735: The Money Nerve: Conquer Money Shame and Make Better Financial Decisions with Bob Wheeler
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Robert Wheeler, Financial Expert & Motivator, Book Author, is the founder of The Money Nerve. Bob helps listeners conquer their money shame and avoid making poor financial decisions by teaching how emotions can dictate our choices.
As a man of true integrity with infectious energy, Bob’s crusade for personal growth has cross-pollinated with his accounting practice to create a new approach to personal finances. His passion is to help others gain insights about how their emotions trigger financial decisions. Combining finances with behaviors, Bob explores his personal concept of creating a healthy relationship with money in his recent book, The Money Nerve.
Quotes
“People fear success, or people fear making the wrong choice, and then they either hoard their money or spend it lavishly so they don't feel guilty that they have it.” - Bob Wheeler
“There's no shame in not knowing how to do things, learning how to ask for help, and finding people that can advocate for you.” - Bob Wheeler
“Be willing to be uncomfortable, be willing not to know, and be willing to ask stupid questions. Just take the risk, jump into the arena, and have fun.” - Bob Wheeler
Takeaways
01:32 Recognizing the emotional connection to money and addressing past experiences can help break the cycle of financial self-sabotage.
03:13 Setting boundaries and advocating for oneself is crucial in developing a healthy relationship with money.
11:44 Finding a financial advisor who is passionate and supportive can make the process of money management more enjoyable and effective.
13:09 Pursuing personal hobbies and activities can positively impact one's financial success by fostering self-responsibility and risk-taking.
22:22 Seeking financial education and resources can provide the tools and support needed to make informed financial decisions.
Resources
- The Money Nerve: Be the one who changes the financial story for your family
- Connect with Bob Wheeler on LinkedIn
- Get a copy of The Money Nerve: Navigating the Emotions of Money by Bob Wheeler
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Filed in: Archive 3: 2018-2020 • Interview • Podcast