The Financial Wellbeing Podcast
Business:Investing
In this episode, we sit down with Financial Psychology expert Dr Sonya Lutter. Delving into the root causes of our financial decision-making, from the impact of societal expectations on our spending to the role of inner conflict and psychological stress on our financial choices. With some great exercises you can explore with your partner and yet another brilliant #tightasstommo money saving tip, this is an episode not to miss.
IntroductionsThe Financial Wellbeing Podcast has been going for 8 Years
Want to work with Producer Tommo and a like minded team? Come and have a chat with Ovation
What’s on Today’s Podcast?Interview with Financial Psychologist and founder of The Financial Therapy Association in the USA, Sonya Lutter
Tight Ass TommoBridging the gap between therapy, counselling, coaching and financial planning.
What is at the root of our bad money making decisions?
We act how others think we should – often in conflict with our own values.
Inner conflict and psychological stress
In fight or flight mode blood is not pumping through our brain to aid thinking – when stressed we are protecting ourselves in the moment, not thinking long term.
The disconnect between what we do, due to how we perceive others think we should act, versus acting on our own personal values.
Why it’s hard to be content with what you have
Your friends friends have more impact on your happiness than a salary increase. So pay attention to how your friends make you react.
Happiness doesn’t just happen, it takes effort
How joint bank accounts lead to better relationships – talking about money together
Exercise for couples – tell your partner about your earliest money memory
Suggestions for financial advisors to help make an impact in their clients lives
Conclusions from the guysGet past superficial thoughts and get deeper understanding of your core values
Another exercise for couples
Dr Sonya Lutter is Director of Financial Health and Wellness Director of Financial Health and Wellness at Texas Tech University School of Financial Planning and founded the ELITE academy to help bridge the gap between financial planning and mental health.
Come and connect with Dr Sonya Lutter on LinkedIn for more information.
Episode 113 – Maslow, Money and Happiness
Episode 112 – 100 Year Life with Dr Tom Mathar
Episode 111 – Living the Long Life: Blue Zones and Financial Wellbeing
Episode 110 – The Financial Wellbeing Pulse with Chris Budd
Episode 109 – Reclaiming Philanthropy with Emma Beeston
Episode 108 – Mind the Perception Gap
Episode 107 – Making Decisions with Nick Elston
Episode 106 – Does More Money Equal More Happiness?
Episode 104 – Crack the Happiness Code with Set Point Theory
Episode 103 – Money Stories with Sarah Newcombe
Episode 102 – Exploring Purpose with Jan Bowen-Nielsen
Episode 101 – Permission to be Happy
Episode 100 – Celebrating 100 Episodes!
Episode 99 – Beyond the Finish Line with Leon Taylor
Episode 98 – Your Future Self with Hal Hershfield
Episode 97 – 4 Steps to Financial Wellbeing
Episode 96 – Interview with Reverend Richard Coles
Episode 95 – Mastering Your Money with Paul Lewis
Episode 94 – Why Wealth is Bad for your Health
Create your
podcast in
minutes
It is Free
Get Creative with Pace Morby
U.S Property Podcast
Aligned Money Show
The Ramsey Show
The Clark Howard Podcast