52 min
What's Your Relationship With Money Finance for Physicians
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- Investing
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.
In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Danielle Seurkamp, Certified Financial Planner (CFP®) 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.
Topics Discussed:
Financial Literacy: Ability to use knowledge, skills to manage financial resources
Mental and Emotional Errors: Get in the way of ability to use knowledge/skills
Financial Flashpoints/Money Scripts: Experiences shape relationship w/ money
Financial Memories: Think about your past to identify your own money beliefs
Financial Half-truths: Problems and promises can be positive or negative
Financial Fears: Money is how you provide yourself food, shelter, and stay alive
Financial Patterns: Be aware of reasons you spend money based on behaviors
Awareness Exercises:
Intentionally notice, track, and document feelings via journaling
Make a counter-argument to push against your promises and beliefs
Create genogram/chart of your family’s financial history
Take money script inventory quiz
Gain clarity on your values
Financial Therapy: When to seek out help with money and relationships
Links:
Danielle Seurkamp on LinkedIn
Financial Planning & Sustainable Investing - Well Spent Wealth Planning
Genograms for Psychotherapy (Guide) - Therapist Aid
Start Money Script - Your Mental Wealth Advisory
Using a Journal Can Change Your Life - Jim Rohn
Personal Values
What Is Financial Therapy With Ed Coambs
3 Exercises To Help You Clarify Your Values
Contact Finance for Physicians
Finance for Physicians
Full Episode Transcript:
Daniel: What's up everyone? I am excited to have a guest with me today. We're going to be talking about money, of course, but talking about your relationship with money. My guest today is Danielle. Danielle, can you give us a quick intro? Say hello to everyone.
Danielle: Everybody, I'm glad to be here with you. My name is Danielle Seurkamp. I'm a CFP. I am the founder of Well Spent Wealth Planning based in Cincinnati. I am fortunate enough to be in a study group with our illustrious host, Daniel.
Daniel: Yeah, illustrious. It's good work. Danielle's not given you the full story. She's got an incredible background. She has all these designations and has all sorts of great involvement in our industry.
If I was to boil down, Danielle has kind of gravitated towards the behavioral side of financial planning and personal finance. You have certified financial behavior specialists, that's one, and then you have a Master's.
Danielle: Right, yup. Actually, my Master's wa
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.
In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Danielle Seurkamp, Certified Financial Planner (CFP®) 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.
Topics Discussed:
Financial Literacy: Ability to use knowledge, skills to manage financial resources
Mental and Emotional Errors: Get in the way of ability to use knowledge/skills
Financial Flashpoints/Money Scripts: Experiences shape relationship w/ money
Financial Memories: Think about your past to identify your own money beliefs
Financial Half-truths: Problems and promises can be positive or negative
Financial Fears: Money is how you provide yourself food, shelter, and stay alive
Financial Patterns: Be aware of reasons you spend money based on behaviors
Awareness Exercises:
Intentionally notice, track, and document feelings via journaling
Make a counter-argument to push against your promises and beliefs
Create genogram/chart of your family’s financial history
Take money script inventory quiz
Gain clarity on your values
Financial Therapy: When to seek out help with money and relationships
Links:
Danielle Seurkamp on LinkedIn
Financial Planning & Sustainable Investing - Well Spent Wealth Planning
Genograms for Psychotherapy (Guide) - Therapist Aid
Start Money Script - Your Mental Wealth Advisory
Using a Journal Can Change Your Life - Jim Rohn
Personal Values
What Is Financial Therapy With Ed Coambs
3 Exercises To Help You Clarify Your Values
Contact Finance for Physicians
Finance for Physicians
Full Episode Transcript:
Daniel: What's up everyone? I am excited to have a guest with me today. We're going to be talking about money, of course, but talking about your relationship with money. My guest today is Danielle. Danielle, can you give us a quick intro? Say hello to everyone.
Danielle: Everybody, I'm glad to be here with you. My name is Danielle Seurkamp. I'm a CFP. I am the founder of Well Spent Wealth Planning based in Cincinnati. I am fortunate enough to be in a study group with our illustrious host, Daniel.
Daniel: Yeah, illustrious. It's good work. Danielle's not given you the full story. She's got an incredible background. She has all these designations and has all sorts of great involvement in our industry.
If I was to boil down, Danielle has kind of gravitated towards the behavioral side of financial planning and personal finance. You have certified financial behavior specialists, that's one, and then you have a Master's.
Danielle: Right, yup. Actually, my Master's wa
52 min