54: Helping Clients Achieve Life Money Balance with Dr. Preston Cherry

What’s the point of tripling your net worth if you still dread getting out of bed every morning?

That’s why financial advice at the highest level focuses on more than the accumulation of money. It focuses on the alignment of money with what’s most important in the client’s life.

It’s what Dr. Preston Cherry calls “Life Money Balance.”

It’s at the core of his planning process, and he joined the show to walk us through how he helps his clients achieve life and money balance.

We discuss:

• Why “statements tell stories” – the information you can glean simply by looking at statements
• The “Emotional HSA” (Honest Self Audit): A crucial step in achieving Life Money Balance
• The “Money Psychology” meeting he takes all clients through
• The “Money Egg” exercise he uses in this meeting
• The power of reframing a “Savings Plan” to a “Spending Plan”

To sign up for Brendan’s monthly newsletter focused on the human side of advice → Click Here

Connect with Brendan Frazier: 

• RFG Advisory
• LinkedIn: Brendan Frazier
• X:@jbrendanfrazier