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Perspectives on personal finance: the emotional costs of debt and 'financial trauma'

Perspectives on personal finance: the emotional costs of debt and 'financial trauma'

Published 2 years, 3 months ago
Description

We start off our personal finance hour with some practical tips for managing money and making a budget. Co-host Jeff Tiberii talks with a personal budgeting expert Stacie Walker, Chief Lending Officer at State Employees’ Credit Union.

Then, when therapist Jillian Knight started her career, she took a hands-off approach when it came to talking with her clients about their money struggles. But the more she grappled with the emotional impact of her own debt, she realized there was an unmet need in the field of financial therapy. Now, she counsels women and couples about how to unravel feelings around finances. Jillian talks money shame and guilt with co-hosts Leoneda Inge and Jeff Tiberii.

Co-hosts Leoneda Inge and Jeff Tiberii continue the conversation about personal finance with an exploration of financial trauma, and how poverty or financial insecurity may negatively impact financial decision-making down the road. Dr. Traci Williams unpacks how historically marginalized populations may face barriers to financial well-being that go way beyond the bottom lines of their bank accounts.

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