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HerMoney with Jean Chatzky

Ep 366: Let Go Of Financial Stress, Shame, And Guilt

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 12 April 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

You can’t talk about money without talking about emotions — and the emotions we associate with money conversations usually aren’t so great. Fear and guilt often prevent us from enjoying our money, being proactive, and building a solid financial future. How can we get to the root of these feelings and learn to connect money with happiness? Lawyer and financial expert Scarlett Cochran is here to help us answer those questions. In Mailbag, we talk about whether to keep or sell a house after divorce. In Thrive, how to travel for cheap. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an AirWave Media Podcast.

0:04.0

That is really setting ourselves up for failure, this idea of waiting until the future.

0:14.0

What we should be asking is how can we make sure that we're maximizing the enjoyment that

0:18.2

we have of our lives right now and for the rest of our lives.

0:22.0

So it's balancing enjoying life now and making sure that we're doing what we need to financially

0:28.0

in order to have the future that we want to have as well.

0:34.0

To the self-made and the self-sufficient, our partner Edelman Financial Engines

0:39.0

can tailor investment solutions for the wealth you're building.

0:43.0

As a hermoney listener, you'll get a complimentary financial plan when you call 833-304-PLAN

0:51.0

or visit planefe.com slash hermoney.

0:56.0

Everybody I'm Jean Chatsky, thank you so much for joining me today on her money.

1:01.0

If you have been listening really for any time at all, you know I believe personal finance

1:08.0

is about so much more than just the numbers.

1:12.0

When we talk about paying off debt or saving for a house or setting up college funds for our kids,

1:18.0

we're really talking about emotions.

1:22.0

We're talking about safety and security and hopes and dreams.

1:27.0

There is a reason that people say financial advisors are like therapists.

1:32.0

They are privy to our deepest fears and our greatest joys.

1:38.0

And there are also actual financial therapists out there whose entire job is to help people

1:43.0

unpack their emotions around money.

1:46.0

The biggest emotion that we associate with money, it's stress.

1:51.0

69% of adults say that the economy is a significant source of stress.

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