The Financial Therapy Podcast - It's Not Just About The Money
#1 – What is Financial Therapy
Mar 12, 2021
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.
22:16
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Quick takeaways
- 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.
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