Episode 228 – The Psychology of Wealth and Financial Confidence with Michelle Arpin Begina

Michelle Arpin Begina is a Senior Partner and Managing Director at Snowden Lane Partners. Snowden Lane is a $13 billion RIA firm providing global independent wealth advice. 

In this podcast, Michelle discusses her book Be Good with Money, drawing from her 30-year career to offer insights combining social psychology and financial therapy.

Also discussed:

• The inspiration behind the book and its target demographic of those successful in life but struggling with their financial self-perception.
• Understanding the deep emotional ties to money that stem from childhood, influencing adult financial behaviors.
• The concept of “secrecy bias,” highlighting how the taboo of talking about money can hinder people from achieving their full financial potential.
• The book’s aim to help readers better navigate financial challenges by reflecting on their relationship with money and breaking secrecy biases.
• Michelle promotes financial psychology, having helped New Jersey become the first state to include it in financial literacy standards for K-12 education.

 

Resources: 

Snowden Lane Partners

Be Good With Money by Michelle Arpin Begina

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