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Optimal Finance Daily - Financial Independence and Money Advice

3377: Money Stress: Why We Use Money to Feel Bad About Ourselves by Dr. Lisa Firestone of Psych Alive

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 6 December 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3377: Dr. Lisa Firestone explores how our emotional history, especially early experiences with money, shapes our current financial stress and self-worth. She reveals how the "critical inner voice" hijacks our judgment, fueling guilt, anxiety, and self-sabotage, and offers practical tools for developing healthier financial beliefs and habits. Read along with the original article(s) here: https://www.psychalive.org/money-stress-why-we-feel-bad-about-money/ Quotes to ponder: "The critical inner voice can cloud your judgment when it comes to money, because you are no longer making choices based on real, practical information." "Don’t avoid your fears or try to self-soothe. Neither buying something you can’t afford nor denying yourself any little luxury will truly relieve you." “The critical inner voice often creates conflict between couples when it comes to money.” Episode references: Stress in America survey by the American Psychological Association: https://www.apa.org/news/press/releases/stress Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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This is Optimal Finance Daily. Money Stress. Why we use money to feel bad about ourselves.

1:20.7

By Dr. Lisa Firestone of Psycholive.org.

1:25.1

Work and money are the leading causes of stress in America, according to the American Psychological

1:30.7

Association's Stress in America survey.

1:34.4

Money may seem like a practical concern, requiring rationality and logic to manage.

1:40.0

However, we very often underestimate the emotional aspects of handling money.

1:45.5

Our attitudes about money have deep roots in our past.

1:48.8

By the time we become financially independent ourselves,

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