In this episode of the Inspired Money Live Stream Podcast, we discuss how mindfulness can transform the way you approach wealth and financial well-being. Our expert panel includes sustainable investing advocate Marco Vangelisti, financial therapist Amanda Clayman, wealth and wellness coach Leah Davis, and Leisa Peterson, author of The Mindful Millionaire. They share practical insights on how mindful practices can reduce financial stress, improve decision-making, and align finances with personal values. What is Mindful Wealth? Mindful wealth focuses on aligning financial decisions with personal values. This episode explores strategies like sustainable investing, mindful spending, and reducing money-related stress. The panel discusses how these practices can boost both financial health and overall well-being. They cover the role of gratitude, generosity, and ethical investing in building a successful financial life. 🕒 Episode Insights <ul> <li style="text-align: left;">Mindful Financial Planning: Amanda Clayman explains how mindfulness in budgeting and spending can lower financial anxiety. This approach helps people make thoughtful choices and reduce stress.</li> <li style="text-align: left;">Aligning Investments with Values: Marco Vangelisti emphasizes the benefits of sustainable investing. He shares tips for choosing investments that reflect your values and support positive change.</li> <li style="text-align: left;">Financial Empowerment through Mindfulness: Leah Davis focuses on how mindfulness can help women, especially women of color, gain control over their finances. She highlights the importance of financial literacy and self-awareness.</li> <li style="text-align: left;">Integrating Gratitude and Generosity: Leisa Peterson explains how gratitude can improve financial well-being. She encourages adopting generous habits, which can bring a sense of fulfillment and reduce anxiety.</li> <li style="text-align: left;">Building Financial Autonomy: The panel provides strategies for managing debt, building income streams, and avoiding comparisons to others. They discuss the importance of making financial decisions based on personal goals, not external pressures.</li> </ul> Tips for Mindful Budgeting and Spending Amanda Clayman discusses how to practice mindful budgeting by staying aware of emotional triggers and setting realistic goals. By focusing on intentional spending, people can make choices that support their financial and personal well-being. The panel also shares tips for managing debt mindfully and increasing awareness of spending patterns. Ethical and ESG Investing Marco Vangelisti promotes ESG (Environmental, Social, and Governance) investing as a way to earn returns while making a positive impact. He provides guidance on how to integrate ESG factors into investment choices. Leah Davis also explains how beginners can start with sustainable investing that matches their values. Managing Financial Anxiety Amanda Clayman shares techniques for reducing financial stress, including the importance of self-compassion. Marco Vangelisti adds that focusing on long-term goals can help reduce the pressure to make quick financial decisions, leading to a healthier relationship with money. The Role of Gratitude and Generosity in Financial Wellness Leisa Peterson highlights how gratitude can positively impact financial habits. Leah Davis explains that generosity can create a sense of abundance and help reduce financial worries. Together, these practices can improve your overall financial well-being and bring a deeper sense of satisfaction. Meet Our Guest Panelists Marco Vangelisti: A pioneer of Positive and Restorative Investing™, Marco has over two decades of experience in finance, focusing on ethical investing and financial literacy. He is a founding member of Slow Money and an advocate for aligning investments with social responsibility. <a href="https://ek4t.com" target="_new" rel="noopener">Visit Marco's Website</a>   Amanda Clayman: A respected financial therapist, Amanda helps individuals navigate the intersection of emotions and money. Her work includes hosting the Audible Original podcast “Emotional Investment” and creating financial wellness courses for LinkedIn Learning. <a href= "https://amandaclayman.com" target="_new" rel="noopener">Visit Amanda's Website</a>   Leah Davis: As a Wealth and Wellness Coach, Leah empowers women, especially women of color, to achieve financial stability through mindfulness and financial education. She combines holistic coaching methods to promote financial independence. <a href="https://leahcoaching.com" target="_new" rel="noopener">Visit Leah's Website</a>   Leisa Peterson: Author of The Mindful Millionaire, Leisa is a financial coach who helps individuals connect self-worth with financial success, encouraging mindful approaches to building wealth. <a href="https://www.wealthclinic.com" target="_new" rel= "noopener">Visit Leisa's Website</a>

<description>&lt;p&gt;In this episode of the Inspired Money Live Stream Podcast, we discuss how mindfulness can transform the way you approach wealth and financial well-being. Our expert panel includes sustainable investing advocate Marco Vangelisti, financial therapist Amanda Clayman, wealth and wellness coach Leah Davis, and Leisa Peterson, author of &lt;em&gt;The Mindful Millionaire&lt;/em&gt;. They share practical insights on how mindful practices can reduce financial stress, improve decision-making, and align finances with personal values.&lt;/p&gt; &lt;div style="text-align: center;"&gt; &lt;div&gt; &lt;h3 style="text-align: left;"&gt;What is Mindful Wealth?&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Mindful wealth focuses on aligning financial decisions with personal values. This episode explores strategies like sustainable investing, mindful spending, and reducing money-related stress. The panel discusses how these practices can boost both financial health and overall well-being. They cover the role of gratitude, generosity, and ethical investing in building a successful financial life.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;🕒 Episode Insights&lt;/h3&gt; &lt;ul&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Mindful Financial Planning&lt;/strong&gt;: Amanda Clayman explains how mindfulness in budgeting and spending can lower financial anxiety. This approach helps people make thoughtful choices and reduce stress.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Aligning Investments with Values&lt;/strong&gt;: Marco Vangelisti emphasizes the benefits of sustainable investing. He shares tips for choosing investments that reflect your values and support positive change.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Financial Empowerment through Mindfulness&lt;/strong&gt;: Leah Davis focuses on how mindfulness can help women, especially women of color, gain control over their finances. She highlights the importance of financial literacy and self-awareness.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Integrating Gratitude and Generosity&lt;/strong&gt;: Leisa Peterson explains how gratitude can improve financial well-being. She encourages adopting generous habits, which can bring a sense of fulfillment and reduce anxiety.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Building Financial Autonomy&lt;/strong&gt;: The panel provides strategies for managing debt, building income streams, and avoiding comparisons to others. They discuss the importance of making financial decisions based on personal goals, not external pressures.&lt;/li&gt; &lt;/ul&gt; &lt;h3 style="text-align: left;"&gt;Tips for Mindful Budgeting and Spending&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Amanda Clayman discusses how to practice mindful budgeting by staying aware of emotional triggers and setting realistic goals. By focusing on intentional spending, people can make choices that support their financial and personal well-being. The panel also shares tips for managing debt mindfully and increasing awareness of spending patterns.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;Ethical and ESG Investing&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Marco Vangelisti promotes ESG (Environmental, Social, and Governance) investing as a way to earn returns while making a positive impact. He provides guidance on how to integrate ESG factors into investment choices. Leah Davis also explains how beginners can start with sustainable investing that matches their values.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;Managing Financial Anxiety&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Amanda Clayman shares techniques for reducing financial stress, including the importance of self-compassion. Marco Vangelisti adds that focusing on long-term goals can help reduce the pressure to make quick financial decisions, leading to a healthier relationship with money.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;The Role of Gratitude and Generosity in Financial Wellness&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Leisa Peterson highlights how gratitude can positively impact financial habits. Leah Davis explains that generosity can create a sense of abundance and help reduce financial worries. Together, these practices can improve your overall financial well-being and bring a deeper sense of satisfaction.&lt;/p&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;hr /&gt; &lt;h3&gt;Meet Our Guest Panelists&lt;/h3&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Marco Vangelisti&lt;/strong&gt;: A pioneer of Positive and Restorative Investing™, Marco has over two decades of experience in finance, focusing on ethical investing and financial literacy. He is a founding member of Slow Money and an advocate for aligning investments with social responsibility. &lt;a href="https://ek4t.com" target="_new" rel="noopener"&gt;Visit Marco's Website&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Amanda Clayman&lt;/strong&gt;: A respected financial therapist, Amanda helps individuals navigate the intersection of emotions and money. Her work includes hosting the Audible Original podcast “Emotional Investment” and creating financial wellness courses for LinkedIn Learning. &lt;a href= "https://amandaclayman.com" target="_new" rel="noopener"&gt;Visit Amanda's Website&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Leah Davis&lt;/strong&gt;: As a Wealth and Wellness Coach, Leah empowers women, especially women of color, to achieve financial stability through mindfulness and financial education. She combines holistic coaching methods to promote financial independence. &lt;a href="https://leahcoaching.com" target="_new" rel="noopener"&gt;Visit Leah's Website&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Leisa Peterson&lt;/strong&gt;: Author of &lt;em&gt;The Mindful Millionaire&lt;/em&gt;, Leisa is a financial coach who helps individuals connect self-worth with financial success, encouraging mindful approaches to building wealth. &lt;a href="https://www.wealthclinic.com" target="_new" rel= "noopener"&gt;Visit Leisa's Website&lt;/a&gt;&lt;/div&gt; &lt;div&gt; &lt;hr /&gt;&lt;/div&gt; &lt;/div&gt;</description>

In this episode of the Inspired Money Live Stream Podcast, we discuss how mindfulness can transform the way you approach wealth and financial well-being. Our expert panel includes sustainable investing advocate Marco Vangelisti, financial therapist...

Mindful Wealth: Cultivating a Balanced Approach to Financial Success

In this episode of the Inspired Money Live Stream Podcast, we discuss the future of retirement. Our panelists, Gary Brode, Catherine Collinson, and Marci Alboher, explore how retirement is changing and what it means for financial security, health, and fulfillment. Producer's Note: Aubrey de Grey and Dan Ariely were originally scheduled to appear on this episode but could not make it due to technical difficulties. We will try to book them again in the future. Understanding the Shifts in Retirement Planning Retirement is not just about financial security anymore. It’s also about health, purpose, and fulfillment. In this episode, we discuss how longer life expectancies, new technology, and shifting career paths are changing retirement. Our panelists offer strategies for adapting to these changes. 🕒 Episode Insights <ul> <li style="text-align: left;">Longer Lifespans: Catherine discusses how living longer affects retirement planning and why it’s important to plan early.</li> <li style="text-align: left;">Career Transitions: Marci shares insights on reinventing careers in later life and the benefits of intergenerational work.</li> <li style="text-align: left;">Healthcare Costs: Gary explains how to plan for rising healthcare costs and why personal savings are essential.</li> <li style="text-align: left;">Investment Strategies: We look at how to adjust investments for a retirement that may last 30 years or more.</li> <li style="text-align: left;">Social Aspects of Retirement: Marci talks about the psychological impact of retirement and how to stay connected.</li> <li style="text-align: left;">Intergenerational Learning: Catherine explores the value of financial literacy across generations.</li> <li style="text-align: left;">Lifelong Learning: The panel discusses new opportunities for learning and retraining at any age.</li> </ul> Financial Strategies for a Secure Retirement The episode explores diverse approaches to retirement planning, from traditional investment vehicles to newer options that account for a longer retirement horizon. Gary Brode shares insights on how to prepare for financial stability, discussing the importance of balancing risk and return, as well as the role of contingency planning in addressing unforeseen expenses. Navigating Healthcare and Long-Term Care Costs Healthcare is a critical component of retirement planning, as the rising costs of healthcare services and long-term care affect nearly all retirees. The panel discusses strategies for managing these costs, with Catherine Collinson offering insights into insurance options and savings strategies to ensure that healthcare needs don’t derail retirement plans. Embracing Lifelong Learning and Career Flexibility The concept of “slash careers”—where retirees balance multiple pursuits, such as consulting, mentoring, or pursuing hobbies—was a focal point of the conversation. Marci Alboher explains how retirees are redefining this phase of life by taking on new challenges, engaging in part-time work, and even starting businesses. This approach not only provides a sense of purpose but also offers financial benefits and social connections. The Social and Psychological Aspects of Retirement A fulfilling retirement requires attention to emotional well-being. This episode addresses the psychological shift from a career-focused life to retirement, highlighting the importance of staying socially engaged, exploring new interests, and finding ways to give back to the community. Meet Our Guest Panelists Gary Brode Gary Brode, Managing Partner at Deep Knowledge Investing, provides market insights and strategies for building a stable retirement. His career includes roles in M&A and portfolio management. <a href= "https://deepknowledgeinvesting.com">https://deepknowledgeinvesting.com</a>   Catherine Collinson As CEO and President of the Transamerica Institute, Catherine Collinson has nearly three decades of expertise in retirement trends and financial security. She leads research to improve retirement outcomes for diverse populations. <a href= "https://transamericainstitute.org">https://transamericainstitute.org</a>   Marci Alboher Marci Alboher, Vice President at CoGenerate, is a leading expert on career transitions and intergenerational collaboration. She is the author of The Encore Career Handbook and offers insights into adapting to retirement’s evolving dynamics. <a href="https://cogenerate.org" target="_new" rel= "noopener">https://cogenerate.org</a>

<description>&lt;p&gt;In this episode of the Inspired Money Live Stream Podcast, we discuss the future of retirement. Our panelists, Gary Brode, Catherine Collinson, and Marci Alboher, explore how retirement is changing and what it means for financial security, health, and fulfillment.&lt;/p&gt; &lt;p&gt;Producer's Note: Aubrey de Grey and Dan Ariely were originally scheduled to appear on this episode but could not make it due to technical difficulties. We will try to book them again in the future.&lt;/p&gt; &lt;div style="text-align: center;"&gt; &lt;div&gt; &lt;h3 style="text-align: left;"&gt;Understanding the Shifts in Retirement Planning&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Retirement is not just about financial security anymore. It’s also about health, purpose, and fulfillment. In this episode, we discuss how longer life expectancies, new technology, and shifting career paths are changing retirement. Our panelists offer strategies for adapting to these changes.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;🕒 Episode Insights&lt;/h3&gt; &lt;ul&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Longer Lifespans&lt;/strong&gt;: Catherine discusses how living longer affects retirement planning and why it’s important to plan early.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Career Transitions&lt;/strong&gt;: Marci shares insights on reinventing careers in later life and the benefits of intergenerational work.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Healthcare Costs&lt;/strong&gt;: Gary explains how to plan for rising healthcare costs and why personal savings are essential.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Investment Strategies&lt;/strong&gt;: We look at how to adjust investments for a retirement that may last 30 years or more.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Social Aspects of Retirement&lt;/strong&gt;: Marci talks about the psychological impact of retirement and how to stay connected.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Intergenerational Learning&lt;/strong&gt;: Catherine explores the value of financial literacy across generations.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Lifelong Learning&lt;/strong&gt;: The panel discusses new opportunities for learning and retraining at any age.&lt;/li&gt; &lt;/ul&gt; &lt;h3 style="text-align: left;"&gt;Financial Strategies for a Secure Retirement&lt;/h3&gt; &lt;p style="text-align: left;"&gt;The episode explores diverse approaches to retirement planning, from traditional investment vehicles to newer options that account for a longer retirement horizon. Gary Brode shares insights on how to prepare for financial stability, discussing the importance of balancing risk and return, as well as the role of contingency planning in addressing unforeseen expenses.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;Navigating Healthcare and Long-Term Care Costs&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Healthcare is a critical component of retirement planning, as the rising costs of healthcare services and long-term care affect nearly all retirees. The panel discusses strategies for managing these costs, with Catherine Collinson offering insights into insurance options and savings strategies to ensure that healthcare needs don’t derail retirement plans.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;Embracing Lifelong Learning and Career Flexibility&lt;/h3&gt; &lt;p style="text-align: left;"&gt;The concept of “slash careers”—where retirees balance multiple pursuits, such as consulting, mentoring, or pursuing hobbies—was a focal point of the conversation. Marci Alboher explains how retirees are redefining this phase of life by taking on new challenges, engaging in part-time work, and even starting businesses. This approach not only provides a sense of purpose but also offers financial benefits and social connections.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;The Social and Psychological Aspects of Retirement&lt;/h3&gt; &lt;p style="text-align: left;"&gt;A fulfilling retirement requires attention to emotional well-being. This episode addresses the psychological shift from a career-focused life to retirement, highlighting the importance of staying socially engaged, exploring new interests, and finding ways to give back to the community.&lt;/p&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;hr /&gt; &lt;h3&gt;Meet Our Guest Panelists&lt;/h3&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Gary Brode&lt;/strong&gt; Gary Brode, Managing Partner at Deep Knowledge Investing, provides market insights and strategies for building a stable retirement. His career includes roles in M&amp;A and portfolio management.&lt;br /&gt; &lt;a href= "https://deepknowledgeinvesting.com"&gt;https://deepknowledgeinvesting.com&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Catherine Collinson&lt;/strong&gt; As CEO and President of the Transamerica Institute, Catherine Collinson has nearly three decades of expertise in retirement trends and financial security. She leads research to improve retirement outcomes for diverse populations.&lt;br /&gt; &lt;a href= "https://transamericainstitute.org"&gt;https://transamericainstitute.org&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Marci Alboher&lt;/strong&gt; Marci Alboher, Vice President at CoGenerate, is a leading expert on career transitions and intergenerational collaboration. She is the author of &lt;em&gt;The Encore Career Handbook&lt;/em&gt; and offers insights into adapting to retirement’s evolving dynamics.&lt;br /&gt; &lt;a href="https://cogenerate.org" target="_new" rel= "noopener"&gt;https://cogenerate.org&lt;/a&gt;&lt;/div&gt; &lt;div&gt; &lt;hr /&gt;&lt;/div&gt; &lt;/div&gt;</description>

In this episode of the Inspired Money Live Stream Podcast, we discuss the future of retirement. Our panelists, Gary Brode, Catherine Collinson, and Marci Alboher, explore how retirement is changing and what it means for financial security, health, and...

The Future of Retirement: Navigating Changing Trends and New Possibilities

In this episode of the Inspired Money Live Stream Podcast, we dive into alternative investments, focusing on luxury watches, rare wines, and classic cars. Our panel of experts, including Dan Spitz, master watchmaker and former Anthrax guitarist, Jasem Al Zeraei, a Patek Philippe enthusiast, Nick Baldelli-Boni, founder of "Cars in Tuscany," and Brian Freedman, a wine and spirits writer. The panel shares their invaluable insights on how these passion-driven assets can diversify portfolios and offer financial rewards. Understanding the Allure of Passion Investing Alternative investments such as high-end watches, rare wines, and classic cars are gaining popularity. For their potential to offer both personal satisfaction and portfolio diversification. Unlike traditional assets, these tangible investments carry a rich history and cultural significance, making them both emotionally and financially rewarding. This episode covers everything from market trends to valuation, maintenance, and the risks involved in building a portfolio with these collectibles. 🕒 Episode Insights <ul> <li style="text-align: left;">Luxury Watch Market Trends: Dan Spitz shares insights into the vintage watch boom and why iconic brands like Patek Philippe are seeing exponential growth.</li> <li style="text-align: left;">Wine as an Investment: Brian Freedman discusses the growing interest in fine wines, exploring how climate change is impacting the industry, and how collectors can mitigate risks.</li> <li style="text-align: left;">Classic Cars: Nick Baldelli-Boni delves into the intricacies of classic car investments, focusing on the rarity and long-term value of vintage Ferraris.</li> <li style="text-align: left;">Pandemic Effects on Watch Collecting: Jasem Al Zeraei examines shifts in watch investing since the pandemic, highlighting trends in accessibility and liquidity.</li> </ul> The Rise of Luxury Watches as Investment Assets Luxury watches, particularly from brands like Patek Philippe and Rolex, have shown consistent market growth, driven by scarcity and craftsmanship. Dan Spitz, a third-generation master watchmaker, brings his deep expertise into the discussion, touching on the intricacies of restoring vintage pieces and the importance of maintenance. Jasem Al Zeraei adds to the conversation by explaining how social media and global watch communities have influenced collectors’ decisions. For those interested in watches, it’s important to note that the market can be highly volatile. While top-tier watches are generally strong performers, lesser-known brands can provide surprising opportunities if buyers are knowledgeable about the product. Investing in Fine Wine: Trends and Tips The wine investment market has become increasingly sophisticated, with factors such as rarity, vintage, and provenance playing critical roles. Brian Freedman’s analysis of fine wine trends highlights the challenges posed by climate change and the evolving preferences of global consumers. The discussion also touches on the importance of proper wine storage and avoiding counterfeit bottles. Wine investors must consider professional ratings, provenance, and even the potential for long-term enjoyment. Diversifying your collection by investing in wines from emerging regions, such as South Africa, can offer untapped opportunities. Classic Cars: Icons of Value and Culture Classic cars remain a favorite among collectors, not just for their aesthetics and history but also for their financial potential. Nick Baldelli-Boni explains how rarity and proper maintenance can drastically increase a car’s value over time, with vintage Ferraris leading the charge. He stresses the importance of passion in making these investments, as the energy and enthusiasm behind the purchase often translate into more informed and careful buying decisions. Maintaining these vehicles is a key factor in preserving their value. Just like watches, proper care and servicing are essential for ensuring a vehicle’s long-term viability as an investment. Risks to Consider in Passion Investing While luxury watches, fine wines, and classic cars offer attractive opportunities, they come with their own set of risks. In the case of watches, Dan Spitz warns of counterfeit parts and fake movements, an issue that is becoming more prevalent with advancements in technology. For wine collectors, the risks of counterfeit bottles and improper storage can easily erode the value of a collection. Classic car collectors must contend with rising maintenance costs and potential restoration challenges that can impact long-term returns. Our panel emphasizes the importance of working with trusted experts, doing extensive due diligence, and considering the potential emotional satisfaction when making these investments. Diversification remains key; balancing passion with a clear-eyed investment strategy can help mitigate these risks. Building a Balanced Portfolio Balancing passion-driven investments with traditional assets is a strategy that allows for both personal enjoyment and financial growth. Whether you’re starting with watches, wines, or cars, it’s critical to stay informed about market dynamics and trends. This episode offers valuable insights from collectors who have not only turned their passions into investments but have also gained a deeper understanding of how these collectibles can provide long-term value. Meet Our Guest Panelists Dan Spitz is a third-generation Master Watchmaker and former lead guitarist of the legendary thrash metal band Anthrax. He boasts three Grammy nominations, over 30 million albums sold, and a prestigious background in haute horlogerie, having studied at the renowned WOSTEP in Switzerland and served as the head complications specialist for Chopard. <a href="https://danspitz.com">https://danspitz.com</a>   Jasem Al Zeraei, known as @Patekaholic on Instagram, is a prominent figure in the watch community, celebrated for his deep passion and expertise in Patek Philippe collecting, which earned him a place on the jury of the prestigious Grand Prix d'Horlogerie de Genève in 2019. <a href= "https://instagram.com/patekaholic">https://instagram.com/patekaholic</a>   Nick Baldelli-Boni is the founder of "Cars in Tuscany," a platform dedicated to showcasing classic and luxury cars against the scenic backdrop of Tuscany, blending his passion for automobiles with the rich cultural and visual appeal of the Italian countryside. <a href= "https://youtube.com/@carsintuscany">https://youtube.com/@carsintuscany</a>   Brian Freedman is a wine, spirits, travel, and food writer, and a consultant for corporate and private clients. A regular contributor to Food & Wine, Forbes, and Whisky Advocate, he also hosts tastings and events. His acclaimed book, Crushed: How A Changing Climate Is Altering the Way We Drink, was published in 2022 and released in paperback in 2023. <a href="https://briandfreedman.com" target="_blank" rel= "noopener">https://briandfreedman.com</a> Join the Conversation This blog post is brought to you by Runnymede Capital Management, in collaboration with <a href= "https://eaglesvision.co.za/" target="_blank" rel= "noopener">EaglesVision</a> and the <a href= "https://www.youtube.com/@InspiredMoney" target="_blank" rel= "noopener">Inspired Money live-stream podcast series</a>. Learn how to diversify your portfolio with passion-driven investments in watches, wine, and cars.

<description>&lt;p&gt;In this episode of the Inspired Money Live Stream Podcast, we dive into alternative investments, focusing on luxury watches, rare wines, and classic cars. Our panel of experts, including Dan Spitz, master watchmaker and former Anthrax guitarist, Jasem Al Zeraei, a Patek Philippe enthusiast, Nick Baldelli-Boni, founder of "Cars in Tuscany," and Brian Freedman, a wine and spirits writer. The panel shares their invaluable insights on how these passion-driven assets can diversify portfolios and offer financial rewards.&lt;/p&gt; &lt;div style="text-align: center;"&gt; &lt;div&gt; &lt;h3 style="text-align: left;"&gt;Understanding the Allure of Passion Investing&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Alternative investments such as high-end watches, rare wines, and classic cars are gaining popularity. For their potential to offer both personal satisfaction and portfolio diversification. Unlike traditional assets, these tangible investments carry a rich history and cultural significance, making them both emotionally and financially rewarding. This episode covers everything from market trends to valuation, maintenance, and the risks involved in building a portfolio with these collectibles.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;🕒 Episode Insights&lt;/h3&gt; &lt;ul&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Luxury Watch Market Trends&lt;/strong&gt;: Dan Spitz shares insights into the vintage watch boom and why iconic brands like Patek Philippe are seeing exponential growth.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Wine as an Investment&lt;/strong&gt;: Brian Freedman discusses the growing interest in fine wines, exploring how climate change is impacting the industry, and how collectors can mitigate risks.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Classic Cars&lt;/strong&gt;: Nick Baldelli-Boni delves into the intricacies of classic car investments, focusing on the rarity and long-term value of vintage Ferraris.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Pandemic Effects on Watch Collecting&lt;/strong&gt;: Jasem Al Zeraei examines shifts in watch investing since the pandemic, highlighting trends in accessibility and liquidity.&lt;/li&gt; &lt;/ul&gt; &lt;h3 style="text-align: left;"&gt;The Rise of Luxury Watches as Investment Assets&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Luxury watches, particularly from brands like Patek Philippe and Rolex, have shown consistent market growth, driven by scarcity and craftsmanship. Dan Spitz, a third-generation master watchmaker, brings his deep expertise into the discussion, touching on the intricacies of restoring vintage pieces and the importance of maintenance. Jasem Al Zeraei adds to the conversation by explaining how social media and global watch communities have influenced collectors’ decisions.&lt;/p&gt; &lt;p style="text-align: left;"&gt;For those interested in watches, it’s important to note that the market can be highly volatile. While top-tier watches are generally strong performers, lesser-known brands can provide surprising opportunities if buyers are knowledgeable about the product.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;Investing in Fine Wine: Trends and Tips&lt;/h3&gt; &lt;p style="text-align: left;"&gt;The wine investment market has become increasingly sophisticated, with factors such as rarity, vintage, and provenance playing critical roles. Brian Freedman’s analysis of fine wine trends highlights the challenges posed by climate change and the evolving preferences of global consumers. The discussion also touches on the importance of proper wine storage and avoiding counterfeit bottles.&lt;/p&gt; &lt;p style="text-align: left;"&gt;Wine investors must consider professional ratings, provenance, and even the potential for long-term enjoyment. Diversifying your collection by investing in wines from emerging regions, such as South Africa, can offer untapped opportunities.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;Classic Cars: Icons of Value and Culture&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Classic cars remain a favorite among collectors, not just for their aesthetics and history but also for their financial potential. Nick Baldelli-Boni explains how rarity and proper maintenance can drastically increase a car’s value over time, with vintage Ferraris leading the charge. He stresses the importance of passion in making these investments, as the energy and enthusiasm behind the purchase often translate into more informed and careful buying decisions.&lt;/p&gt; &lt;p style="text-align: left;"&gt;Maintaining these vehicles is a key factor in preserving their value. Just like watches, proper care and servicing are essential for ensuring a vehicle’s long-term viability as an investment.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;Risks to Consider in Passion Investing&lt;/h3&gt; &lt;p style="text-align: left;"&gt;While luxury watches, fine wines, and classic cars offer attractive opportunities, they come with their own set of risks. In the case of watches, Dan Spitz warns of counterfeit parts and fake movements, an issue that is becoming more prevalent with advancements in technology. For wine collectors, the risks of counterfeit bottles and improper storage can easily erode the value of a collection. Classic car collectors must contend with rising maintenance costs and potential restoration challenges that can impact long-term returns.&lt;/p&gt; &lt;p style="text-align: left;"&gt;Our panel emphasizes the importance of working with trusted experts, doing extensive due diligence, and considering the potential emotional satisfaction when making these investments. Diversification remains key; balancing passion with a clear-eyed investment strategy can help mitigate these risks.&lt;/p&gt; &lt;/div&gt; &lt;h3 style="text-align: left;"&gt;Building a Balanced Portfolio&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Balancing passion-driven investments with traditional assets is a strategy that allows for both personal enjoyment and financial growth. Whether you’re starting with watches, wines, or cars, it’s critical to stay informed about market dynamics and trends. This episode offers valuable insights from collectors who have not only turned their passions into investments but have also gained a deeper understanding of how these collectibles can provide long-term value.&lt;/p&gt; &lt;div style="text-align: left;"&gt; &lt;hr /&gt; &lt;h3&gt;Meet Our Guest Panelists&lt;/h3&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;Dan Spitz is a third-generation Master Watchmaker and former lead guitarist of the legendary thrash metal band Anthrax. He boasts three Grammy nominations, over 30 million albums sold, and a prestigious background in haute horlogerie, having studied at the renowned WOSTEP in Switzerland and served as the head complications specialist for Chopard.&lt;br /&gt; &lt;a href="https://danspitz.com"&gt;https://danspitz.com&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;Jasem Al Zeraei, known as @Patekaholic on Instagram, is a prominent figure in the watch community, celebrated for his deep passion and expertise in Patek Philippe collecting, which earned him a place on the jury of the prestigious Grand Prix d'Horlogerie de Genève in 2019.&lt;br /&gt; &lt;a href= "https://instagram.com/patekaholic"&gt;https://instagram.com/patekaholic&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;Nick Baldelli-Boni is the founder of "Cars in Tuscany," a platform dedicated to showcasing classic and luxury cars against the scenic backdrop of Tuscany, blending his passion for automobiles with the rich cultural and visual appeal of the Italian countryside.&lt;br /&gt; &lt;a href= "https://youtube.com/@carsintuscany"&gt;https://youtube.com/@carsintuscany&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;Brian Freedman is a wine, spirits, travel, and food writer, and a consultant for corporate and private clients. A regular contributor to Food &amp; Wine, Forbes, and Whisky Advocate, he also hosts tastings and events. His acclaimed book, Crushed: How A Changing Climate Is Altering the Way We Drink, was published in 2022 and released in paperback in 2023.&lt;br /&gt; &lt;a href="https://briandfreedman.com" target="_blank" rel= "noopener"&gt;https://briandfreedman.com&lt;/a&gt;&lt;/div&gt; &lt;div&gt; &lt;hr /&gt; &lt;h3 style="text-align: left;"&gt;Join the Conversation&lt;/h3&gt; &lt;p style="text-align: left;"&gt;This blog post is brought to you by Runnymede Capital Management, in collaboration with &lt;a href= "https://eaglesvision.co.za/" target="_blank" rel= "noopener"&gt;EaglesVision&lt;/a&gt; and the &lt;a href= "https://www.youtube.com/@InspiredMoney" target="_blank" rel= "noopener"&gt;Inspired Money live-stream podcast series&lt;/a&gt;. Learn how to diversify your portfolio with passion-driven investments in watches, wine, and cars.&lt;/p&gt; &lt;/div&gt; &lt;/div&gt;</description>

In this episode of the Inspired Money Live Stream Podcast, we dive into alternative investments, focusing on luxury watches, rare wines, and classic cars. Our panel of experts, including Dan Spitz, master watchmaker and former Anthrax guitarist, Jasem...

Portfolio Perspectives: Balancing Watch, Wine, and Car Investments

In this episode of the Inspired Money Live Stream Podcast, we focus on how personal and professional growth can transform your career. Our panel of experts—Bobby Umar, William Arruda, Stella Collins, and Claire Wasserman—share their strategies for investing in yourself to unlock new opportunities and achieve long-term success. Practical Approaches to Personal and Professional Growth Investing in yourself is essential for achieving career growth and personal satisfaction. This episode, "Investing in Yourself: Strategies for Personal and Professional Growth," provides a comprehensive look at how self-development and skill-building can elevate your career. Our distinguished guests offer practical advice and proven strategies to enhance your personal and professional journey. 🕒 Episode Insights <ul> <li style="text-align: left;">Personal Branding: Bobby Umar discusses how building an authentic personal brand can set you apart and unlock leadership opportunities.</li> <li style="text-align: left;">Lifelong Learning: William Arruda highlights the importance of continuous learning and how leveraging your unique strengths can drive career success.</li> <li style="text-align: left;">Neuroscience in Learning: Stella Collins explains how applying neuroscience principles can enhance learning and improve skill acquisition.</li> <li style="text-align: left;">Empowerment for Women: Claire Wasserman emphasizes the importance of financial empowerment and continuous growth for women aiming to advance in their careers.</li> </ul> Key Strategies for Personal Growth Our expert panelists reveal the following key strategies for personal and professional growth: <ol> <li style="text-align: left;">Building Resilience: Cultivate resilience by embracing challenges and learning from setbacks. Bobby and Claire share methods to build mental toughness and confidence.</li> <li style="text-align: left;">Ongoing Education: Investing in continuous education through formal training or self-guided learning is crucial to staying relevant in today’s job market. William and Stella offer insights into how learning can accelerate your career.</li> <li> Networking and Mentorship: Developing strong professional connections is critical to career advancement. Both William and Bobby stress the value of networking and mentorship in personal growth and career development. </li> </ol> Networking and Personal Branding One of the major themes in this episode is the importance of networking and personal branding. Your ability to connect with others and clearly communicate your unique value is essential for career success. The panelists share their experiences and provide actionable steps for building a strong professional network and maintaining an impactful personal brand. Meet Our Guest Panelists Bobby Umar: A motivational speaker and business coach, Bobby helps leaders build personal brands and discover their authentic purpose. <a href="https://raeallan.com">https://raeallan.com</a>   William Arruda: A personal branding expert and founder of Reach Personal Branding, William inspires professionals to embrace their unique strengths. <a href= "https://williamarruda.com">https://williamarruda.com</a>   Stella Collins: A neuroscience-based learning expert and co-founder of Stellar Labs, Stella helps businesses upskill their teams for long-term success. <a href="https://stellarlabs.io">https://stellarlabs.io</a>   Claire Wasserman: Founder of Ladies Get Paid, Claire is an advocate for women’s financial empowerment and career advancement. <a href="https://ladiesgetpaid.com" target="_new" rel= "noopener">https://ladiesgetpaid.com</a> Join the Conversation We invite you to share your thoughts on personal growth strategies. Comment below or join us on social media with the hashtag #InspiredMoney. Start your journey to personal and professional success by applying the practical tips shared in this episode. This blog post is brought to you by Runnymede Capital Management, in collaboration with <a href= "https://eaglesvision.co.za/" target="_blank" rel= "noopener">EaglesVision</a> and the <a href= "https://www.youtube.com/@InspiredMoney" target="_blank" rel= "noopener">Inspired Money live-stream podcast series</a>. Take actionable steps to invest in yourself and drive your career forward.

<description>&lt;p&gt;In this episode of the Inspired Money Live Stream Podcast, we focus on how personal and professional growth can transform your career. Our panel of experts—Bobby Umar, William Arruda, Stella Collins, and Claire Wasserman—share their strategies for investing in yourself to unlock new opportunities and achieve long-term success.&lt;/p&gt; &lt;div style="text-align: center;"&gt; &lt;div&gt; &lt;h3 style="text-align: left;"&gt;Practical Approaches to Personal and Professional Growth&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Investing in yourself is essential for achieving career growth and personal satisfaction. This episode, "Investing in Yourself: Strategies for Personal and Professional Growth," provides a comprehensive look at how self-development and skill-building can elevate your career. Our distinguished guests offer practical advice and proven strategies to enhance your personal and professional journey.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;🕒 Episode Insights&lt;/h3&gt; &lt;ul&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Personal Branding:&lt;/strong&gt; Bobby Umar discusses how building an authentic personal brand can set you apart and unlock leadership opportunities.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Lifelong Learning:&lt;/strong&gt; William Arruda highlights the importance of continuous learning and how leveraging your unique strengths can drive career success.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Neuroscience in Learning:&lt;/strong&gt; Stella Collins explains how applying neuroscience principles can enhance learning and improve skill acquisition.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Empowerment for Women:&lt;/strong&gt; Claire Wasserman emphasizes the importance of financial empowerment and continuous growth for women aiming to advance in their careers.&lt;/li&gt; &lt;/ul&gt; &lt;h3 style="text-align: left;"&gt;Key Strategies for Personal Growth&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Our expert panelists reveal the following key strategies for personal and professional growth:&lt;/p&gt; &lt;ol&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Building Resilience:&lt;/strong&gt; Cultivate resilience by embracing challenges and learning from setbacks. Bobby and Claire share methods to build mental toughness and confidence.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Ongoing Education:&lt;/strong&gt; Investing in continuous education through formal training or self-guided learning is crucial to staying relevant in today’s job market. William and Stella offer insights into how learning can accelerate your career.&lt;/li&gt; &lt;li&gt; &lt;p style="text-align: left;"&gt;&lt;strong&gt;Networking and Mentorship:&lt;/strong&gt; Developing strong professional connections is critical to career advancement. Both William and Bobby stress the value of networking and mentorship in personal growth and career development.&lt;/p&gt; &lt;/li&gt; &lt;/ol&gt; &lt;h3 style="text-align: left;"&gt;Networking and Personal Branding&lt;/h3&gt; &lt;p style="text-align: left;"&gt;One of the major themes in this episode is the importance of networking and personal branding. Your ability to connect with others and clearly communicate your unique value is essential for career success. The panelists share their experiences and provide actionable steps for building a strong professional network and maintaining an impactful personal brand.&lt;/p&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;hr /&gt; &lt;h3&gt;Meet Our Guest Panelists&lt;/h3&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Bobby Umar:&lt;/strong&gt; A motivational speaker and business coach, Bobby helps leaders build personal brands and discover their authentic purpose.&lt;br /&gt; &lt;a href="https://raeallan.com"&gt;https://raeallan.com&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;William Arruda:&lt;/strong&gt; A personal branding expert and founder of Reach Personal Branding, William inspires professionals to embrace their unique strengths.&lt;br /&gt; &lt;a href= "https://williamarruda.com"&gt;https://williamarruda.com&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Stella Collins:&lt;/strong&gt; A neuroscience-based learning expert and co-founder of Stellar Labs, Stella helps businesses upskill their teams for long-term success.&lt;br /&gt; &lt;a href="https://stellarlabs.io"&gt;https://stellarlabs.io&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Claire Wasserman:&lt;/strong&gt; Founder of Ladies Get Paid, Claire is an advocate for women’s financial empowerment and career advancement.&lt;br /&gt; &lt;a href="https://ladiesgetpaid.com" target="_new" rel= "noopener"&gt;https://ladiesgetpaid.com&lt;/a&gt;&lt;/div&gt; &lt;div&gt; &lt;hr /&gt; &lt;h3 style="text-align: left;"&gt;Join the Conversation&lt;/h3&gt; &lt;p style="text-align: left;"&gt;We invite you to share your thoughts on personal growth strategies. Comment below or join us on social media with the hashtag #InspiredMoney. Start your journey to personal and professional success by applying the practical tips shared in this episode.&lt;/p&gt; &lt;p style="text-align: left;"&gt;This blog post is brought to you by Runnymede Capital Management, in collaboration with &lt;a href= "https://eaglesvision.co.za/" target="_blank" rel= "noopener"&gt;EaglesVision&lt;/a&gt; and the &lt;a href= "https://www.youtube.com/@InspiredMoney" target="_blank" rel= "noopener"&gt;Inspired Money live-stream podcast series&lt;/a&gt;. Take actionable steps to invest in yourself and drive your career forward.&lt;/p&gt; &lt;/div&gt; &lt;/div&gt;</description>

In this episode of the Inspired Money Live Stream Podcast, we focus on how personal and professional growth can transform your career. Our panel of experts—Bobby Umar, William Arruda, Stella Collins, and Claire Wasserman—share their strategies for...

Investing in Yourself: Strategies for Personal and Professional Growth

In this episode of the Inspired Money Live Stream Podcast, host Andy Wang and a panel of financial experts tackle how psychological and emotional factors shape our spending habits. With insights from Dr. Judith Wright, Dr. Bob Wright, Dr. Megan McCoy, and Maggie Klokkenga, this episode breaks down the key influences behind financial decisions and offers strategies to develop healthier spending practices. Understanding the Psychology of Spending Our financial choices are driven by more than just needs; psychological triggers and emotional factors play a significant role. In The Psychology of Spending, we focus on how subconscious behaviors impact our spending and offer practical solutions to manage these impulses. 🕒 Episode Insights <ul> <li style="text-align: left;">Psychological Triggers in Spending Dr. Judith Wright explains how marketers use emotions such as scarcity and fear of missing out (FOMO) to influence consumer behavior.</li> <li style="text-align: left;">Emotional Spending Dr. Megan McCoy addresses how stress, boredom, and social influences lead to impulsive purchases and offers strategies for healthier coping mechanisms.</li> <li style="text-align: left;">Practical Financial Tips Maggie Klokkenga shares easy-to-apply strategies to prevent overspending, such as unsubscribing from marketing emails and using the cash envelope system.</li> <li style="text-align: left;">Money Scripts and Childhood Beliefs Dr. Bob Wright discusses how childhood experiences shape our financial mindset and how to shift these limiting beliefs.</li> <li style="text-align: left;">Financial Literacy and Mindful Spending The panel emphasizes the importance of improving financial literacy and tracking expenses to align spending with long-term goals.</li> </ul> Key Takeaways for Healthier Spending This episode provides valuable insights for anyone looking to gain control over their financial habits. By understanding the psychological and emotional factors behind our spending, listeners can learn how to make more informed and intentional financial decisions. Join the Conversation We encourage you to share your thoughts and experiences with managing spending habits. What financial practices have worked for you? Let’s discuss strategies that help foster better financial decision-making and mindful spending. Meet Our Guest Panelists Dr. Judith Wright – Expert in emotional intelligence and human potential, discussing how subconscious behaviors impact spending. <a href="https://livewright.com" target="_new" rel="noopener">Visit Judith’s website</a>   Dr. Bob Wright – Specialist in human development, offering insights on how societal pressures shape financial decisions. <a href="https://livewright.com" target="_new" rel="noopener">Visit Bob’s website</a>   Dr. Megan McCoy – Financial therapist and professor specializing in emotional spending and financial well-being. <a href="https://hhs.k-state.edu" target="_new" rel= "noopener">Visit Megan’s website</a>   Maggie Klokkenga, CFP™ – Certified Financial Planner™ and financial coach, sharing practical strategies for mindful spending. <a href="https://abundowealth.com" target="_new" rel="noopener">Visit Maggie’s website</a>

<description>&lt;p&gt;In this episode of the &lt;em&gt;Inspired Money Live Stream Podcast&lt;/em&gt;, host Andy Wang and a panel of financial experts tackle how psychological and emotional factors shape our spending habits.&lt;/p&gt; &lt;p&gt;With insights from Dr. Judith Wright, Dr. Bob Wright, Dr. Megan McCoy, and Maggie Klokkenga, this episode breaks down the key influences behind financial decisions and offers strategies to develop healthier spending practices.&lt;/p&gt; &lt;div style="text-align: center;"&gt; &lt;div&gt; &lt;h3 style="text-align: left;"&gt;Understanding the Psychology of Spending&lt;/h3&gt; &lt;p style="text-align: left;"&gt;Our financial choices are driven by more than just needs; psychological triggers and emotional factors play a significant role. In &lt;em&gt;The Psychology of Spending&lt;/em&gt;, we focus on how subconscious behaviors impact our spending and offer practical solutions to manage these impulses.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;🕒 Episode Insights&lt;/h3&gt; &lt;ul&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Psychological Triggers in Spending&lt;/strong&gt; Dr. Judith Wright explains how marketers use emotions such as scarcity and fear of missing out (FOMO) to influence consumer behavior.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Emotional Spending&lt;/strong&gt; Dr. Megan McCoy addresses how stress, boredom, and social influences lead to impulsive purchases and offers strategies for healthier coping mechanisms.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Practical Financial Tips&lt;/strong&gt; Maggie Klokkenga shares easy-to-apply strategies to prevent overspending, such as unsubscribing from marketing emails and using the cash envelope system.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Money Scripts and Childhood Beliefs&lt;/strong&gt; Dr. Bob Wright discusses how childhood experiences shape our financial mindset and how to shift these limiting beliefs.&lt;/li&gt; &lt;li style="text-align: left;"&gt;&lt;strong&gt;Financial Literacy and Mindful Spending&lt;/strong&gt; The panel emphasizes the importance of improving financial literacy and tracking expenses to align spending with long-term goals.&lt;/li&gt; &lt;/ul&gt; &lt;h3 style="text-align: left;"&gt;Key Takeaways for Healthier Spending&lt;/h3&gt; &lt;p style="text-align: left;"&gt;This episode provides valuable insights for anyone looking to gain control over their financial habits. By understanding the psychological and emotional factors behind our spending, listeners can learn how to make more informed and intentional financial decisions.&lt;/p&gt; &lt;h3 style="text-align: left;"&gt;Join the Conversation&lt;/h3&gt; &lt;p style="text-align: left;"&gt;We encourage you to share your thoughts and experiences with managing spending habits. What financial practices have worked for you? Let’s discuss strategies that help foster better financial decision-making and mindful spending.&lt;/p&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;hr /&gt; &lt;h3&gt;Meet Our Guest Panelists&lt;/h3&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Dr. Judith Wright&lt;/strong&gt; – Expert in emotional intelligence and human potential, discussing how subconscious behaviors impact spending.&lt;br /&gt; &lt;a href="https://livewright.com" target="_new" rel="noopener"&gt;Visit Judith’s website&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Dr. Bob Wright&lt;/strong&gt; – Specialist in human development, offering insights on how societal pressures shape financial decisions.&lt;br /&gt; &lt;a href="https://livewright.com" target="_new" rel="noopener"&gt;Visit Bob’s website&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Dr. Megan McCoy&lt;/strong&gt; – Financial therapist and professor specializing in emotional spending and financial well-being.&lt;br /&gt; &lt;a href="https://hhs.k-state.edu" target="_new" rel= "noopener"&gt;Visit Megan’s website&lt;/a&gt;&lt;/div&gt; &lt;div style="text-align: left;"&gt; &lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;strong&gt;Maggie Klokkenga, CFP™&lt;/strong&gt; – Certified Financial Planner™ and financial coach, sharing practical strategies for mindful spending.&lt;/div&gt; &lt;div style="text-align: left;"&gt;&lt;a href="https://abundowealth.com" target="_new" rel="noopener"&gt;Visit Maggie’s website&lt;/a&gt;&lt;/div&gt; &lt;/div&gt;</description>

In this episode of the Inspired Money Live Stream Podcast, host Andy Wang and a panel of financial experts tackle how psychological and emotional factors shape our spending habits. With insights from Dr. Judith Wright, Dr. Bob Wright, Dr. Megan McCoy,...

The Psychology of Spending: Unraveling the Influences Behind Our Financial Choices

Inspired Money is a weekly livestream podcast that brings together a panel of industry experts to inspire you to make more, give more, and live more. Hosted by Andy Wang, named a Top 100 Financial Advisor by Investopedia, each episode explores diverse and positive money stories with thought leaders from finance, entrepreneurship, philanthropy, and lifestyle spaces. From investing and charitable giving to budgeting and collecting watches, wine, or cars, Inspired Money covers a wide array of topics to help you shift your perspective on money and achieve incredible things.

Whether you’re launching a side hustle, paying down debt, or looking to grow your wealth and make a difference, tune in to Inspired Money—because big things start with just a little inspiration.

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