Latest Money scripts Podcast Episodes
#17 – Money Scripts and Emotions Can Raise Your Taxes
The Financial Therapy Podcast - It's Not Just About The Money - August 24, 2021 09:00 - 23 minutesHow much is a tax deduction worth? Maybe less than your money scripts and the emotions that drive them would have you believe. Here are some common ways that over-emphasizing deductions may reduce your tax bill, but actually cost you more money than you save. Find out how separating your money s...
#17 – Money Scripts and Emotions Can Raise Your Taxes
The Financial Therapy Podcast - It's Not Just About The Money - August 24, 2021 09:00 - 23 minutesHow much is a tax deduction worth? Maybe less than your money scripts and the emotions that drive them would have you believe. Here are some common ways that over-emphasizing deductions may reduce your tax bill, but actually cost you more money than you save. Find out how separating your money s...
#16 - Emergency Room Financial Planning - It Isn't About The Crisis
The Financial Therapy Podcast - It's Not Just About The Money - August 17, 2021 09:00 - 22 minutes“An ounce of prevention is worth a pound of cure.” Most of us are familiar with this tidbit of immense wisdom. That doesn’t necessarily mean we follow it when it comes to either our physical, emotional or financial health. According to a Modern Healthcare article, 60% of visits to the emergency...
#15 – The Emotional Cost of Being “It”
The Financial Therapy Podcast - It's Not Just About The Money - August 10, 2021 09:00 - 24 minutes"Mom, I can't take time off work today to take you to your doctor's appointment, so I've arranged to pay for an Uber driver instead." The elderly parent's need for transportation is met. The son or daughter's obligation and desire to help is fulfilled, with the Uber expense much less than the co...
#15 – The Emotional Cost of Being “It”
The Financial Therapy Podcast - It's Not Just About The Money - August 10, 2021 09:00 - 24 minutes"Mom, I can't take time off work today to take you to your doctor's appointment, so I've arranged to pay for an Uber driver instead." The elderly parent's need for transportation is met. The son or daughter's obligation and desire to help is fulfilled, with the Uber expense much less than the co...
#14 - An Emotional Landmine - Part 2 - Compensating a Family Member to be an Executor
The Financial Therapy Podcast - It's Not Just About The Money - August 03, 2021 09:00 - 22 minutesDoes 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 ...
#14 - An Emotional Landmine - Part 2 - Compensating a Family Member to be an Executor
The Financial Therapy Podcast - It's Not Just About The Money - August 03, 2021 09:00 - 22 minutesDoes 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 ...
#13 - An Emotional Landmine - Part 1 - Serving as Executor of a Will
The Financial Therapy Podcast - It's Not Just About The Money - July 27, 2021 09:00 - 24 minutesWhether 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...
#13 - An Emotional Landmine - Serving as Executor of a Will
The Financial Therapy Podcast - It's Not Just About The Money - July 27, 2021 09:00 - 24 minutesWhether 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...
#13 - An Emotional Landmine - Serving as Executor of a Will
The Financial Therapy Podcast - It's Not Just About The Money - July 27, 2021 09:00 - 24 minutesWhether 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...
#12 - IFS Informed Financial Therapy - Part 2
The Financial Therapy Podcast - It's Not Just About The Money - July 20, 2021 09:00 - 22 minutesIFS Informed Financial Therapy is a powerful mechanism for change. Becoming certified in IFS Therapy is accessible to every Certified Financial Therapist, even if they don't have a graduate degree specifically in mental health counseling. IFS certification, which is a lengthy and intense proce...
#11 - IFS Informed Financial Therapy - Part 1
The Financial Therapy Podcast - It's Not Just About The Money - July 13, 2021 09:00 - 27 minutesA panel presentation at the Global Wellness Summit held in November 2020 predicted several wellness trends in 2021. One that caught my attention was "A great 'un-tabooing': Wellness gets real about sex, money and death." One panelist said there is going to be "a massive and seismic cultural tabo...
#10 - What Is Financial Trauma?
The Financial Therapy Podcast - It's Not Just About The Money - July 06, 2021 09:00 - 21 minutesHave you ever had a financial shock, like a job loss, a bankruptcy, or identity theft? How about chronic financial stress around money, or continual worry and anxiety around money? All of these are deeply distressing or disturbing experiences, which is the definition of trauma. Trauma, especia...
#9 - Why Avoiding Financial Soothsayers Is Usually Financial and Emotionally Rewarding
The Financial Therapy Podcast - It's Not Just About The Money - June 29, 2021 09:00 - 22 minutesInvestment success requires that a person have a high tolerance for boredom, which means turning a deaf ear to the financial press’s investment panic-de-jour. It's good for your financial health to avoid following the advice of prognosticating financial soothsayers. Even when one of them is me....
#9 - Why Avoiding Financial Soothsayers Is Usually Financially and Emotionally Rewarding
The Financial Therapy Podcast - It's Not Just About The Money - June 29, 2021 09:00 - 22 minutesInvestment success requires that a person have a high tolerance for boredom, which means turning a deaf ear to the financial press’s investment panic-de-jour. It's good for your financial health to avoid following the advice of prognosticating financial soothsayers. Even when one of them is me....
#8 - Your Money Scripts Run Your Finances
The Financial Therapy Podcast - It's Not Just About The Money - June 22, 2021 09:00 - 23 minutesEvery 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 fin...
#7 - Teaching Financial Literacy – Timing Is Everything
The Financial Therapy Podcast - It's Not Just About The Money - June 15, 2021 09:00 - 25 minutesWe hear a lot about financial literacy. What we don’t hear is why it usually doesn’t work. Learn the one time that financial literacy education is required. What are the three things that are usually left out of most financial literacy courses? How can you teach your kids financial skills th...
#6 – Who Tells You When Financial Advice Is Too Expensive
The Financial Therapy Podcast - It's Not Just About The Money - June 08, 2021 09:00 - 14 minutes"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 no...
#5 – Is Retirement The Time to Hire or Fire Financial Professionals
The Financial Therapy Podcast - It's Not Just About The Money - June 01, 2021 09:00 - 23 minutesAfter you retire, do you still need financial planning or financial therapy? And can you afford it? The answer to the first question is clearly "yes." The answer to the second is "It depends." Ironically, if you have a fee-only financial planner who is your advocate, chances are when you retire ...
#5 –Is Retirement The Time to Hire or Fire Financial Professionals
The Financial Therapy Podcast - It's Not Just About The Money - June 01, 2021 09:00 - 23 minutesAfter you retire, do you still need financial planning or financial therapy? And can you afford it? The answer to the first question is clearly "yes." The answer to the second is "It depends." Ironically, if you have a fee-only financial planner who is your advocate, chances are when you retire ...
#4 – Money Scripts: Does Financial Security Increase With Fame
The Financial Therapy Podcast - It's Not Just About The Money - May 25, 2021 09:00 - 16 minutesA popular money script is to assume that fame, accomplishments, and excellence in one’s field equate to financial security. Like any money script, this can be true in some cases and incorrect in others. But it is interesting to me that the common attitude is that a famous or intelligent person i...
#3 – Emotions and Your Emergency Fund
The Financial Therapy Podcast - It's Not Just About The Money - May 18, 2021 09:00 - 14 minutesFor many Americans, one painful lesson of 2020 has been a first-hand demonstration of the importance of having an emergency fund. Yet knowing such a reserve matters is a far cry from creating one. Everyone “should” have one, which is precisely why many don’t. If “should” is the word you associa...
#3 – Emotions and Your Emergency Fund
The Financial Therapy Podcast - It's Not Just About The Money - May 18, 2021 09:00 - 14 minutesFor many Americans, one painful lesson of 2020 has been a first-hand demonstration of the importance of having an emergency fund. Yet knowing such a reserve matters is a far cry from creating one. Everyone “should” have one, which is precisely why many don’t. If “should” is the word you associa...
#2 – What is the Well-being Business?
The Financial Therapy Podcast - It's Not Just About The Money - April 27, 2021 09:00 - 14 minutes"What do you do for a living?" is a common question when we're introduced to someone new. If there's no time for conversation I’ll answer, "I am a financial advisor." The discussion is usually over. If the social situation allows for more of a dialogue, I’ve increasingly begun to answer, “I am a...
#2 – The Wellbeing Business? What’s That?
The Financial Therapy Podcast - It's Not Just About The Money - April 27, 2021 09:00 - 14 minutes"What do you do for a living?" is a common question when we're introduced to someone new. If there's no time for conversation I’ll answer, "I am a financial advisor." The discussion is usually over. If the social situation allows for more of a dialogue, I’ve increasingly begun to answer, “I am a...
#1 – What is Financial Therapy
The Financial Therapy Podcast - It's Not Just About The Money - March 12, 2021 14:00 - 22 minutesResearchers tell us that about 90% of financial decisions are made in the emotional part of the brain. Financial Therapy is the intersection of the ‘nuts and bolts’ of financial planning and what we think, feel, and believe about money. This is a podcast that will explore the broad expanse of in...
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