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

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.

In his state of the union address, President Biden announced he is “taking on junk fees” which are the hidden fees involved with many of the services we purchase. Hidden fees and terms have been around a long time.  The old adage of, “Read the fine print,” is timeless advice.  I love the quote by Pete Seeger, American folk singer, “Do you know the difference between education and experience?  Education is what you get when you read the fine print; experience is what you get when you don’t.”  Let’s talk about those experiences.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.

What can you and your children do to assure your financial plan won’t be sabotaged by family money scripts?  There are a number of steps to take and all require dealing with you and your children's emotional vulnerabilities.  Find out five specific steps that can guard against your financial plan going of the rails and sacrificing your emotional and financial wellbeing in your last years. 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.

What is the biggest risk to a senior parent that has just lost their spouse?  Even if they have a well-designed financial plan and the best financial planner possible in their corner, there is one factor that can deal them a knockout blow, their kids. Understand why your kids can pose one of the greatest threats to your final years.  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.

Is investing in the stock market akin to gambling?  Certainly, investing in stock markets carry a reasonable amount of risk.  Unlike what some contend, that investing in the market is gambling, done correctly it is not remotely gambling.  The operative word is “done correctly.”  To understand this we need to understand the emotional differences between investing (done correctly) and speculating (done incorrectly).Mixed & Edited by Next Day Podcast.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.

Rick talks with his guest, Debra Kaplan, about their collaboration that resulted in them writing, “Coupleship Inc: From Financial Conflict to Financial Intimacy.” They dive into some of the elements of a financially intimate coupleship and their unique perspectives that help couples successfully resolve their financial conflicts. This episode highlights topics such as Internal Family Systems (IFS)/parts work, money scripts, and money behaviors.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.

Often, the most logical and beneficial financial solutions are the absolutely most difficult to make, especially when there is a large emotionally charged component to them.  There are millions whose budgets are strained, they live paycheck to pay check, they are not saving money for retirement, and stress around money is an everyday occurrence.  In many of these situations, a simple move to a city like Rapid City, can increase a person’s lifestyle by 100% over living in San Diego. Yet most won’t even consider it.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.

My son, Davin, age 21 recently asked me, “So what do you think about Modern Monetary Theory now?”  MMT has come under a lot of criticism recently given the huge spending bills, So why is MMT under fire by some as the primary cause of the high inflation rates?  Many politicians incorrectly interpret MMT as favoring the printing of currency with abandon by a government, with the notion that deficits don’t matter. Understanding MMT ties directly into reducing financial anxiety. Find out why. 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.

Rick takes a look back at the origins of the Financial Therapy Podcast, going behind the scenes as to how it came about, its format, some statistics, and considers what may be next. 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.