“Financial trauma is not something that you can take a magic pill for; but, you can certainly become trauma-informed.”

In what ways can childhood experiences predict your financial future? Join our host Ed Coambs as he uncovers the hidden layers of financial trauma with Rahkim Sabree, a pioneering expert in financial therapy!

Rahkim does a deep dive into how early observations of our parents' financial habits profoundly influence our money mindset as adults. Ed and Rahkim navigate the convoluted web of cultural pressures and a culture of consumerism that shape our financial self-worth, and discuss how the mistrust of financial tools, like credit or life insurance, can echo throughout our lives.

Financial trauma, according to Rahkim, is “any instance observed or experienced that has a negative impact on the way you view, interact with, or believe about, money.”

Have you ever felt judged for your financial choices or struggled with the societal expectations tied to your bank account? Rakhim encourages us to become hyper-aware of the different communities in our life—whether religious, familial, or professional—and really see how each shapes our relationship with money.

They also compare the often misleading promises of financial influencers to those of the diet industry, as well as the relationship between financial trauma and generational trauma. Rahkim reminds us that we need a trauma-informed approach to financial healing. He and Ed discuss how bringing the “language” of therapy down the Earth can demystify trauma and help people recognize and overcome deeply ingrained fears, such as the fear of debt.

Ultimately, by aligning personal values with financial goals, Rahkim encourages us to move beyond black-and-white thinking and embrace a nuanced understanding of financial decision-making so we can experience true healing and take back the reins of our financial destiny!

Key Topics:

• Defining “Financial Trauma” (02:08)
• Why Many People Are Reluctant to Engage with Financial Institutions (06:15)
• The Financial Tug-of-War Between Different Communities (11:05)
• Generational Trauma and the Road to Financial Healing (20:22)
• Using “Value Audits” and “Financial Boundaries” to Heal Trauma (31:55)
• Attachment Theory and Financial Trauma (40:53)

Resources:

• RahkimSabree.com
• Overcoming Financial Trauma
• Rahkim Sabree on Forbes

Connect With Healthy Love and Money:

1. Schedule your free 30-minute Discovery Call About Therapy-Informed Financial Planning™.
2. Learn about your money and attachment style with this short Attachment Style Quiz.
3. Buy the Double Award Winning Book:

“I had a light bulb come off: why aren't we talking about people's financial strengths and balancing that and not just looking at what they're not good at?”

What if your relationship with money was as significant as any personal relationship in your life? This episode promises to unravel the mysteries of financial intimacy as our host Ed Coambs chats with Ellen Rogin. As a New York Times best-selling author and a former financial advisor, Ellen uncovers how recognizing and nurturing our financial strengths can lead to healthier money management. Together, Ed and Ellen explore the often-overlooked emotional aspects of finances, emphasizing how past experiences and societal influences shape our financial behaviors and beliefs. Ellen shares her unique insights on integrating emotional and psychological perspectives into financial planning, creating a holistic approach emphasizing communication and connection with partners.

Imagine treating money as a dear friend rather than a neglected partner. This episode highlights the metaphorical relationships we have with money, likening it to our personal relationships. Ellen shares an extraordinary experience from a workshop where she discovered her ability to deliver intuitive messages related to money, transforming how participants understand their financial states. They delve into the intriguing dynamics of money mindsets, discussing attachment styles and how they affect financial decision-making. By achieving a relaxed state, individuals can foster better financial relationships, making informed decisions that are in tune with their emotional needs.

This episode is a heartfelt invitation to nurture your relationship with money, embracing love, abundance, and deeper financial intimacy.

Key Topics:

• Financial Strengths and Balancing Skills (00:00)
• The Impact of Family History on Financial Decisions (03:55)
• The Role of Intuition on Financial Decisions (06:26)
• The Four-Square Framework for Understanding People and Money (16:02)
• Communication in Financial Decisions (16:31)
• The Role of Financial Advisors and Self-Advocacy (28:05)
• The Journey to Financial Intimacy (28:22)
• The Practical Benefits of Understanding Financial Personalities (36:39)
• The Role of Intuitive Money Readings (36:53)

Resources:

• Messages From Money (book)
• MessagesFromMoney.com

Connect With Healthy Love and Money:

1. Schedule your free 30-minute Discovery Call About Therapy-Informed Financial Planning™.
2. Learn about your money and attachment style with this short Attachment Style Quiz.
3. Buy the Double Award Winning Book:

"Empathy not just opens the door to understanding money behaviors but also transforms financial shame into a powerful tool for healthier decision-making."

Can empathy be the missing link in transforming your relationship with money? Our host Ed Coambs jumps into part two of this conversation with Jillian Knight as she shares her insights on deconstructing your money story to forge a stronger relationship with your spouse!

She’s going beyond traditional financial advice–espoused by the likes of Dave Ramsey–towards a nuanced understanding that marries emotional intelligence with money management. Jillian explains how empathy can dismantle financial shame, paving the way for greater openness and healthier financial choices between spouses.

They also take a closer look at how our personal history shapes our financial decisions. Jillian guides us through the process of crafting a money story and timeline–a powerful tool for individuals and couples to decode their financial behaviors. By visualizing systemic influences on personal financial beliefs, we shift the narrative from self-blame to understanding the broader societal structures at play. It’s an exercise that illustrates how our financial challenges are often rooted in experiences beyond our control.

Finally, Ed and Jillian explore the realm of financial intimacy within relationships, addressing power dynamics and the influences of past experiences. They discuss the importance of creating a safe space for vulnerability, where partners can openly share their financial journeys!

Key Topics:

• Reflections on the Financial Therapy Association Conference (01:50)
• Why Empathy and Curiosity Are Key to Helping Clients Navigate Their Relationship with Money (04:57)
• Exercises to Help Clients Explore Their Relationship with Money (13:26)
• Giving Couples a Safe Space to Share Their Money Story (22:03)
• The Physiology and Psychology of Safety (32:27)
• How Lack in Your Personal Money Story Impacts Family Dynamics (39:34)
• Regulating Your Nervous System (42:06)

Resources:

• Her Financial Therapy

Connect With Healthy Love and Money:

1. Schedule your free 30-minute Discovery Call About Therapy-Informed Financial Planning™.
2. Learn about your money and attachment style with this short Attachment Style Quiz.
3. Buy the Double Award Winning Book: The Healthy Love and Money Way.
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