In today’s enlightening discussion, Wendy Wright, LMFT shares her insights on financial therapy—a field that intersects personal finance with emotional wellbeing. We delve into why understanding your relationship with money is crucial and how it can lead to more informed and empowered financial decisions. Wendy's unique approach to financial therapy, combined with her background in business and eating disorders, offers a fresh perspective on managing personal finances with emotional intelligence.
5 Key Lessons:
1. Financial Therapy Foundations:
Wendy clarifies the role of a financial therapist and how it differs from financial planners or advisors, focusing on the emotional aspect of financial decision-making.
2. Understanding Money Mindsets:
Explore common money mindsets like scarcity and abundance and learn how they affect our financial actions and long-term goals.
3. The Role of Emotions in Financial Decisions:
Discover how emotions play a pivotal role in your financial decisions and the importance of addressing these to achieve financial clarity and success.
4. Importance of Knowing Your Numbers:
Emphasizing the value of being aware of your financial situation without the pressure to change or optimize immediately, which can lead to more informed and less stressful financial planning.
5. Starting Late is Still Starting:
Debunking myths about financial planning, particularly that it's too late to start in midlife. Wendy offers encouragement and practical advice for taking control at any age.
📕 Resources:
https://createthebestme.com/ep062
https://financialtherapysolutions.com
Discount link for “Healing Through the Money and Food Connection” workbook https://learn.financialtherapysolutions.com/?coupon=CREATETHEBESTME20PERCENT
📨 Newsletter:
https://createthebestme.com/newsletter/
👀 Connect With Me:
Website: https://createthebestme.com
Facebook: https://www.facebook.com/createthebestme
Instagram: https://www.instagram.com/carmenhecox/
TikTok: www.tiktok.com/@carmenhecox
YouTube: https://www.youtube.com/@createthebestme
LinkedIn: www.linkedin.com/in/carmen-hecox
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