Modern Financial Wellness

Welcome to another episode of Modern Financial Wellness! I’m your host, Jim Grace. On this show, we explore what it means to truly thrive financially—not just in terms of dollars and cents, but in terms of how we relate to money emotionally and practically. In today’s episode, we’re diving into an important and often misunderstood topic: how ADHD and executive functioning challenges can affect our financial lives. Whether you have a diagnosis or just sometimes feel overwhelmed by to-do lists and money decisions, this conversation offers insight and practical strategies for everyone.

Joining me is an...

Welcome back to Modern Financial Wellness! I'm your host, Jim Grace, and on today’s episode, I had the privilege of sitting down with Tim "Jai" Baker—wealth advisor, founder of Luminess Wealth, and author of “The Awakened Investor.” We explored not only the technical side of what makes up true wealth, but also dove deep into the intersection of finance, mindfulness, and personal transformation.

Tim brings a truly holistic perspective to the financial world. With nearly four decades of experience as a wealth advisor, he’s founded multiple firms, including Luminess Wealth, and has recently authored “The Awakened...

Welcome back to Modern Financial Wellness. I’m Jim Grace, CFP®, your host, and today I had the pleasure of speaking with Melissa Hoyer, a certified financial planner and certified coach from The Wealth Conservancy in Boulder, Colorado. We're talking about the complex and often personal dynamics surrounding inherited wealth. Melissa brings an interesting combination of financial planning expertise and a deep understanding of the emotional aspects of inheriting wealth, making her insights invaluable for anyone navigating this challenging situation.

In this episode, we explored the experiences of people who suddenly come into wealth, often as a res...

Welcome to another episode of Modern Financial Wellness, where we dive into the psychology of money to help you feel better about your finances. I'm your host, Jim Grace, CFP®, guiding you through today's discussion on understanding the emotional aspects of financial decisions, especially during retirement.

I am thrilled to have Dan Haylett join us today. Dan is a multifaceted financial planner and the head of growth at TFP Financial Planning in the UK. He's also the mastermind behind "Humans versus Retirement," a podcast and content hub for anyone looking to live a retirement filled with purpose a...

In this episode, I'm joined by Dave Giesleman, founder of Become Limitless Flow State Mindset Coaching and Limitless Flow Breathwork. Our conversation centers around stress management and how tools like breathwork and achieving a flow state can enhance mental clarity and decision-making, particularly in a financial context. Dave shares insights from his experience transitioning from a high-stress career as a chef to teaching others how to manage stress healthily. He emphasizes the importance of understanding how the body's stress response works and using techniques to calm the mind and body.

We also talk about the different types...

In this episode, I welcome Gordan Stein, author of "Cash Flow Cookbook: $2,000,000 of Financial Freedom in 60 Easy Recipes." Gordon shares his unique journey from a career in tech to becoming an author and speaker focused on personal finance. Our conversation centers around practical ways to improve cash flow without significant sacrifices. Gordon discusses how small changes in everyday expenses can accumulate into substantial savings over time, emphasizing the importance of mindset in achieving financial freedom.

Gordon also provides actionable steps to start a journey towards financial wellness. He suggests examining fixed monthly bills first and then moving...

In this episode, I welcome Brian Page to discuss the interconnectedness of financial management and home management. Highlighting the importance of delegation to reduce stress and improve happiness, Brian shares his journey about using meal delivery services and budgeting with his kids. He talks about intentional communication with his wife, utilizing tools like Tiller and shared calendars for efficient household and financial coordination. The conversation also covers evolving gender roles, advocating for shared responsibilities at home to match changing workforce dynamics. Brian’s initiative, Modern Husbands, offers resources to help couples manage finances and home life as a team, un...

In this episode, I welcome back Jen Reid, but I also talk to Julie Costa to talk about their unique and reciprocal professional relationship that has profoundly influenced their personal and client journeys.

Jen shares her path to recognizing and overcoming subconscious blocks through Julie's Anchored program, while Julie, in turn, became Jen's client, showcasing the value of mutual learning. We discuss their fascinating techniques like subconscious reprogramming, hypnosis, and NLP (neuro-linguistic programming) to dig deeper into people's issues around money.

Julie talks about helping people transform their financial anxieties into empowering beliefs. Learn how...

In this episode of Modern Financial Wellness, I talk to Jonathan Ainsley to explore the concept of flourishing longevity and how it relates to rethinking retirement. We talk about the importance of planning for not just financial stability but also personal well-being and purpose as people age. With people living longer, Jonathan challenges traditional retirement stereotypes and discusses a more dynamic vision that encompasses meaningful activities, health, mindset, and community involvement.

Jonathan has spent many years in the financial services industry in practice management and helped advisors help their clients plan for aging longer.  Along the way, h...

In this episode, I talk to Jen Reid, the CEO and financial consultant at BASE Financial Planning, Consulting, and Education. Jen discusses her transition from a traditional financial setting, where her role was primarily to sell life insurance, to becoming an independent financial coach and licensed hypnotherapist. She shares her dissatisfaction with the commission-based model and how it motivated her to focus on addressing clients' broader financial issues, like debt, investments, and college savings.

Jen explains her approach to financial coaching, which includes monthly meetings with clients to focus on budgeting and life coaching aspects. She emphasizes...

In this episode, I welcome Adrian Brambila and Dr. Brad Klontz to discuss their new book, "Start Thinking Rich: 21 Harsh Truths to Take You from Broke to Rich" and to talk about the mindset that may be keeping you poor.

Dr. Brad Klontz is a clinical psychologist and Certified Financial Planner, and Adrian is a former professional dancer, now entrepreneur, YouTuber, and self-made millionaire. They discuss how they met, and why this book was so important for them to write. From Dr. Klontz's beginnings, growing up in a low-income household, and how his early experiences with financial...

So many are working towards retirement, but will you feel fulfilled when work no longer defines you?

In this episode, I talk to Jeff Bernier, a seasoned financial planner, Founder of Tandem Growth Financial Advisors, and host of the "Money & Meaning" Podcast. Jeff brings over 37 years of experience and shares insights from his book, "The Money in Meaning Journey, a Guide to Clarity, Financial Confidence, and Joy."

Jeff shares how his personal experiences, like his father's struggle with finding purpose post-retirement, shaped his holistic approach to financial planning. We explore the psychological and emotional facets...

In this episode, I talk to Kim Jones, who shares her journey from a senior executive role in a Fortune 250 company to becoming a coach dedicated to helping individuals align their careers with their values and purpose. We discuss the psychological and emotional aspects shaping financial decisions and career paths, highlighting the prevalent issue of feeling unfulfilled in traditional corporate roles. Kim talks about reconciling financial stability with work that holds meaning and purpose, using frameworks like Ikigai and Clifton Strength Finders to guide her clients through transformational career changes.

Kim also shares valuable insights on the...

In this episode, I talk to Erika Wasserman, Your Financial Therapist, to explore the relationship between money and emotions. Erika shares her journey from learning finances from her father to a dynamic career that included significant life transitions, such as marriage, children, divorce, and inheriting assets. Through these experiences, Erika deeply understood money's impact on personal relationships and the importance of clear financial communication.

We talk about the crucial role of estate planning and life insurance, particularly for parents with children and aging parents. Erika gives great advice about reducing spending, setting financial boundaries, and using conversation...

On this episode I talk to the author of the new book "F.I.R.E for Dummies", Jackie Cummings Koski, CFP®️.

Jackie's road to an early retirement in her forties began with a wake-up call during her divorce.  She walks us through her journey from conquering her fear of the stock market by joining an investment club, educating herself on the ins and outs of personal finance and eventually sharing her knowledge through writing and educating others.   

We talk about... 

On this episode I am joined by Christine Hargrove, PhD candidate at The University of Georgia.  Christine's work centers around ADHD, Relationships and Finances and we had a great conversation about the intersection of all three of those things. 

ADHD is something that my family lives with, which in the past has sometimes made it challenging for my wife and I to have healthy, constructive conversations about our finances.  Being neurodivergent can make the difficult task of managing your money even more challenging.  

Additionally, being the spouse or partner of someone with ADHD (like me) requ...

Dr. Mary Bell Carlson, CFP®, AFC®, is a financial behavior expert, well-known speaker, podcaster, and storyteller and I was excited to have the chance to talk to her about her work around Financial Biases.

We had a really wide ranging conversation in which we cover... 

Creativity is something that often appears as a key ingredient in finding purpose and living a meaningful life.  I find that connection between creativity and purpose to be really fascinating, which is why I was excited to have the opportunity to talk to Rochelle Seltzer.

Rochelle is an award winning designer, author and coach and she joined me to talk about her book, "Live Big: A Manifesto for a Creative Life". 

We talk about... 

Merging your finances and having joint bank accounts when you get engaged or married might seem like a good idea.  But it turns out that it's actually backed by science as well!

I sat down with Jenny Olson, Assistant Professor of Marketing at Indiana University's Kelley School of Business to discuss her work around all things couples and money, but specifically...

.... and m...

On this episode I talk with Neil Bage about Ikigai, the Japanese concept that combines the words "Iki" or "Life" and "Gai" or "Worth".  Combined the word Ikigai means, "That which gives your life worth, meaning, or purpose".

Finding purpose and living a life filled with meaning are important things to pursue, but these concepts can sometimes feel difficult to approach.   Exploring Ikigai can be a helpful way to get started thinking about the things that are most important to you and how you want to be spending your time making a living. 

On this episode of MFW I talk with Manisha Thakor about her new book "Money Zen: The Secret to Finding Your Enough".  In the book Manisha shares her struggles with workaholism and "hustle culture" and how she's left behind the constant quest  for "more" and created a life filled with balance and meaning.

I believe that the word "Enough" can be one of the most important topics in all of personal finance.  I don't know that I can think of another word that carries so much weight and can appear in so many different ways.

Do...

On this episode I discuss the often difficult subject of "Talking About Money" with Wealth Psychology Expert, Author and Coach Kathleen Burns Kingsbury.

Through her work Kathleen inspires women, the next generation, and financial professionals to break their money silence and live richer, more satisfying lives.

THINGS YOU WILL LEARN:

In this episode I talk with Financial Planner Allen Mueller about F.I.R.E, Financial Independence Retire Early.  What it is and isn't, how to go about seeking financial independence and things to consider if you plan to retire early.

YOU WILL LEARN ABOUT:

For the first episode of Modern Financial Wellness in 2024, I put together a short "How To" show. I'll walk you through the things to think about and steps to take when you consider organizing your finances.

We'll start with some high-level ideas like: 

On this special TECH SPOTLIGHT edition of Modern Financial Wellness Jim talks with Gilad Uziely CEO and Founder of Sequence, a first of its kind “Financial Router”.

So What is Sequence?

Sequence is a “Financial Router” which means it is a platform designed to help you use logic and automation to move money, or route it, between multiple accounts, across the many financial institutions you might currently do business with. 

Why is it Unique?

There are a number of things I like about the platf...

In this episode Jim talks with mortgage expert John Donlon about the home buying experience, why it can feel so stressful and how to best prepare for the biggest financial transaction in most of our lives.

John has over 20  years of experience, helped thousands of people purchase a home or refinance their existing mortgage and talked thousands more through the process ultimately never leading to a completed loan.   He has seen it all.

HERE IS WHAT WE LEARNED:

On this episode Jim talks with couples financial therapist and coach Ashely Quamme, LMFT about couples & money and why talking about money can be so difficult. 

So why is it difficult for couples to talk about money?  Here are a handful of ideas from Ashley and Jim’s conversation: