How to Build Financial Resilience in 2020, with Dr. Brad Klontz, financial psychologist
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 30 June 2020
⏱️ 68 minutes
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Summary
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| 0:00.0 | You can afford anything but not everything. |
| 0:10.8 | Every choice that you make is a trade-off against something else and that doesn't just |
| 0:13.5 | apply to your money that applies to your time, your focus, your energy, your attention, |
| 0:18.6 | any limited resource that you need to manage. |
| 0:21.1 | And that leads to two questions. |
| 0:22.8 | First, what matters most to you? |
| 0:25.4 | Not what the society say should be important, but what's truly a priority in your own |
| 0:29.7 | life. |
| 0:30.7 | And second, how do you align your daily choices to be able to reflect that? |
| 0:36.2 | Answering these two questions is a lifetime practice and that is what this podcast is |
| 0:39.6 | here to explore. |
| 0:40.6 | My name is Paula Pat. |
| 0:41.6 | I am the host of the Affordable Care Foundation. |
| 0:43.9 | And today, financial psychologist Dr. Brad Clonce joins us to talk about how to develop |
| 0:50.0 | financial resilience. |
| 0:51.4 | 2020 has been a very stressful year to state the obvious. |
| 0:55.4 | And in today's interview, Dr. Clonce discusses how we can develop the resilience to not |
| 1:00.3 | only come out of 2020 stronger, but also develop skills that can help us survive and cope |
| 1:08.0 | with the events of the following decades to come. |
| 1:11.6 | Dr. Clonce is both a clinical psychologist and a certified financial planner. |
| 1:15.4 | He was an associate professor of personal financial planning at Kansas State, where he ran |
| 1:20.3 | a financial therapy clinic in which he trained financial advisors and psychologists in |
... |
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