81 min listen
30: Exploring the Mindsets and Motivations Driving Money Decisions with Rachel Cruze
30: Exploring the Mindsets and Motivations Driving Money Decisions with Rachel Cruze
ratings:
Length:
51 minutes
Released:
Aug 4, 2021
Format:
Podcast episode
Description
Financial success relies just as much on knowing yourself as it does knowing what to do with money. After spending the majority of her career teaching people what to do with their money, Rachel Cruze realized that knowing what to do wasn't enough. That the gap between knowing and doing is forged by how we think, feel, and behave with money (our mindset and motivations). And it's these mindsets and motivations that drive most of our financial decision-making. The key to behavior change and financial success is helping clients understand why they handle money the way they do and what to do about it. In this episode, Rachel discusses: The percentage of personal finance that is behavioral vs tactical The Four Money Classrooms that reveal how your childhood impacts your decision-making today Why dreaming is the key to boosting savings The "Why Statement" that she says everybody should use to start their money conversations Three insights on how to create lasting behavioral change *For resources and similar episodes, visit: www.wiredplanning.com/episode30 *For more insights and resources on mastering the human side of money, check out www.wiredplanning.com
Released:
Aug 4, 2021
Format:
Podcast episode
Titles in the series (100)
12: Evan Beach | An Evidence-Based Approach to Winning Prospects and Influencing Clients (Part Two): Evan Beach is the Director of Wealth Advisory for Campbell Wealth Management, an RIA firm in Alexandria, VA that oversees around $800 million AUM almost exclusively for clients over the age of 55. He writes for Kiplinger and the Journal of Financial... by The Human Side of Money