125: Navigating Love, Money, and Faith with Dr. Preston Cherry

“Feelings plus finances equal flourishing. Then, there are stories in your statements, and those stories inform your strategy.”

Our host Ed Coambs sits down with Dr. Preston Cherry, a financial wellness expert, and personal friend whose new book, "Wealth in the Key of Life: Finding Your Financial Harmony," challenges everything you thought you knew about love and money. Ed and Preston share personal stories and practical examples, like travel planning, to demonstrate how aligning financial goals can deepen connections and enhance your partnerships.

Curious about how to transform potentially toxic financial discussions into constructive conversations? They explore this and more, breaking down the barriers often faced when emotions and finances intersect, examining the importance of curiosity and adaptability in dialogue, and ensuring discussions remain open and honest. By fostering an environment that embraces both analytical and metaphorical thinking, the aim is to equip you with the tools to nurture flourishing relationships through healthy financial conversations.

Finally, Ed and Preston contemplate the relationship between religion, faith, and financial prosperity. Is wealth inherently negative, or can it reflect spiritual alignment? Our guest challenges this narrative, urging reflection and gratitude for financial opportunities as divine interventions. All this and more in this episode of Healthy Love and Money!

Key Topics:

• Navigating Financial Intimacy and Communication (00:00)
• Frameworks for Financial Conversations (05:36)
• Overcoming Financial Conflicts and Building Trust (19:16)
• Faith, Religion, and Financial Wellbeing (29:13)
• The Role of Listening and Asking Questions in Financial Conversations (36:53)
• Wrap-Up and Resources (39:29)

Resources:

• Life Money Balance Podcast
• Are Genx Parents Ruining Retirement by Supporting Their Adult Children (episode)
• @drprestoncherry on Socials
• ConcurrentFP.com for Services

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