What's Your Relationship With Money

<p>What is the behavioral component and psychology of money? How do you deal with it tactically and practically? Your relationship with money is a big deal and makes a significant impact on your day-to-day decisions.&nbsp;&nbsp;&nbsp;</p> <p>In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Danielle Seurkamp, Certified Financial Planner (CFP&reg;) and founder of Well Spent Wealth Planning. Danielle focuses on the behavioral side of financial planning and personal finance and helps individuals and families to effectively achieve their financial goals.</p> <h3><strong>Topics Discussed:</strong></h3> <ul> <li>Financial Literacy: Ability to use knowledge, skills to manage financial resources</li> <li>Mental and Emotional Errors: Get in the way of ability to <em>use</em> knowledge/skills</li> <li>Financial Flashpoints/Money Scripts: Experiences shape relationship w/ money</li> <li>Financial Memories: Think about your past to identify your own money beliefs</li> <li>Financial Half-truths: Problems and promises can be positive or negative</li> <li>Financial Fears: Money is how you provide yourself food, shelter, and stay alive</li> <li>Financial Patterns: Be aware of reasons you spend money based on behaviors</li> <li>Awareness Exercises: <ul> <li>Intentionally notice, track, and document feelings via journaling</li> <li>Make a counter-argument to push against your promises and beliefs</li> <li>Create genogram/chart of your family&rsquo;s financial history</li> <li>Take money script inventory quiz</li> <li>Gain clarity on your values</li> </ul> </li> <li>Financial Therapy: When to seek out help with money and relationships</li> </ul> <h3><strong>Links:</strong></h3> <p><a href="https://www.linkedin.com/in/danielleseurkamp/">Danielle Seurkamp on LinkedIn</a></p> <p><a href="https://www.wellspentplanning.com/">Financial Planning &amp; Sustainable Investing - Well Spent Wealth Planning</a></p> <p><a href="https://www.therapistaid.com/therapy-guide/genograms">Genograms fo