Hello again and welcome back to the savvy psychologist. I'm Dr. Ellen Hendrickson and every week I'll help you meet life's challenges with evidence-based research, a sympathetic ear, and zero judgment.

Today we are lucky to have none other than Jean Chatsky, financial editor of NBC's Today Show, and the author of several books.

Her latest, Age Proof, Living Longer Without Running Out of Money or Breaking A Hip, hits the

Shelves in February.

You can check out her, always helpful podcast and blog her money at Gene Chatsky.com.

Gene, thank you so much for being on the show. Thanks so much for having me.

So I'm really excited to talk to you because money and psychology are inextricably intertwined.

Like money can motivate us, cause us great anxiety, and even as recent studies show impact our

levels of compassion and empathy, but it's also rated the number one source of

stress and we certainly live in anxious time. So these days when we worry about money, what specifically are we worrying about and what can we do to help soothe those worries.

So the big things that we're worried about are not having enough money to last as long as we

last ourselves and we're particularly worrying about that because longevity with the

exception of this year when it took a little dip has just been going steadily

up and up and up. We worry about not being able to maintain our

standard of living and we worry about health care expenses in particular

because they've been increasing at a rate that is

dramatically greater than the rate of inflation at about six to seven percent a

year. So you put all those things together and you're right you get a

bundle of stress. When I dug in to start working on age proof, which I

should say I didn't write myself, I wrote with Dr Michael Royson who is the chief of

wellness at the Cleveland Clinic and the co-author of all the U books we wrote a large section on stress because stress is the biggest

ager and the biggest cause of stress is money. So you've got to tackle both of those things head on.

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