“Rick, what is your money script?”  I was a bit baffled and responded, “I have well over one hundred, I don’t have just one.”  He responded, “No, there are only four and I was wondering which one is yours.”  He clearly didn’t understand the concept of money scripts. In this episode we explore the origins of this myth and the myth that there is one superior money script to have.A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

Join Rick for a conversation with Chaitali Shah, a financial coach with, Wealthron, Mumbai, India. Chaitali will talk about her transition from the finance industry where she has worked since the age of 21 and gained extensive experience in financial planning, investment management and taught financial economics, to becoming a pioneer in India in financial coaching. She shares a transformative event that came from attending Rick’s “Real Money” workshop. A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

Compulsive behaviors are often due to an individual’s need to self-medicate unresolved wounds. Deb Kaplan and Rick Kahler explore the psychology of compulsive financial behaviors through the lens of Internal Family Systems (IFS). IFS focuses on a person's internal “parts” and “Self.” Partners can apply IFS to understand themselves and heal their coupleship's money conflicts.A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

K.I.S.S., Keep It Simple Stupid.  It’s a catchy phrase, but what does it mean?  What does simple mean.  Does it mean to make complex topics understandable, or not to make a simple communication overly complex, or not to oversimplify complex topics?  Oliver Wendell Holmes explained oversimplification this way,  “For the simplicity on this side of complexity, I wouldn't give you a fig. But for the simplicity on the other side of complexity, for that I would give you anything I have.”  How do our emotions play into creating simplicity that’s harmful financially?A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

It doesn’t occur to most people to seriously consider the likelihood they may outlive their retirement income.  It is often “blown off” with an attempt to laugh it off.  It’s often one of those laughs that is more about anxiety that anything that’s actually funny.  The greatest financial risk for depleting retirement resources is an unexpected and lengthy stay in a long-term health care facility, like a nursing home or an assisted living center. Common estimates say that about 70 percent of adults over 65 will need long term care. The current reality is that there are not enough units to take care of the demand and the care is prohibitively expensive for most people.  The job will fall to family members, at a significant financial and emotional cost.   A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

The media you consume is a significant factor, probably the most significant factor, in your investment returns.  If you are one of the millions of Americans that choose to only consume media with a far left or far right ideology, it would be in your financial best-interest to be “down the middle” with your consumption of economic and investment news. Separating one’s political ideology from their investments, however, can be difficult. It’s hard to be 100% in on any political ideology, with the exception for economic and investments.A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

Why is it so hard for many couples to talk about money? Rick’s guest, Debra Kaplan, dives into romantic relationships, some of the reasons that it becomes hard to discuss money and the ways that our childhood experiences influence our beliefs and behaviors about money.A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

How many times have you heard yourself or your partner repeat these statements; “I’m passionate about work, that’s why I work long hours!” or, “I won’t be home late?” In this episode, Rick and Deb take on the topic of workaholism other money behaviors, beginning with work and shifting to compulsive shopping/spending. They explain the difference between being passionate about work and unhealthy work behaviors (workaholism), and shopping versus buying.A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

References to income and wealth inequality generally focus on how unevenly income and wealth are distributed throughout a population. The greater the gap between those at the top and the bottom, the more problematic it can be to the social health of a country. In a marriage or committed relationship, income and wealth inequality between partners also present some challenges that don’t exist where the partners are financial equals. One of the biggest stressors isn’t what you might think.A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.

Bringing alignment of your stated values with your money is something I’ve been promoting for over 20 years. They don’t always align. It’s not unusual for a person to embrace a value that is not fully embraced in their spending. A person who is concerned about climate change and a strong proponent of individuals, corporations, and governments to “go green”, will avoid purchasing items like coffee in paper cups, tea bags, water in plastic bottles, aerosols, chlorine bleaches, using disposable cutlery from fast food restaurants, plastic bags, and or using oil-based transportation, which are some of the biggest sources of environmental damage.   A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.