Financial Therapy: Minding Your Money

Origin Story w/ Pamela Torres

Today we'll ask our guest: What's your financial origin story? Were you taught financial literacy? Or did your caregivers rarely discuss money growing up? More often than not, we get our money mindsets passed down to us from our parents, or whoever was most responsible for making the financial decisions.
Whether you were scraping by, or had an abundance of wealth (or whether either is the case right now), those early influences affect how you now view money, how you choose to earn and spend it, and ultimately, your financial health and wellness.
Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763)

Money Dysmorphia: Are We Really Broke?

Hey everyone, welcome to Financial Therapy! Today we’re talking about money dysmorphia, and we’ve got a great guest, Crystal Zuzek, back with us to have the conversation. Money dysmorphia is a term for having a distorted perception of one's financial situation--a view which doesn't match reality. It's characterized by feelings of financial insecurity or anxiety, even when objectively one's finances are stable or healthy--and/or denial about the limitations of your finances or the consequences of your spending. It can manifest as overspending, excessive worrying about money, or avoiding spending altogether--all because you feel wealthier or poorer than you actually are.
Crystal first heard about this concept via an episode from the Glamorous Trash podcast, which discussed how social media is fueling financial anxiety, and asked the question: who’s really broke vs. just unnecessarily worried about being so?
This phenomenon affects many of us, so let's talk about it! Don't forget to call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763).

7 Ways Money Brings Us Down (and Ways to Shake It Off)

Hey everyone, I'm Lena Banks – a Certified Financial Planning professional and small business coach based in Austin, TX. Welcome to your Financial Therapy for the week!
No matter your income level, basic interactions with money might make you anxious or get you down. Let's talk about some of them, as well as possible ways to adjust your mindset for the future.
Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763)

Origin Story w/ Crystal Zuzek

Today we'll ask our guest: What's your financial origin story? Were you taught financial literacy? Or did your caregivers rarely discuss money growing up? More often than not, we get our money mindsets passed down to us from our parents, or whoever was most responsible for making the financial decisions.
Whether you were scraping by, or had an abundance of wealth (or whether either is the case right now), those early influences affect how you now view money, how you choose to earn and spend it, and ultimately, your financial health and wellness.
Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763)

Identifying Financial Abuse

Hi everyone--welcome to your Financial Therapy for the week! Today we're talking about financial abuse, which is a common tactic used by abusers to gain power and control in a relationship. The forms of financial abuse may be subtle or overt but in general, include tactics to conceal information, limit the victim's access to assets, or reduce accessibility to the family finances.
Again, any time that you’re not including your partner fully as a member of the financial management team, that’s a problem. But it can be hard to recognize when behaviors are actually problematic. So let's talk about it!
Learn more about financial/economic domestic abuse here:
National Domestic Abuse Hotline: https://www.thehotline.org/resources/financialabuse/
Grace vs. Abuse: 7 Questions to Define the Line: https://www.thehotline.org/resources/grace-vs-abuse-7-questions-to-define-the-line/
Surviving Economic Abuse: https://survivingeconomicabuse.org/
Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763)

Financial Infidelity: 5 Signs and What You Can Do About Them

Welcome to your Financial Therapy for the week! Today we're talking about financial infidelity, which occurs when a partner in a committed relationship intentionally lies to or keeps financial secrets from the other partner. This can take many forms, including hiding debts, secret bank accounts or credit cards, making large purchases without consulting the partner, or lying about income or expenses.
Any time that you’re not including your partner fully as a member of the financial management team, that’s a problem. But it can be hard to recognize when behaviors are actually problematic. So let's talk about it!
Learn more about financial infidelity here: https://www.investopedia.com/terms/f/financial-infidelity.asp
Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763)

5 Things The Best Financial Advisors Do For You

Hey everyone, I'm Lena Banks – a Certified Financial Planning professional and small business coach based in Austin, TX. Welcome to Financial Therapy! Today's episode is all about the 5 things the best financial advisors will do for you as their client. Listen in to be more confident making your next financial move!
Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763)

Traditional vs. Behavioral Finance - Part 2: The 4 Horsemen

Hey everyone, welcome back to Financial Therapy! Today we’re closing out a two-part episode about traditional finance theory vs. behavioral finance, and the biases that can creep into our financial decision-making.
This episode, we'll talk more about "4 Horsemen" affecting our financial behaviors: obligation, fear/denial, guilt/shame, and pride--and discuss how gaining an understanding about them can help us make more thoughtful financial moves in the future.
Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763)

Traditional vs. Behavioral Finance - Part 1: Our Biases

Hey everyone, welcome back to Financial Therapy! Today we’re starting a two-part episode about traditional finance theory vs. behavioral finance, and the biases that can creep into our financial decision-making.
In his book, The Subconscious Mind of The Consumer (and How To Reach It), Harvard Business school professor Gerald Zaltzman says that 95% of purchasing decisions happen in the subconscious mind and are driven by emotions. We'll learn about 13 common biases, and discuss how gaining an understanding about them can help us make more thoughtful financial moves in the future.
Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763)

Post-Divorce Realities - Part 2

Hey everyone! Welcome to your Financial Therapy for the week.
Lena, Andi, and Pam continue the conversation about post-divorce financial realities. In Part 2 of the discussion, we talk what you may be feeling about spending on kids--as well as six practical steps you can take to give you more peace of mind on your post-divorce financial journey.
Call or text to submit your feedback and questions for the show: 1-844-4FINPOD (1-844-434-6763)