What Financial Lessons Can Be Gained from Learning a New Skill?

In the inaugural episode of “The Financial States of America,” Christian Mitchell and Bryan Falchuk explore the process of building good financial habits and discuss the parallels to learning a new skill – whether it’s playing the guitar or running a marathon. In most situations, getting started is the hardest part. Kristy Archuleta, professor in the Financial Planning program at the University of Georgia and author of “Financial Therapy: Theory, Research, and Practice”, joins the conversation to explain the important role psychology plays in financial behavior and overcoming hurdles. It's never too late to make progress on the things we care about, and this episode offers tips on developing an action plan. Useful resources: Journal of Financial Therapy   Financial Therapy Association “Mind over Money: Overcoming the Money Disorders That Threaten Our Financial Health,” by Brad Klontz and Ted Klontz “Money Mammoth: Harness The Power of Financial Psychology to Evolve Your Money Mindset, Avoid Extinction, and Crush Your Financial Goals” by Brad Klontz, Edward Horwitz and Ted Klontz Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.  You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.