Australian Investors Podcast cover image

Australian Investors Podcast

Relationships with money & growing wealthy, ft. therapist Marie Verkakis

Dec 30, 2024
Marie Verkakis, an experienced therapist and mental health educator, shares insightful perspectives on the psychology of money. She discusses how our relationship with money affects investments and management. Marie emphasizes identifying personal money issues and the financial superpower that comes from a strong relationship. Listeners learn practical tips for discussing finances with partners and family members, as well as strategies to unpack harmful money habits, ultimately promoting healthier financial interactions.
57:24

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • A positive relationship with money is fostered through self-reflection, enabling individuals to understand their financial behaviors and challenges.
  • Open communication about finances, approached with sensitivity and collaboration, is essential for maintaining healthy relationships and preventing misunderstandings.

Deep dives

Understanding GARP: Balancing Growth and Value

Growth at a Reasonable Price (GARP) is presented as a compelling investment strategy that seeks to combine the advantages of growth and value investing. GARP investments focus on acquiring shares in companies that have solid growth potential while still being available at reasonable prices. By integrating both elements, this approach aims to minimize risk while providing potential for substantial returns. Consequently, GARP can serve as a strategic addition to an investor's portfolio, allowing for more diversified investment opportunities.

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