Each of us has a unique set of experiences and memories about the impact of money in our lives. These shape our behaviors, beliefs, and actions – sometimes without us even realizing it. In this article, Meghaan Lurtz, Ph.D., FBS writes that “talking about and contemplating the impact of money memories can help people to understand and deal with the change inhibitors that keep us from moving forward,” and shares methods that will allow advisors to explore these memories in healthy, constructive ways.
… encouraging clients to understand the attitudes and emotions that serve as change inhibitors will help advisors be better guides as they help clients tackle their most challenging obstacles, which, at the same time, can also deepen and re-energize ongoing client relationships!