Ep 1: Set point theory
An episode of the The Financial Purpose Podcast podcast, hosted by Dale Shafer II, CFP®, titled "Ep 1: Set point theory" was published on November 5, 2022 and runs 17 minutes.
November 5, 2022 ·17m · The Financial Purpose Podcast
Episode Description
Have you ever heard of set point theory? At it relates to health, set point theory essentially states that your body has a normal set range for weight. Ever go on a cycle of diet and exercise, lose weight, only to see it return?
Financial considerations are like bodies - everyone is different, and what works for some may not work the same for others. This is part of the work of financial planning - understanding how changes in your financial habits impact your financial health, and how you mentally and emotionally adjust to those changes.
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