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

Does the executor of an estate deserve to be compensated for that service? Absolutely.  Serving as an executor is often a time-consuming, emotionally draining, and thankless task. It means taking on a part-time job. Often, executors have day jobs so the duties of being an executor happen during lunch hours, after work, and on weekends. Yet the issue of payment for an executor, especially one who is a family member, is a common source of conflict among heirs.  Over 40% of wills experience family conflict, with 19% of beneficiaries perceiving misconduct by the executor.  Read more here.A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions. Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

Whether one is named as the executor or personal representative in a will or the trustee or successor trustee for a trust, being chosen to carry out someone’s last wishes can be viewed as a high compliment. The person selected often feels so honored to be named that the response is almost always a gracious agreement. In most cases, neither party understands the huge time commitment, complexity, and liability that being an executor entail. It’s possible that, if both did, fewer people would be asked and even fewer would accept the job. Read more here.A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions. Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

Learn about the accessibility of becoming certified in IFS Therapy and its effectiveness in treating mental health disorders and financial issues. The speaker shares their success using IFS therapy and discusses its potential in financial therapy.

Discover the cultural shift towards openness about money and the introduction of IFS informed financial therapy. Hear personal experiences with IFS therapy and its profound impact on life. Explore the concept of exiles and burdens in financial trauma. Learn about internal family systems in financial therapy and the roles of exiles, managers, and firefighting protectors in healing financial trauma.

This podcast discusses the concept of financial trauma and the different ways it can affect individuals. It explores the emotional and psychological impact of trauma and emphasizes the importance of recognizing its influence on mental health. The episode also delves into the significance of understanding and healing from financial trauma for overall well-being, including the exploration of shame associated with money.

The podcast explores the importance of avoiding financial soothsayers and the rewards of not following their advice. It discusses the real estate advice given during the financial pandemic and reflects on personal experiences. The impact of human emotions on market behavior is explored, highlighting anxiety as a driving factor. The connection between anxiety and underlying money beliefs is discussed, emphasizing the importance of challenging and researching these beliefs.

Every financial behavior makes perfect sense when we understand our underlying beliefs, our money scripts. While most money scripts form in your first decade of life, they drive your financial decisions.  It’s sobering to discover a bunch of internal children are often in charge of our adult financial life! In this episode we talk about how our money scripts formed and how we can uncover the 50 – 200 that operate 24/7 touching every money decision we make.  You can download a copy of the KMSI-R here.  [I am not sure how to create a link to this.  Maybe put it on our website?] You can read more here. A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions. Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

Explore the difficulties of teaching financial literacy and why traditional methods may not be effective. Learn the importance of financial literacy, starting at a young age. Discover the necessity of having an emergency fund and teaching financial literacy to children. Understand the importance of allowing kids to make money mistakes. Uncover obstacles and resistance that impede financial progress through financial therapy.

"If I was your financial adviser, I would tell you that engaging me is not a good deal for you." I’ve told hundreds of prospects this over my nearly 40-year career. While almost everyone would benefit from having a fee-only personal financial planner to advocate for their best interests, it’s not in everyone’s best interest to engage one, especially when they can’t afford one. While it certainly isn’t in an adviser’s own financial interest to turn away business, a true client advocate won’t hesitate to do so.A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions. Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

In this podcast, Rick Kahler, a Certified Financial Planner, discusses the importance of financial planning during retirement. He emphasizes the need for a supportive team and debunking the myth that financial planning is unaffordable. Kahler also highlights the significance of hiring a committed and honest advisor and addresses the emotional aspect of retirement.