Episode Details

Why do our emotions have such a strong influence on our finances?

Many people struggle with managing their finances because they don’t fully understand their emotions about spending, or because they feel pressure to maintain a certain level of living.

In this episode, Darren Wurz sits down with Christine Luken, the founder of the Financial Dignity Movement and author of “Money is Emotional: Prevent Your Heart from Hijacking Your Wallet”, to talk about the connection between the way we control and spend our money and our emotions. Christine chats about certain factors that determine our financial decisions and also mentions what mentality we should have when it comes to our money.

Christine and Darren discuss:

• How emotions can lead us to poor financial decisions and why making more money does not solve underlying issues  
• How understanding and harnessing the power of emotions can help us achieve our financial goals
• The power of creating a specific vision and goal with positive and negative emotions 
• How professionals, such as attorneys and doctors, struggle with money management due to lack of time and disorganization, and pressure to maintain a certain lifestyle
• The impact of money scripts and how they can unconsciously affect our financial behavior and decisions
• Using money as a tool for good
• Why budgeting isn’t the most healthy way of managing your finances
• And more!

Resources:

• Wurz Financial Services
• Money Is Emotional: Prevent Your Heart from Hijacking Your Wallet by Christine Luken
• Financial Dignity After Divorce by Christine Luken
• Manage Money Like a Boss course

Connect with Darren Wurz:

• dpw@wurzfinancialservices.com
• 30 Minute Chat With Darren
• Wurz Financial Services
• The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz
• LinkedIn: Darren P. Wurz