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January 15, 2025 40 mins
Vicky Reynal is the first financial psychotherapist in the UK, where she has pioneered an approach that applies psychodynamic psychotherapy principles to working with client’s complex relationship with money. Her award-winning book “Money on Your Mind: The Psychology Behind Your Financial Habits” is being translated in 8 languages.  In this episode, I talk with Vicky about the emotional dynamics behind our relationship with money. Vicky discusses the deep emotional connections behind money habits, illustrating how childhood experiences influence behaviors like overspending, hoarding, and financial secrecy. Drawing insights from her book, Money on Your Mind, she emphasizes the importance of curiosity and self-compassion in understanding these patterns. Vicky also explores the societal taboos surrounding money and their role in perpetuating shame and anxiety. In this episode: (00:00) - Intro (01:06) - Meet Vicky Reynal (03:04) - Understanding emotional reactions to money (06:03) - Exploring financial behaviors and emotions (09:43) - The role of curiosity and self-compassion (16:06) - Financial literacy and emotional awareness (25:41) - Generosity and its complexities (29:11) - Navigating inheritance and family dynamics (30:54) - Gender differences in financial perceptions (33:20) - Financial advice for couples Get full show notes and links at https://mindful.money.  Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.
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