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Financial Empathy: What it Means and How to Show it

Real Money, Real Experts

English - June 09, 2020 10:00 - 44 minutes - 30.9 MB
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In this episode, cohosts, Rebecca Wiggins, and Dr. Mary Bell Carlson discuss the importance of financial empathy and today's current events. This week's guest, Dr. Michael Thomas is an AFC®, with a Ph.D. in Financial Planning from the University of Georgia, and is now a lecturer at the University of Georgia. He also has his own virtual Financial Counseling & Coaching business - Modom Solutions.

Dr. Thomas takes us through his experience with financial empathy, the power of listening, and how we can learn to incorporate these not only into our professional careers but also into the communities where we work at serve at such a needed time. We unpack a lot in this episode and are looking forward to your thoughts and insights. Share them with us at AFCPE.org and on social media using #realmoneyrealexperts.

*Show Notes*
02:04 About Dr. Michael Thomas
12:33 What is financial empathy
18:47 How to apply financial empathy in your practice
28:04 Current events discussion
35:27 How to get ignite change in your community
38:45 Your Two Cents
43:14 AFCPE® announcements

Resource Links:
Financial Empathy TEDTalk: https://www.youtube.com/watch?v=3hoM5ly2igk

Modom Solutions: https://www.modomsolutions.com/

The Things They Carried book: https://www.barnesandnoble.com/w/things-they-carried-tim-obrien/1100228685

When Helping Hurts book: https://www.barnesandnoble.com/w/when-helping-hurts-steve-corbett/1100394501


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