MMS039: How Your Emotional Habits Affect Your Finances

MMS039: How Your Emotional Habits Affect Your Finances

Like the show?
Subscribe to get all our latest episodes and articles.

Executive Summary

If you’re a free-thinking individual that often finds themselves not just outside the proverbial box, but so far away from the norm that you forgot what “the box” ever looked like, then this is the episode for you!  Joan Sotkin of ProsperityPlace.com has left SMART goals in the dust in her pursuit of emotional nirvana and financial utopia.  We try to bring it every episode of MMS, but we promise you that this week will be especially entertaining!

episode39-cover

Some important questions discussed in this episode:

  • Why does Joan believe it’s key to “Recognize, Realize, Respond?”
  • How is Kyle going to drive a Porsche on his teacher’s salary?
  • Why is determining what’s truly important so um… important?
  • Aren’t you treating yourself like someone you love?
  • And how are your emotions messing up your finances?

Links We Mentioned

Panelists In This Episode:

For a quick bio of each of our show participants, head on over to our panelists page.

Follow Us

Join us live every week for a new discussion about money! Follow all of our social media accounts to stay up to date on the latest shows and news!

Follow hashtag: #moneymastermindshow on Twitter every week during or after the show, or send your questions tagged with that hashtag.

2 Responses to MMS039: How Your Emotional Habits Affect Your Finances

  1. Hi! I am a social worker by profession, and was wondering if you’ve heard anything good or bad regarding Financial Social Work. There is a $500 training course where one can be trained to work with clients who struggle financially, getting to the emotional roots and using behavioral interventions to help clients forge a new relationship with money. It looked like it might be useful for someone who may be interested in being an EAP (Employee Assistance Program) counselor, since money problems are common among couples and families, and many bring those stresses into the workplace.

    I am trying to discern whether it would be worth the $500 to invest in this training (which does not provide any special licensure but provides a credential), or if it is enough to rely on the family theory and therapeutic interventions I learned from my masters in Social Work program. Thanks!

    • Hi Mimi. Unfortunately, I don’t know much about this program. The value depends on whether or not you get a pay bump, or if you are able to meet other goals with this credential. If you feel like you can charge more for your services, become a financial counselor, or take your career to the next level, it might not be a bad plan — provided that this is a credential that a potential employer actually cares about.

Leave a reply

Pin It on Pinterest

Share This