Monument Resource Center
Our clients hire us because they recognize the value of our Team’s unique, straight-forward, unfiltered opinion and our tailored advice designed to answer their questions, not everyone else’s. Below, you’ll find some of the most important questions we have been asked over the years to help you better understand the role we play and the advice we give.
Whether you realize it or not, your views on money are rooted in your early life experiences. Those views impact your financial decisions and your emotional and financial well-being. So, it’s important to become aware of the money lessons that shaped you, define what financial well-being means to you, and prioritize funding contentment. Tune in to learn how!
In this episode of Off The Wall, hosts David Armstrong and Jessica Gibbs welcome Dr. Joy Lere, Licensed Clinical Psychologist, Behavioral Finance Consultant, and Co-Founder at Shaping Wealth, to talk about boosting your emotional and financial well-being.
Listen in to learn the power of self-awareness in making informed, empowered financial decisions, how your survival instincts can impact your financial decisions, tips and advice on choosing a trustworthy financial advisor, and more.
“If there’s something you’re avoiding, [question] why that is… For some people, when it comes to managing their money, this is a very emotionally fraught thing. So, it can be anxiety-provoking.” – Joy Lere
Let us help you decrease your anxiety around money and stick to a realistic wealth plan.
Episode Timeline/Key Highlights
[00:50] Introducing Joy Lere & The topic of today’s episode.
[02:22] How our understanding of money early in life impacts our adulthood.
[06:38] At what age do kids start understanding conversations about money?
[08:40] Families develop unspoken rules about finances. How do these shape your financial behaviors?
[10:39] Why is creating and sticking to a wealth plan so hard for me? & How to overcome the lack of motivation and drive to start a wealth plan.
[14:19] A skilled financial advisor understands the psychology of money.
[15:25] The importance of sticking to your values and defining financial well-being for yourself.
[20:09] How to focus on your present financial well-being AND your future wealth, even after financial trauma or feelings of scarcity.
[24:20] How to choose a trustworthy financial advisor.
[31:50] When to listen to (or ignore) your survival instincts when making financial decisions.
[34:01] How to test whether or not your financial advisor has good intentions.
Relevant Resources & Episodes Mentioned
Learn about Shaping Wealth: https://bit.ly/shapingwealth-pod
About Joy Lere
Joy Lere, Psy.D. is a licensed clinical psychologist and behavioral finance consultant with a practice in Napa, California. She previously served as an Associate Clinical Professor of Clinical Psychology at George Washington University and held clinical and research positions at Children’s National Medical Center, the Penn Medicine Princeton Health, and the Department of Defense. Joy is the Founder of Shaping Wealth, a learning platform that’s transforming the human experience of money through original content on money, minds, and markets.
Connect with Joy
Visit Joy’s website: https://bit.ly/JoyLerePE
Follow her on Instagram: https://bit.ly/JoyLereIG-PE
Follow her on Twitter: https://bit.ly/JoyLereTW-PE
Connect with her on LinkedIn: https://bit.ly/JoyLereLI-PE
Subscribe to her blog, Finding Joy: https://bit.ly/JoyLereBlog-PE
Connect with Monument Wealth Management
Visit our website: https://bit.ly/monumentwealthwebsite
Follow us on Instagram: https://bit.ly/MonumentWealthIG
Follow us on Twitter: https://bit.ly/MonumentWealthTW
Connect with us on LinkedIn: https://bit.ly/MonumentWealthLI
Connect with us on Facebook: https://bit.ly/MonumentWealthFB
Subscribe to our blog: https://bit.ly/MonumentWealthBlog
About “Off the Wall”
Off the Wall is a podcast aimed at helping you answer the questions: What is the point of my wealth, and what actions can I take to accomplish that purpose? Your answers to those questions will be different from everyone else’s. As Wealth Managers, we’re skilled at helping our clients think through these challenging, but important, questions.
Learn more about our hosts, Dave and Jessica on our website at https://monumentwealthmanagement.com.
Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures.