Rick Kahler unpacks a recent article in The Jerusalem Post that mistakenly equated financial well-being with financial independence, highlighting why the two are not the same. Drawing on research and his experience in financial therapy, he explains how financial wellness is about more than income or net worth—it’s about meeting obligations, feeling secure, and having choices. Just as importantly, he distinguishes between financial well-being and emotional well-being, showing why confusing the two can undermine both. Rick’s insights offer a clear reminder that true wellness requires attention to both the numbers and the emotions behind them.
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Why Financial Wellness Isn’t Financial Independence
About Rick Kahler:
Rick Kahler, MSFP, CFP® , CFT™, CeFT® , Certified Internal Financial Systems™ Financial Therapy Practitioner, president of Kahler Financial Group, is a lifelong 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 (CFT™,) in the nation.
His firm, specializes 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 and families.
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™, CeFT®, Certified Internal Financial Systems™ Financial Therapy Practitioner? Please go to our website, Book a Financial Therapist Appointment and fill out a request for a 30-minute free consultation.
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