Financial therapy explores the emotional aspects of financial decisions. The podcast host, Rick Kahler, is a Certified Financial Planner who integrates financial planning with the emotions driving them. Topics include the intersection of therapy and financial planning, understanding emotional blocks, trauma's connection to money attitudes, and blending finance and therapy for sound financial decisions.
Financial therapy integrates emotions with financial advice, recognizing the impact of emotions on decision-making.
Financial therapy aims to uncover beliefs and trauma to gain awareness and maturity in managing finances.
Deep dives
The Blend of Emotion and Financial Advice
Financial Therapy emphasizes the integration of emotions with the nuts and bolts of financial advice. Good money decisions are not solely about the numbers but also the emotions attached to them. When seeing a financial planner, emotions can arise around unexpected advice or revelations, such as not having a will. Financial therapy helps individuals address the emotions surrounding financial decisions that may be holding them back.
Uncovering Beliefs and Trauma
Financial therapy explores the connection between our beliefs, emotions, and illogical financial behaviors. Our goals and objectives around money may not always be our own, but influenced by societal expectations or the shoulds and oughts of others. Trauma, even if seemingly small or repetitive, can play a role in our financial decision-making. Financial therapy aims to uncover these beliefs and trauma to gain awareness, understanding, and maturity in managing our finances.
The Need for Speed in Financial Therapy
Financial therapy acknowledges the cost of delayed financial progress. While some clients may experience significant breakthroughs in just a session or two, others may require more time to make lasting changes. The goal of financial therapy is to help individuals understand their internal dynamics and work through wounds or stuck patterns that hinder sound financial decision-making. Constantly exploring innovative approaches, financial therapy seeks to accelerate the process for clients and optimize their financial well-being.
Researchers tell us that about 90% of financial decisions are made in the emotional part of the brain. Financial Therapy is the intersection of the ‘nuts and bolts’ of financial planning and what we think, feel, and believe about money. This is a podcast that will explore the broad expanse of integrating sound financial decisions with the emotions that often block them.
For nearly four decades, Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions. 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. Check out https://thefinancialtherapypodcast.com/ for more information.
A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them. Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.
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