Cara Macksoud on the Psychology of Money: How to Transform Your Financial Habits for Lasting Wealth | Modern Investing Podcast

Message the HostIn this episode, we sit down with Cara Macksoud, FBS®, CEO of Money Habitudes, to explore how your relationship with money shapes your financial outcomes—and what to do if it’s holding you back.Cara shares:How her experience as a Wall Street ETF trader and nonprofit CFO led her to the psychology of moneyThe hidden beliefs and behaviors that affect your ability to build wealthWhy understanding your financial “habitudes” is key to better decisionsHow she helps individuals and professionals reprogram money mindsetsTools to improve financial wellbeing through awareness, not just strategy“People don’t fail at money because of math—they fail because of emotion, identity, and fear.”Whether you're managing wealth, advising clients, or navigating your own financial healing, Cara offers practical, compassionate insights into how to align your habits with your goals—so money can work with you, not against you.About Cara Macksoud, FBS®Cara Macksoud is the CEO of Money Habitudes, a Financial Behavior Specialist®, and one of the youngest women to earn a trading seat on the NYSE. Her career spans over a decade in ETF trading, leadership roles in the nonprofit sector, and a deep commitment to financial psychology and education.She holds a BS in Finance from NYU Stern, completed a graduate certificate in Financial Therapy from Kansas State University, and is an active member of the Financial Therapy Association and AFCPE. Cara now empowers individuals and advisors to understand the emotional side of money—helping people shift not just what they do with money, but how they relate to it.She lives in Florida with her husband and five kids, where they enjoy warm weather and shark tooth hunts.Click Here to Check Out Our Upcoming Online Investing EventsAbout Sidepocket:If you don't have the time to professionally trade and are tired of being at the whim of the market's ups and downs, consider using Sidepocket to automate investing.Sidepocket monitors the markets 24/7 and automatically rebalances your holdings each month. To maximize returns while protecting against loss. That's why Sidepocket applies sophisticated quantitative methods, including tactical asset allocation to systematically minimize these drawdowns and consistently protect and grow your hard earned savings.To learn more, visit www.sidepocket.com