The Financial Therapy Podcast - It's Not Just About The Money cover image

The Financial Therapy Podcast - It's Not Just About The Money

#2 – What is the Well-being Business?

Apr 27, 2021
Explore the concept of financial therapy and the role of a financial planner in addressing the emotional aspect of finances. Discuss trends in the well-being industry, including preventative healthcare and creating a wellness refuge at home. Discover how the wellness industry has evolved to address deeper issues and integrate financial planning with emotional well-being. Explore the emerging field of financial therapy and its roots in psychology and financial planning, emphasizing the importance of continued education and understanding of financial therapy.
14:17

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Quick takeaways

  • Financial therapy integrates emotional and psychological aspects with traditional financial advice.
  • The wellness industry predicts the expansion of financial therapy as a wellness trend, addressing the emotional and psychological aspects of money.

Deep dives

The Blending of Financial Advice and Emotions

Financial therapist Rick Kaler stands out from other financial experts by integrating emotional aspects with traditional financial advice. He emphasizes that good money decisions require addressing not only the nuts and bolts of finances but also the emotional aspects that drive them. By combining financial planning with therapy, Kaler fills the gap between financial planners and therapists, helping clients make better, more holistic money decisions.

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