The Hidden Forces That Shape Your Money Mindset with Derek Hagan

In this episode of the Healthy Love and Money Podcast, I’m thrilled to welcome Derek Hagan, financial psychology expert and founder of Money Health Solutions. We dive into the hidden forces shaping our money mindset, how childhood experiences influence financial behaviors, and the powerful role of curiosity in personal and financial growth. Derek shares his journey from growing up in a low-income household to becoming an expert in financial decision-making and meaning-making.

Quotes:

“Money is more than numbers. It’s about what it means to us and how we interact with it.” – Derek Hagan

Key Moments:

• [1:15] Derek’s early curiosity about life, meaning, and money
• [5:45] Growing up with a scarcity mindset and how it shaped his financial outlook
• [12:30] The invisible career paths in finance that many never learn about
• [18:20] How financial planning decisions are often made under uncertainty
• [25:10] Derek’s journey into the CFA® and CFP® world
• [30:40] The realization that technical finance knowledge isn’t enough
• [36:15] The turning point—discovering financial psychology and deep listening
• [42:30] How curiosity leads to stronger relationships and better money decisions
• [50:10] Practical tips for couples to improve financial communication

Resources & Links:

• Connect with Derek Hagan:
• Website: Money Health Solutions
• LinkedIn: Derek Hagan
• Twitter: @MoneyHealthGuy
• Recommended Books & Resources:
• Thinking, Fast and Slow by Daniel Kahneman
• Your Money or Your Life by Vicki Robin & Joe Dominguez
• The Psychology of Money by Morgan Housel

Connect with Ed Coambs:

• Website: Healthy Love and Money
• Instagram: @HealthyLoveAndMoney
• LinkedIn: Ed Coambs

Subscribe & Share

If you enjoyed this episode, don’t forget to subscribe and leave a review. Share this episode with your friends, family, or partner to help us reach more people on their journey to financial and relational well-being. Let’s grow together!

Healthy Love & Money Podcast Disclaimer

This podcast is designed for educational and informational purposes only. The content shared here reflects my personal and professional experiences as a financial therapist and Certified Financial Planner™. It is not a substitute for professional financial, legal, or mental health advice specific to your situation.

While I aim to provide helpful insights, each individual and relationship is unique, and the topics discussed may not fully apply to your personal circumstances. I encourage you to seek personalized guidance from a qualified financial, legal, or mental health professional.

By listening to this podcast,...