EP 129: The Intersection of Psychology and Money - It's Complicated

Money & You with Michelle Perkins

This podcast featured Dr. Greg Cason, host of the "Off The Couch" podcast, and his producer Brian Gomez, joining the Money and You Show to talk about money and psychology. As a guest expert specializing in cognitive behavioral therapy, they discussed the psychology behind one's money mindset, how past experiences and upbringing shape beliefs about money, and the impact of the environment on financial decisions.
The conversation highlighted the importance of understanding one's relationship with money and how it influences life choices. The speakers emphasized the need for radical acceptance of oneself and the idea that money is not just a linear trajectory but influenced by many factors. They also touched on the significance of research studies in understanding financial behaviors. The podcast provided insights into the emotional and psychological aspects of money management, offering a deeper understanding of personal finance.
00:00 - Psychology of money exploration
05:31 - Acceptance and financial planning
20:11 - Influences on money beliefs
26:42 - Money as relationship dynamics
43:43 - Impact of environment on finances
Takeaways:
- They delve into the emotional aspects of our relationship with money and how it is influenced by psychology.
- The role of cognitive behavioral therapy in understanding money mindset.
- How past experiences and upbringing shape our beliefs about money.
- The impact of the environment on our financial decisions and values.
- The importance of mindset in achieving financial goals.
- The significance of following intuitive inner knowings in financial decision-making.
- It's essential to have a positive mindset and accept oneself in order to navigate financial challenges effectively.
- Following intuitive inner knowings can lead to positive outcomes in financial decision-making.
For much more on ALL things money mindset, money management, how to earn a great living and take control of your finances…Subscribe to my weekly podcast, Money and You:
https://podcasts.apple.com/us/podcast/money-you-with-michelle-perkins/id1365907575?ign-itscg=30200&ign-itsct=podcast_box
And don’t forget to join the Limit Free Life email community for valuable, usable content and to learn about upcoming events: Let’s Connect… https://limitfreelife.com/newsletter/I’m excited to offer you a proven way to develop a next level relationship with money that will empower your mindset and financial mastery by “dating your money.” Until you understand how YOU relate to money and what you believe about money, nothing will change. Once you begin to get to know yourself with money, learn the fundamentals of money management, and operate in a new way with money, everything will open up. Join my signature “Your Money Date™” program and I’ll help you make the shift. https://limitfreelifeworkshops.com/money-date/ The next one begins soon! For more information on Limit Free Life & Michelle Perkins: https://limitfreelife.comLinkedIn: https://www.linkedin.com/in/limitfreelife/Instagram: https://www.instagram.com/livealimitfreelifeYou Tube: https://www.youtube.com/@michelleperkins-limitfreel2446