, even if they don’t have a graduate degree specifically in mental health counseling. IFS certification, which is a lengthy and intense process, gives the Certified Financial Therapist an evidence-based model of therapy that can enhance the financial therapy process.
IFS Informed Financial Therapy combines Internal Family Systems and financial therapy. Internal Family Systems is a type of psychotherapy that finds the various sub-personalities in an individual’s mental system and addresses them.
Most financial decisions are based on emotions. So, an individual’s emotions significantly affect their relationships with money and their financial habits, therefore, their financial health.
Sometimes these emotions can cause a person to have extreme financial beliefs. Then, since these beliefs affect the way people feel and behave, they can negatively affect a financial decision, their personal finance, or even long-term financial goals.
But, a financial planner trained in IFS Informed Financial Therapy can help others see how their beliefs are leading to damaging financial behavior and then use evidence-based methods that will help them to meet their financial goals. This type of financial coaching can make a big difference in people’s lives and can allow an individual to achieve financial well-being more quickly than traditional financial therapy or financial education.
The Financial Therapy Podcast is presented by Rick Kahler, a lifelong resident of South Dakota and founder of the Kahler Financial Group. His podcast gives financial advice that takes into consideration the emotions behind an individual’s financial decisions.
About Rick Kahler:
Rick Kahler, MSFP,CFP ® , CFT-1™, CeFT ® , CCIM, president of Kahler Financial Group, is a life-long resident of Rapid City, SD. He began his professional career in 1973 selling and appraising real estate He founded Kahler Financial Group in 1981. He became the first fee-only Certified Financial Planner™ (CFP ® ) in South Dakota in 1983. In 2020 he became one of the first Certified Financial Therapist-Level I (CFT-I™,) in the nation.
His firm, specializing in the integration of investment advising, financial planning, financial coaching, and financial therapy, serving small business and real estate owners, professionals, and retirees, as well as individuals, families, or those who want financial therapy in the form of couples therapy.
He served on and chaired the South Dakota Investment Council and served in leadership capacities with the Financial Planning Association and the National Association of Financial Planning Advisors. Kahler is also a nationally renowned speaker and educator. In 2003, National American University recognized Mr. Kahler with the Alumni Distinguished Service Award.
Interested in working with Rick Kahler, MSFP, CFP®, CFT-1™, CeFT®? Please go to our website, Book a Financial Therapist Appointment and fill out a request for a 30-minute free consultation.
Stay connected with The Financial Therapy Podcast by listening on the following:
