Episode 31: What's Your Financial Identity? Finding Your Financial Self

Episode 31: What's Your Financial Identity? Finding Your Financial SelfOur Guest for this Episode:Tom Shepard Tom Shepard, Author of “Money isn’t Everything – Everything is Money” and a Certified Financial Planner and Investment Advisor, has been helping people understand their relationship with money for 30 years. Using a personal assessment tool called Find Your Financial NatureTM Tom will help you discover your genetic predisposition to money! This is the language your mind and body go to when thinking about trading Time, Energy, and Money to create the Relationship with life you dream of. You can take the assessment at https://www.Currencycamp.com and click on Find Your Financial Nature and take the assessment. Who am I? may be the most important question we ever ask ourselves and the most important information we share with the people in our lives Visit Tom Shephard's WebsiteTom's Website SummaryIn this episode of the Better Than Bitter podcast, host Tania Leichliter speaks with financial expert Tom Shepard about the concept of financial identity and how it impacts relationships, particularly during divorce. They explore the idea of financial nature, which refers to the innate predispositions individuals have towards money management and financial decision-making. Tom introduces a system that categorizes people into seven financial natures, helping listeners understand their own financial behaviors and how to navigate financial discussions with partners and co-parents. The conversation emphasizes the importance of recognizing these differences to foster healthier relationships and amicable resolutions during and after divorce.TakeawaysUnderstanding your financial identity is crucial for healthy relationships.Financial nature can be innate or learned, impacting how we manage money.There are seven financial natures: spender, saver, investor, lever, giver, and earner.Recognizing financial differences can help prevent conflicts in relationships.Investing in emotional processing can save money in legal fees during divorce.Communication about financial values is essential for co-parenting success.Using assessments can help individuals understand their financial behaviors better.Financial discussions should be approached with empathy and openness.Understanding motivations behind financial decisions can improve relationship dynamics.It takes a community to support individuals in their financial journeys.TitlesDiscovering Your Financial IdentityThe Role of Financial Nature in RelationshipsSound Bites"What's your financial identity?""Divorce doesn't have to be bitter.""It's about how we value money."Chapters00:00 Understanding Financial Identity03:45 The Genetic Nature of Money06:14 Exploring Financial Patterns10:01 The Seven Financial Natures13:23 Leveraging Money for Better Relationships15:54 Investing in Emotional Health During Divorce18:43 The Importance of Understanding Financial Differences24:44 Cultural Perspectives on Money26:38 Case Study: Navigating Financial Disagreements31:00 Understanding Motivations in Relationships33:53 Navigating Differences in Relationship Dynamics37:38 The Importance of Intent in Financial Decisions41:42 Pursuing Happiness Through Different Lenses45:17 The Role of Open-Mindedness in Relationships52:22 Key Takeaways for Building Healthy Relationships57:54 Introduction to Amicable Divorce59:23 Resources for Support and GrowthKeywordsfinancial identity, financial nature, divorce, money management, financial relationships, co-parenting, financial assessment, financial planning, emotional divorce, amicable divorceOn our website you'll find details and additional information on our 5-Step Gameplan multimedia course, our different types of coaching methods, monthly memberships, events and retreats, and a whole lot more. Plus, we've got a ton of free resources, like our monthly newsletter, our private Facebook group, our Instagram channel, and a library of articles and free webinars to help you along the way. When you go to our website, you'll be able to schedule a free 45-minute breakthrough call. Remember, we're here to help you reach an amicable resolution. Find your courage and believe in your brighter future because you know what? It is possible.At Better Than Bitter™, we measure success by what we give and not by what we get. So, let's change the divorce dialogue together. It's time to be better than bitter.Do you want to know if We Can Help You? Book A Free 1:1 Breakthrough Call Now! Click HereIf you want to connect with a Divorce Concierge, contact Vesta Divorce Concierge here!