Join Grace Bithell as she sits down with Cody Fackrell, a licensed clinical social worker and financial coach, to explore the intricate relationship between shame and money. Discover how emotional spending, budgeting, and financial therapy can transform your financial mindset. Cody delves into the signs of money shame and how it affects financial decisions, emphasizing that shame often leads to avoidance behaviors, such as not checking bank accounts or discussing finances with partners.
The conversation highlights how emotions drive financial decisions, leading to patterns of emotional splurging. Cody shares insights on how to break free from these cycles by confronting and understanding the underlying emotions. He discusses the importance of both external and internal financial management. While budgeting and financial planning are crucial, addressing internal beliefs and emotions is key to achieving financial peace.
Cody shares his experience on the Dave Ramsey show and discusses the impact of popular financial advice. He stresses that while external advice is valuable, it must be complemented by internal financial management. For those struggling with money shame, Cody offers practical advice, including getting curious about the shame, understanding spending patterns, and aligning financial decisions with personal values.
Grace shares her own experiences with money and emotions, highlighting the common struggle of feeling shame for spending on things that bring joy. Cody emphasizes that money is meant to be spent and encourages intentional spending aligned with values. Listeners interested in exploring financial therapy with Cody can connect with him on LinkedIn, with a link provided in the show notes.
Grace wraps up the episode by encouraging listeners to confront their money shame and embrace a healthier relationship with finances. She invites everyone to like, comment, and subscribe for more insightful discussions.
If you'd like to reach out to Cody and talk more then he can be found on linkedin at https://www.linkedin.com/in/codyfackrell/
