34 min
Understanding and Navigating Emotions for Better Financial Decision-Making Wealth-Building Made Simple
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- Investing
Key Takeaways:
Emotions are likened to a car's dashboard, providing signals about our inner state that can inform our financial decisions.
Trauma memories, when triggered, can impact current behavior, including financial choices, and require strategies to reprocess and integrate into long-term memory.
Practices such as EMDR therapy and mindfulness techniques, including square breathing, can facilitate emotional regulation and help break negative behavior loops.
Emotions that are often labeled as negative, such as anger or fear, can be adaptive and serve as catalysts for positive change if channeled correctly.
Forgiveness is framed as a personal release of emotional burden rather than necessarily leading to reconciliation, crucial for both personal freedom and financial decision-making.
Chapters:
Timestamp Summary
1:00 Integrating Psychology in Financial Advising
4:38 Understanding and Embracing Emotional Intelligence
8:08 Understanding Attachment Disruptions in Early Childhood
9:21 Breaking Emotional Loops and Understanding Trauma Memory
12:06 Understanding Trauma and the Brain’s Response to Triggers
15:58 Trauma’s Impact on Financial Decisions and Emotional Regulation
19:40 Overcoming Fear Through Curiosity and Courage
20:10 Mastering Mindfulness to Overcome Life’s Challenges
23:24 Dreams, Biology, and the Human Connection to Cells
25:32 Redefining Forgiveness and Embracing Emotional Adaptivity
29:36 Discussing Mental Health, Finance, and Personal Boundaries
Powered by Susan Reed LCSW and Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Key Takeaways:
Emotions are likened to a car's dashboard, providing signals about our inner state that can inform our financial decisions.
Trauma memories, when triggered, can impact current behavior, including financial choices, and require strategies to reprocess and integrate into long-term memory.
Practices such as EMDR therapy and mindfulness techniques, including square breathing, can facilitate emotional regulation and help break negative behavior loops.
Emotions that are often labeled as negative, such as anger or fear, can be adaptive and serve as catalysts for positive change if channeled correctly.
Forgiveness is framed as a personal release of emotional burden rather than necessarily leading to reconciliation, crucial for both personal freedom and financial decision-making.
Chapters:
Timestamp Summary
1:00 Integrating Psychology in Financial Advising
4:38 Understanding and Embracing Emotional Intelligence
8:08 Understanding Attachment Disruptions in Early Childhood
9:21 Breaking Emotional Loops and Understanding Trauma Memory
12:06 Understanding Trauma and the Brain’s Response to Triggers
15:58 Trauma’s Impact on Financial Decisions and Emotional Regulation
19:40 Overcoming Fear Through Curiosity and Courage
20:10 Mastering Mindfulness to Overcome Life’s Challenges
23:24 Dreams, Biology, and the Human Connection to Cells
25:32 Redefining Forgiveness and Embracing Emotional Adaptivity
29:36 Discussing Mental Health, Finance, and Personal Boundaries
Powered by Susan Reed LCSW and Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
34 min