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Elizabeth Husserl is a registered investment advisor representative, financial advisor, and cofounder of Peak360 Wealth Management, a boutique wealth planning firm. She is the author of The Power of Enough: Finding Joy in Your Relationship with Money. She holds an MA in East-West psychology from the California Institute of Integral Studies, and has led workshops at major tech companies, including Airbnb, Unity, and Google. Here she and Dawson discuss: How to put “joy” and “money” in the same sentence Asking yourself: What, to me, represents wealth? The mandala of the 12 dimensions of wealth “Financial DNA,” or the ways that family beliefs shape money behaviors Exercise: Go back in your lineage, what beliefs did your ancestors hold? How to have a conversation with money to work through moments of scarcity Money as a spiritual guide Money as a doorway to self-knowledge To learn more about Elizabeth's work: www.elizabethhusserl.com Find Dawson's work at: http://dawsongift.com/ And to order Dawson's newest book, Spiritual Intelligence: https://www.amazon.com/Spiritual-Intelligence-Activating-Circuits-Awakened/dp/160415294X/ #mindtomatter #blissbrain #spiritualintelligence #eft #meditation #highenergyhealth #money #wealth #abundance #powerofenough #relationshipwithmoney
This week on the UFD podcast I'm joined by Hugh Massie, the executive chairman and founder of DNA Behavior International, a behavioural data analytics company based in Atlanta, Georgia
What if the way you think about money isn't really your fault? In this episode, I sit down with Elizabeth Husserl, author of The Power of Enough, to unravel the concept of financial DNA—the inherited beliefs, patterns, and habits that shape your relationship with money. Together, we break down why the traditional “abundance vs. scarcity” mindset is outdated and how redefining wealth beyond material possessions can change everything. Elizabeth introduces practical tools like the Wealth Mandala and Satiation Journal to help you go beyond the numbers and connect with wealth in a way that feels emotional, visceral, and empowering. We'll also talk about the power of self-compassion, grieving old money stories, and why physical movement might be the missing link in your financial wellness journey. LINKS The Power of Enough book Wealth Mandala download CONNECT WITH SHANNAH FREEBIE: Show Me the Money Workshop FREEBIE: She's Got Wealth Workshop Follow me on Instagram Courses + Workshops + Money Coaching Information SPONSORS Thanks to Jenny Kayne for sponsoring the show. Get 15% off by going to http://www.jennykayne.com/etm15. Thanks to Money Picked for sponsoring the show. To schedule a FREE meeting to figure out your next financial steps, go to http://www.moneypickle.com/etm. Thanks to Wildgrain for sponsoring the show. Wildgrain is offering our listeners $30 off the first box - PLUS free Croissants in every box - when you go to http://www.wildgrain.com/etm to start your subscription. Thanks to Mint Mobile for sponsoring the show. To get your new 3-month premium wireless plan for just 15 bucks a month, go to http://www.mintmobile.com/ETM . Thanks to OneSkin for sponsoring the show. Get 15% off OneSkin with the code ETM at https://www.oneskin.co/ Thanks to Quince for sponsoring the show. Go to http://www.quince.com/etm for free shipping on your order and 365-day returns. Thanks to NerdWallet for sponsoring the show. Don't wait to make smart financial decisions. Compare and find smarter credit cards, savings accounts, and more today at www.nerdwallet.com. Thanks to Monarch for sponsoring the show. After trying out Monarch for myself, I understand why it's the top-rated personal finance app. Listeners of this show will get an extended thirty-day free trial when you go to www.monarchmoney.com/ETM. Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order. Learn more about your ad choices. Visit megaphone.fm/adchoices
Ever wonder if your business is truly aligned with your life's calling? What if your entrepreneurial journey was more than just making money? What if your business fulfilled your destiny? In this episode we're diving deep into the secret sauce of your "financial DNA" - that perfect blend of your life's purpose, your money story, and your path to profitability. Spoiler alert: it's about way more than just cashing those checks. Now, we know what you're thinking - "But what about the bottom line?" Don't worry, the Wealth Wisdom crew has got you covered. They're here to show you that purpose and profit are not mutually exclusive. In fact, when you're truly aligned with your calling, you're more likely to persist through challenges and find innovative ways to be profitable. So, are you ready to decode your financial DNA and build a business that truly reflects who you are and what you're meant to do? 00:00 Introduction: Aligning Business with Life's Calling 00:47 Welcome to Wealth Wisdom Financial Podcast 01:26 Celebrating Small Businesses 01:48 Decoding Your Financial DNA 04:23 Recognizing Your Calling 05:23 Decoding Your Money Story 05:42 Pursuing Profitability 08:08 Personal Story: Going All In 11:59 Purpose AND Profit 13:00 Profit Planning Network 14:55 Conclusion and Call to Action Links mentioned in the show: Apply for the Profit Planning Network here: https://wealthwisdomfp.com/ppn Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community Watch on YouTube here: https://youtu.be/bkrvFhViI80
Tune into The Shades of Entrepreneurship podcast to learn about the power of a growth mindset in business. From lead generation to scaling with systems, Financial DNA, and more, this podcast covers all aspects of entrepreneurship for success.Support the Show.StreamSpotifyApple Podcast Support The ShowMerchPatreonSocial Media FacebookLinkedInInstagramTikTokYouTube
In this episode of the Encore Entrepreneur Podcast, Lori welcomes financial transformation strategist Robbie Mathews. Robbie discusses the critical need for Americans to improve their financial habits, noting that over 50% have less than $1000 saved. She emphasizes understanding spending habits, setting financial goals, and distinguishing between needs and wants. Robbie shares personal strategies for overcoming impulsive spending and highlights the importance of viewing money as a tool. The conversation also covers Robbie's journey from debt to financial stability, her collaboration with her husband on financial education, and their transition from corporate careers to entrepreneurship. Connect with Robbie:Robbie's Website Facebook: Robbie S Mathews Resources: Are you frustrated that your business isn't growing? "Messy to Magnetic: Unlocking the Secret to Effective Marketing" is a free course that goes over the top 10 mistakes small business owners make with attracting their ideal client and converting those clients to leads. Click here for your free gift! Join Lori's private Facebook group - Make Your Marketing Simple. Lori interviews her guests in the group (giving you advance listening!) and has a community of small business owners just like yourself to connect and grow their businesses. Join now! Schedule a Website Biz Accelerator call. Answer just a few questions and Lori will audit your website for the ONE biggest change you can make to your site to get more clients. Schedule here! Connect with Lori
FINANCIAL DNA | Wallstreet Trapper (Episode 44) Trappin Tuesday'sJoin our Exclusive Patreon!!! Creating Financial Empowerment for those who've never had it. https://www.patreon.com/Wallstreetlookslikeusnow Financial DNA is a concept that refers to an individual's unique financial profile, including their financial behaviors, attitudes, and preferences. It is based on the idea that people have distinct tendencies and preferences when it comes to managing their finances, which can have a significant impact on their financial decision-making.By understanding your financial DNA, you can tailor your financial planning and investment strategies to align with your unique characteristics and goals. It can also help financial advisors provide personalized advice and guidance to their clients, taking into account their specific financial DNA.FINANCIAL DNA | Wallstreet Trapper (Episode 44) Trappin Tuesday'sVideo: https://youtube.com/live/F1q911pFNk4From the streets to the stock market. Every Tuesday we bring financial empowerment to those who feel like they don't have the power. We are Trailblazing our way to Wealth. Ride with me. History in the Making!! Trappers Anonymous Group: https://join.trappersanonymous.com/ https://www.thetrapperuniversity.com #wallstreettrapper #WallstreetLooksLikeUsNow #StockMarket
http://ExpertTalk.fm ~ Robbie S Mathews is a successful award-winning global entrepreneur, financial transformation strategist, executive producer and TV show host, empowering international speaker, and author. Inspired by their own personal journey, Robbie and her husband and business partner Michael Bart Mathews, are passionate about inter-generational wealth, growing it, sustaining it, and passing healthy financial habits down to the next generations. She empowers their clients to “Transform Their Financial DNA” by providing the knowledge, strategies, education, and accountability needed to effectively manage their personal and small business finances, so they can get out and stay out of debt, spend guilt-free and live financially free. #ExpertTalkWithTGo #ExpertTalkXtra #TalkShow #PodcastToBroadcast #TheresaGoss #ExpertTalkFM #Roku #Pandora #iHeartRADIO #PodNationTV #talkshowtv #talkshowonline #talkshowhost #podcast #motivation #broadcast #listennow #entrepreneur #marketing #TGoTV #9at9 #FastFunInformative #LightsCamerasTakeAction
Join Julie Murphy on her Mission to Financially Heal the Word! Julie shares 3 common ways people financially react and I then give 3 ways to shift this financial pattern you have to be a creator instead of a reactor. Financial DNA https://learn.juliemurphy.com/ #youarecreators #moneyandemotions #financialreactions Get my book for free, pay to ship only! https://www.awakenyourwealthbook.com To Schedule Julie on Your Podcast Show... please email Julie at Julie@JulieMurphy.com Julie Murphy CLU, ChFC, CFP®, is an independent CERTIFIED FINANCIAL PLANNER®, author, and media expert who wants you to heal your emotions so you can prosper financially, and in life. https://juliemurphy.com/ Her new book, Awaken Your Wealth, a #1 Amazon bestseller in several categories, will transform how you feel about money now into a new mindset that feeds your heart and soul and enriches your financial well-being. Living a life of Real Wealth! https://www.youtube.com/c/JulieMurphy Join our community on social media! http://facebook.com/AwakenWithJulie http://Instagram.com/AwakenWithJulie https://www.youtube.com/c/JulieMurphy http://Twitter.com/AwakenWithJulie https://www.linkedin.com/in/juliemariemurphy TOO MANY PEOPLE HAVE FEARS AND OTHER UNHEALTHY EMOTIONS AROUND MONEY. Whether you were born rich, poor, or somewhere in-between, money has always been an integral part of your life. However, too many people have fears and other unhealthy emotions around money. These debilitating beliefs are most often subconscious, shaped by a lifetime of early experiences seen through other people—not based on objective reality. Can you break free from these restrictive beliefs and emotions, be able to “dream big”—and actually accomplish your hopes and dreams? The answer is yes: Now, finally, there is a way to harness the powerful energy around money and build real wealth. --- Support this podcast: https://anchor.fm/juliemurphy/support
Wealth does not need to be a tabu topic anymore. What is the secret then? Planning. Ahead. Connect money to a purpose that you really "need". Find out how and more from our inspiring guest, Robbie. How about transforming your financial DNA today?
Money EQ is an international behavioural discovery process that allows financial advisors to identify their clients' financial personalities and decision-making styles – helping you to build that human connection.So during the process of getting to know your client and build trust, MoneyEQ enables:- Better advisor-client matchings- Enhanced advisor-client communication- Knowing more about what motivates your clients' spending decisions- Understanding their risk behaviour- Discovering their behavioural biases- Assessing your clients' market mood- Improving goals discovery- Collaboration to articulate your clients' quality-of-life desiresJoin us for an insightful discussion with Robyn Clay from Hadeda and also hear from Hendrik Crafford CFP® Certified Integral Coach® on his experience using Money EQ with his clients.---- Connect with the guests ----Hadeda - https://www.hadeda.co.za/Connect with Robyn Clay on LinkedInConnect with Hendrik Crafford on LinkedIn---- Learn more about PROpulsion Pro ---- https://www.propulsion.co.za/pro---- Support the show ----Your voluntary support enables the show to grow. To support the show and receive additional benefits: https://www.patreon.com/vcf ---- Connect with Us ---- Website: http://www.propulsion.co.zaPROpulsion LIVE Portal: https://hello.profileme.co.za/vcfTwitter: https://twitter.com/francoisdtzaLinkedIn: https://www.linkedin.com/in/francoisdtzaInstagram: https://www.instagram.com/francoisdtza ---- Learn with Us ----Online CPD: https://learn.circulus.co.za/courses/Webinars: https://learn.circulus.co.za/course-category/webinars/Podcast: https://www.propulsion.co.za/category/podcasts/Articles: https://www.propulsion.co.za/category/article/ ----Attribution---- Sound effects from Zapsplat.com
Peak Performers | Tools, Strategies & Psychology to Get Things Done
As a Behavioral Strategist and the CEO of DNA Behavior International, Hugh travels the world helping entrepreneurs and leaders understand how they are wired for success and what motivates their decision-making. With over 60,000 hours of experience, Hugh has mentored millions of people, including entrepreneurs, the leaders of more than 2,500 businesses and 20,000 financial advisors in 123 countries (www.BehaviorallySmart.com). His purpose is mentoring people to be Behaviorally SMART for achieving greater self-empowerment so they can unlock their human potential and Live with Meaning™. Hugh liberates entrepreneurs with a unique blend of personality and financial insights to make improved life, financial and business decisions. In particular, he guides them to be more self-aware, and not make emotional decisions under pressure, which sabotage relationships, businesses, and long-term goals. Since 2001, Hugh continues to lead the way globally with developing innovative behavioral analytics technology which powers solutions to help entrepreneurs understand who they are and “Know, Engage and Grow” every employee and client online. Hugh is also a sought after corporate strategist, mentor, financier, and board member for my unique ability to solve any problem using a unique blend of deep personality insights and extensive financial knowledge. Hugh pioneered the development of Financial DNA®, Business DNA®, and Communication DNA® the world’s first complete all-in-one behavioral analytics platform to provide a broad spectrum of validated personality insights which address entrepreneurship, organizational development, leadership, financial planning, relationship and a variety of life situations. Hugh has been a successful entrepreneur for 20 years being the founder of 6 businesses spanning financial services, funds management, human behavior, video marketing, property development and pastoral activities. He is on the Global Finance Committee of Entrepreneurs Organization and the East Region Board. Hugh enjoys golf, tennis, cricket, adventure travel, business innovation and history reading. Contact Hugh: inquiries@dnabehavior.com PEAK PERFORMANCE NATION A community dedicated to raising your game to the next level by learning how to Execute at the highest level and eliminating the obstacles that keep you from being the leader you were born to be. Join group here: https://www.facebook.com/groups/PeakPerformanceNation/ SPONSORS & FREE OFFERS Audible - Free Audio Book & 30 Day Trial Blue Apron - $30 Off Your First Order Acuity Scheduling - Stop Wasting Time Setting Up Meetings Peak Accountability - http://www.thorconklin.com/accountability/ Thank you once again for listening Please follow us on: Facebook: Thor Conklin Twitter: @ThorConklin Website: http://www.thorconklin.com ThorConklin.com Thor Conklin Media Peak Performers Podcast Peak Performance Nation #1 Podcast on how to get things done. Learn from Peak Performers in all areas of life and Business. Do you know what to do but can't figure out why you are not executing what you already know? If so, this Podcast will give you the tools, strategies and psychology to not only break through the choke point but to truly become a Peak Performer. Thor will be sharing his tools and strategies as well as interviewing inspiring Peak Performers that are Entrepreneur's, Professional Athletes, Business leaders, Military, Technology guru's, Health and Fitness masters, Relationships Experts as well as Music & Entertainment superstars. Mission and Purpose - To engage, educate, entertain and inspire listeners to excel in any area of life through mastering the science of execution and Peak Performance. You will learn the necessary road map, strategies, tools and psychology to win this game.
Peak Performers | Tools, Strategies & Psychology to Get Things Done
As a Behavioral Strategist and the CEO of DNA Behavior International, Hugh travels the world helping entrepreneurs and leaders understand how they are wired for success and what motivates their decision-making. With over 60,000 hours of experience, Hugh has mentored millions of people, including entrepreneurs, the leaders of more than 2,500 businesses and 20,000 financial advisors in 123 countries (www.BehaviorallySmart.com). His purpose is mentoring people to be Behaviorally SMART for achieving greater self-empowerment so they can unlock their human potential and Live with Meaning™. Hugh liberates entrepreneurs with a unique blend of personality and financial insights to make improved life, financial and business decisions. In particular, he guides them to be more self-aware, and not make emotional decisions under pressure, which sabotage relationships, businesses, and long-term goals. Since 2001, Hugh continues to lead the way globally with developing innovative behavioral analytics technology which powers solutions to help entrepreneurs understand who they are and “Know, Engage and Grow” every employee and client online. Hugh is also a sought after corporate strategist, mentor, financier, and board member for my unique ability to solve any problem using a unique blend of deep personality insights and extensive financial knowledge. Hugh pioneered the development of Financial DNA®, Business DNA®, and Communication DNA® the world’s first complete all-in-one behavioral analytics platform to provide a broad spectrum of validated personality insights which address entrepreneurship, organizational development, leadership, financial planning, relationship and a variety of life situations. Hugh has been a successful entrepreneur for 20 years being the founder of 6 businesses spanning financial services, funds management, human behavior, video marketing, property development and pastoral activities. He is on the Global Finance Committee of Entrepreneurs Organization and the East Region Board. Hugh enjoys golf, tennis, cricket, adventure travel, business innovation and history reading. Contact Hugh: inquiries@dnabehavior.com PEAK PERFORMANCE NATION A community dedicated to raising your game to the next level by learning how to Execute at the highest level and eliminating the obstacles that keep you from being the leader you were born to be. Join group here: https://www.facebook.com/groups/PeakPerformanceNation/ SPONSORS & FREE OFFERS Audible - Free Audio Book & 30 Day Trial Blue Apron - $30 Off Your First Order Acuity Scheduling - Stop Wasting Time Setting Up Meetings Peak Accountability - http://www.thorconklin.com/accountability/ Thank you once again for listening Please follow us on: Facebook: Thor Conklin Twitter: @ThorConklin Website: http://www.thorconklin.com ThorConklin.com Thor Conklin Media Peak Performers Podcast Peak Performance Nation #1 Podcast on how to get things done. Learn from Peak Performers in all areas of life and Business. Do you know what to do but can't figure out why you are not executing what you already know? If so, this Podcast will give you the tools, strategies and psychology to not only break through the choke point but to truly become a Peak Performer. Thor will be sharing his tools and strategies as well as interviewing inspiring Peak Performers that are Entrepreneur's, Professional Athletes, Business leaders, Military, Technology guru's, Health and Fitness masters, Relationships Experts as well as Music & Entertainment superstars. Mission and Purpose - To engage, educate, entertain and inspire listeners to excel in any area of life through mastering the science of execution and Peak Performance. You will learn the necessary road map, strategies, tools and psychology to win this game.
Peak Performers | Tools, Strategies & Psychology to Get Things Done
As a Behavioral Strategist and the CEO of DNA Behavior International, Hugh travels the world helping entrepreneurs and leaders understand how they are wired for success and what motivates their decision-making. With over 60,000 hours of experience, Hugh has mentored millions of people, including entrepreneurs, the leaders of more than 2,500 businesses and 20,000 financial advisors in 123 countries (www.BehaviorallySmart.com). His purpose is mentoring people to be Behaviorally SMART for achieving greater self-empowerment so they can unlock their human potential and Live with Meaning™. Hugh liberates entrepreneurs with a unique blend of personality and financial insights to make improved life, financial and business decisions. In particular, he guides them to be more self-aware, and not make emotional decisions under pressure, which sabotage relationships, businesses, and long-term goals. Since 2001, Hugh continues to lead the way globally with developing innovative behavioral analytics technology which powers solutions to help entrepreneurs understand who they are and “Know, Engage and Grow” every employee and client online. Hugh is also a sought after corporate strategist, mentor, financier, and board member for my unique ability to solve any problem using a unique blend of deep personality insights and extensive financial knowledge. Hugh pioneered the development of Financial DNA®, Business DNA®, and Communication DNA® the world’s first complete all-in-one behavioral analytics platform to provide a broad spectrum of validated personality insights which address entrepreneurship, organizational development, leadership, financial planning, relationship and a variety of life situations. Hugh has been a successful entrepreneur for 20 years being the founder of 6 businesses spanning financial services, funds management, human behavior, video marketing, property development and pastoral activities. He is on the Global Finance Committee of Entrepreneurs Organization and the East Region Board. Hugh enjoys golf, tennis, cricket, adventure travel, business innovation and history reading. Contact Hugh: inquiries@dnabehavior.com PEAK PERFORMANCE NATION A community dedicated to raising your game to the next level by learning how to Execute at the highest level and eliminating the obstacles that keep you from being the leader you were born to be. Join group here: https://www.facebook.com/groups/PeakPerformanceNation/ SPONSORS & FREE OFFERS Audible - Free Audio Book & 30 Day Trial Blue Apron - $30 Off Your First Order Acuity Scheduling - Stop Wasting Time Setting Up Meetings Peak Accountability - http://www.thorconklin.com/accountability/ Thank you once again for listening Please follow us on: Facebook: Thor Conklin Twitter: @ThorConklin Website: http://www.thorconklin.com ThorConklin.com Thor Conklin Media Peak Performers Podcast Peak Performance Nation #1 Podcast on how to get things done. Learn from Peak Performers in all areas of life and Business. Do you know what to do but can't figure out why you are not executing what you already know? If so, this Podcast will give you the tools, strategies and psychology to not only break through the choke point but to truly become a Peak Performer. Thor will be sharing his tools and strategies as well as interviewing inspiring Peak Performers that are Entrepreneur's, Professional Athletes, Business leaders, Military, Technology guru's, Health and Fitness masters, Relationships Experts as well as Music & Entertainment superstars. Mission and Purpose - To engage, educate, entertain and inspire listeners to excel in any area of life through mastering the science of execution and Peak Performance. You will learn the necessary road map, strategies, tools and psychology to win this game.
Hugh Massie and Leon join David Wolf to talk about how FinancialDNA helps us understand their behavioral biases. www.financialdna.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Hugh Massie and Leon Morales join David Wolf to explore how Communication DNA works in financial advisory firms and improves the quality of trust and engagement. The discussion also includes how the DNA Communication Communication system integrates into a firm's business model and CRM platform. www.financialDNA.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Hugh Massie and Leon Morales join David Wolf to continue discussions about the Financial DNA tools and how they help guide financial advisors to help their clients achieve their goals. Learn more about your ad choices. Visit megaphone.fm/adchoices
DNA Behavior CEO Hugh Massie and CRO Leon Morales join moderated David Wolf to discuss the a range of topics relating to how to better manage Investment Client Behaviors, using the systems and tools developed by DNA Behavior. www.financialDNA.com Learn more about your ad choices. Visit megaphone.fm/adchoices
DNA Behavior CEO Hugh Massie and CRO Leon Morales join moderated David Wolf to discuss the a range of topics relating to how to better manage Investment Client Behaviors, using the systems and tools developed by DNA Behavior. www.financialDNA.com Learn more about your ad choices. Visit megaphone.fm/adchoices
DNA Behavior CEO Hugh Massie and CRO Leon Morales join moderated David Wolf to discuss the a range of topics relating to how to better manage Investment Client Behaviors, using the systems and tools developed by DNA Behavior. www.financialDNA.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
Risk tolerance is a much talked about area in financial planning and it is one core component of an investor's unique financial behavior - what we call their Financial DNA. It is so fundamental that we are always talking about it and making decisions with reference to it. A huge difficulty has been reliably measuring an investor's risk tolerance. One of the problems is that an investor's risk tolerance is assessed today but then a portfolio is developed for the long term which has to cope with fluctuating markets. Do you truly know what your client's risk tolerance for the long term is? How much of your assessment of the client's risk tolerance is based on current situational factors and their emotional impulses today about the market? Then add in the fact that a person's risk tolerance may differ across different asset classes. Of course, an advisor's own risk tolerance can color the situation resulting in the client "eating" the behavior of the advisor. There have been lots of examples where a group of advisors addressing the same case facts at the same time will come up with different risk tolerance assessments for the client. After more than 10 years of studying financial behaviors, including risk, and performing research based on our online profiles Financial DNA Resources has now launched our "Behavioral Portfolio Report". You can download a copy of it here: http://financialdnaresources.com/FinancialDirections.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
Risk tolerance is a much talked about area in financial planning and it is one core component of an investor's unique financial behavior - what we call their Financial DNA. It is so fundamental that we are always talking about it and making decisions with reference to it. A huge difficulty has been reliably measuring an investor's risk tolerance. One of the problems is that an investor's risk tolerance is assessed today but then a portfolio is developed for the long term which has to cope with fluctuating markets. Do you truly know what your client's risk tolerance for the long term is? How much of your assessment of the client's risk tolerance is based on current situational factors and their emotional impulses today about the market? Then add in the fact that a person's risk tolerance may differ across different asset classes. Of course, an advisor's own risk tolerance can color the situation resulting in the client "eating" the behavior of the advisor. There have been lots of examples where a group of advisors addressing the same case facts at the same time will come up with different risk tolerance assessments for the client. After more than 10 years of studying financial behaviors, including risk, and performing research based on our online profiles Financial DNA Resources has now launched our "Behavioral Portfolio Report". You can download a copy of it here: http://financialdnaresources.com/FinancialDirections.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
The primary foundations of Financial DNA are "Know Thyself" and Know Thy Client". However, what I have not spoken up much before about is "Know Thy Investments". For both the advisor and the client this is absolutely critical to successful investing. Who at some point has been caught in an investment they did not fully understand and lost money?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
The primary foundations of Financial DNA are "Know Thyself" and Know Thy Client". However, what I have not spoken up much before about is "Know Thy Investments". For both the advisor and the client this is absolutely critical to successful investing. Who at some point has been caught in an investment they did not fully understand and lost money?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
The stage is now set. The family have committed to a meeting. Further, the initial homework has been done with everyone completing their Financial DNA® Profiles, Family Quality Life Review and other pre-meeting exercises. Remember, there are a lot of settings for a family meeting. Further, there are a lot of times when key questions can be asked. Questions can be asked during meetings with professional advisors, whilst on vacation, over dinner at the family home or in more formal settings such as during a family retreat. The issue is now what questions will be asked at the family meeting?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
The stage is now set. The family have committed to a meeting. Further, the initial homework has been done with everyone completing their Financial DNA® Profiles, Family Quality Life Review and other pre-meeting exercises. Remember, there are a lot of settings for a family meeting. Further, there are a lot of times when key questions can be asked. Questions can be asked during meetings with professional advisors, whilst on vacation, over dinner at the family home or in more formal settings such as during a family retreat. The issue is now what questions will be asked at the family meeting?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
Financial DNA was originally built based on our passion to see the consumer receive education to become more financially empowered and in our view this starts with greater self-understanding. Consumer financial education does not start with understanding the technical aspects of alpha and beta and what a stock or bond is, or hedge funds. So, we believe that financial advisors must play a greater role in consumer financial education starting with client behavior.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
Financial DNA was originally built based on our passion to see the consumer receive education to become more financially empowered and in our view this starts with greater self-understanding. Consumer financial education does not start with understanding the technical aspects of alpha and beta and what a stock or bond is, or hedge funds. So, we believe that financial advisors must play a greater role in consumer financial education starting with client behavior.
Hugh Massie is a Financial Behavior Consultant who provides wealth mentoring and business advisory services to help people balance their life and money through greater human behavioral awareness. Hugh believes that a individual must have a greater understanding who they are to maximize her potential in life. Hugh is the author of “Financial DNA® – Discovering Your Unique Financial Personality for a Quality Life” Hugh is the "Chief Thought Officer" and President of Financial DNA Resources which is an international financial behavior consulting business based in Atlanta GA. Since its establishment in 2003 Financial DNA Resources has so far started operations in 8 countries. Financial DNA Resources currently licenses the Financial DNA Discovery Process to a worldwide network of over 1500 advisors and large financial services firms, fund managers, boutique wealth management firms, family offices, accountants and attorneys. Check out Hugh's website: www.FinancialDNA.com Listen, Learn, Enjoy and Share with a Business Associate! Bumper music provided by Bryan Hunley of New Whyne Music E3C Links: www.BetterSalesandProfitsNow.com (company website) www.twitter.com/KenE3C (Twitter) www.my-business-community.com (community website) www.E3C.typepad.com (Blog) www.E3C.podOmatic.com (podcast) www.E3CPassionateEntrepreneur.pbwiki.com (wiki) www.mybusinesscommunity.ning.com (business social network) Is Your Business A Hobby, Job or Profitable Enterprise? Take the Quiz and Discover For Yourself! Click on this link: www.my-business-community.com/quiz1/player.html (multi-media presentation) Get My Business Tips! Go to my business profile and sign-up! http://mybusinesscommunity.ning.com/profile/KenE3C
During a recent Wealth Mentor Training with a group of financial advisors we were discussing our definitions of a “Quality Life”. A number of advisors made a very key observation: Is there such a concept as a balanced life? Can a person really have balance? This discussion really hit a chord with me as this point really gets to the core of what the Financial DNA program is all about.
During a recent Wealth Mentor Training with a group of financial advisors we were discussing our definitions of a “Quality Life”. A number of advisors made a very key observation: Is there such a concept as a balanced life? Can a person really have balance? This discussion really hit a chord with me as this point really gets to the core of what the Financial DNA program is all about.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
Where is your focus? What message are you conveying? Whatever you are doing in your life or business, perhaps consider the message which is behind the following google research that I have recently done with one of our Certified Wealth Mentors George Vieth whilst "word-smithing" how we define our own values and brand messaging. This may help you re-define your own messaging in terms of focus, simplicity and connecting to what people are looking for. For us, it very much clarified the Financial DNA brand promise is that "we guide and give you the education to help balance your life and money". This is very consistent with our "Understanding People before Numbers Philosophy".
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
Where is your focus? What message are you conveying? Whatever you are doing in your life or business, perhaps consider the message which is behind the following google research that I have recently done with one of our Certified Wealth Mentors George Vieth whilst "word-smithing" how we define our own values and brand messaging. This may help you re-define your own messaging in terms of focus, simplicity and connecting to what people are looking for. For us, it very much clarified the Financial DNA brand promise is that "we guide and give you the education to help balance your life and money". This is very consistent with our "Understanding People before Numbers Philosophy".
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
What really drives you in your life? What types of activities motivate you? When are you the most productive? Where do you believe you could have never-ending improvement? These are questions we often guide people in finding the answers to. You may well ask what has this got to do with wealth creation. Well, if you believe the greatest source of wealth creation is the productive use of your human capital then it is significant. Discovering your Unique Gift is a foundational component of your Life Purpose which is vital to determining your goals and ultimately the purpose of money in your life.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
What really drives you in your life? What types of activities motivate you? When are you the most productive? Where do you believe you could have never-ending improvement? These are questions we often guide people in finding the answers to. You may well ask what has this got to do with wealth creation. Well, if you believe the greatest source of wealth creation is the productive use of your human capital then it is significant. Discovering your Unique Gift is a foundational component of your Life Purpose which is vital to determining your goals and ultimately the purpose of money in your life.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
Just as eye glasses or contact lenses improve the clarity of what you are seeing, the Financial DNA Discovery Process has been designed to clarify what you are doing with your life and how your financial decisions are aligned with your life. Seeing what you want is the first step – finding your passion. But it is vision that takes that discovery from a want to a plan. Vision is what allows you to flesh out a two-dimensional life of commitments to a three-dimensional life of vitality. Having a clear vision can deliver your life purpose by bringing your passions from the realm of your dreams to the realm of your waking life. The vision will determine the shape of your life, although people with very similar passions can end up with very different visions.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
Just as eye glasses or contact lenses improve the clarity of what you are seeing, the Financial DNA Discovery Process has been designed to clarify what you are doing with your life and how your financial decisions are aligned with your life. Seeing what you want is the first step – finding your passion. But it is vision that takes that discovery from a want to a plan. Vision is what allows you to flesh out a two-dimensional life of commitments to a three-dimensional life of vitality. Having a clear vision can deliver your life purpose by bringing your passions from the realm of your dreams to the realm of your waking life. The vision will determine the shape of your life, although people with very similar passions can end up with very different visions.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
One of the financial advisors in a group asked me whether everyone would go through Financial DNA. The answer is potentially yes. We have had people with very little wealth and some with over $1billion go through the process, and all of them have been greatly liberated by the personal knowledge they have gained. This triggered the response from one of them, "Well if I was super wealthy I wouldn't bother, I would be out of here. I would have my financial freedom". Such a comment raises many questions and issues which cannot all be addressed right now. But my response was: "Well do you really have financial freedom with super wealth?". Many wealthy people are in actual fact prisoners of their wealth. It brings a whole new set of financial complications, let alone the personal issues. I mentioned that it is not always a life on easy street with these people. So perhaps financial freedom at this level is not really the dream?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
One of the financial advisors in a group asked me whether everyone would go through Financial DNA. The answer is potentially yes. We have had people with very little wealth and some with over $1billion go through the process, and all of them have been greatly liberated by the personal knowledge they have gained. This triggered the response from one of them, "Well if I was super wealthy I wouldn't bother, I would be out of here. I would have my financial freedom". Such a comment raises many questions and issues which cannot all be addressed right now. But my response was: "Well do you really have financial freedom with super wealth?". Many wealthy people are in actual fact prisoners of their wealth. It brings a whole new set of financial complications, let alone the personal issues. I mentioned that it is not always a life on easy street with these people. So perhaps financial freedom at this level is not really the dream?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
Many people have commented to me recently that one of the powerful messages I deliver, is the reality that every financial decision is driven by a life issue and every life decision has a financial consequence. In essence, life and financial decisions are totally integrated. Therefore, when doing financial planning it is absolutely vital that you understand what drives your financial decisions. To me, the primary driver is your financial personality, or what we call your Financial DNA. Your financial personality is in essence your natural born behavior shaped by your environment, experiences and education. Or we can break it down into behaviors, passions, values, beliefs, purpose and knowledge. All of these factors make up who you are and in their own way fundamentally drive your life decisions and consequently your financial decisions.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
Many people have commented to me recently that one of the powerful messages I deliver, is the reality that every financial decision is driven by a life issue and every life decision has a financial consequence. In essence, life and financial decisions are totally integrated. Therefore, when doing financial planning it is absolutely vital that you understand what drives your financial decisions. To me, the primary driver is your financial personality, or what we call your Financial DNA. Your financial personality is in essence your natural born behavior shaped by your environment, experiences and education. Or we can break it down into behaviors, passions, values, beliefs, purpose and knowledge. All of these factors make up who you are and in their own way fundamentally drive your life decisions and consequently your financial decisions.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
What do you do when you have multiple passions? This is a great position to be in, particularly as many people do not lay claim to having one passion. If you do have multiple passions then in my view you are very wealthy in terms of having a quality life. Some may be surprised to know that Financial DNA is not my only passion. I add in the development of youths as another, then watching cricket (sorry not baseball!!) and other sporting activities, and wine tasting. The key is to work out how all of your passions can get squeezed into your busy life.....
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
What do you do when you have multiple passions? This is a great position to be in, particularly as many people do not lay claim to having one passion. If you do have multiple passions then in my view you are very wealthy in terms of having a quality life. Some may be surprised to know that Financial DNA is not my only passion. I add in the development of youths as another, then watching cricket (sorry not baseball!!) and other sporting activities, and wine tasting. The key is to work out how all of your passions can get squeezed into your busy life.....
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
In my last topic on engaging the client, I concluded with the comment that facilitating the Financial DNA profiles with your clients is easier than you may perceive, and does not have to take you away from being an advisor to a counsellor. There is no doubt this is a concern for some advisors particularly for those who have been more focused on the investment side of the business. In my training sessions, I often use the golf analogy, if you already have a good golf swing meaning you are a good client facilitator, then Financial DNA is putting a much better golf club in your hands. So we are not here to change your swing, just make the ball contact better and straighter, meaning have a more powerful conversation. I wish to be clear that the goal is not to convert advisors to being counsellors or defacto psychologists. Rather, our goal is to take a lot of the guesswork and assumptions about client behavior out of the client discovery process.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
In my last topic on engaging the client, I concluded with the comment that facilitating the Financial DNA profiles with your clients is easier than you may perceive, and does not have to take you away from being an advisor to a counsellor. There is no doubt this is a concern for some advisors particularly for those who have been more focused on the investment side of the business. In my training sessions, I often use the golf analogy, if you already have a good golf swing meaning you are a good client facilitator, then Financial DNA is putting a much better golf club in your hands. So we are not here to change your swing, just make the ball contact better and straighter, meaning have a more powerful conversation. I wish to be clear that the goal is not to convert advisors to being counsellors or defacto psychologists. Rather, our goal is to take a lot of the guesswork and assumptions about client behavior out of the client discovery process.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
Interestingly, the most common question that we have been asked by financial advisors is: How do I get my clients to take the profiles? Will they do the profiles? I have been in the shoes of the advisor introducing the Financial DNA Profiles and fully appreciate the questions. Being honest, when I started down the track of introducing the Financial DNA profiles to my clients in 2001 and, before then asking more probing life orientated discovery questions, I did not necessarily expect such a process would be for everyone. Particularly in Australia where there is less personal openness than in the United States. There is no doubt that I was expecting resistance.....
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
Interestingly, the most common question that we have been asked by financial advisors is: How do I get my clients to take the profiles? Will they do the profiles? I have been in the shoes of the advisor introducing the Financial DNA Profiles and fully appreciate the questions. Being honest, when I started down the track of introducing the Financial DNA profiles to my clients in 2001 and, before then asking more probing life orientated discovery questions, I did not necessarily expect such a process would be for everyone. Particularly in Australia where there is less personal openness than in the United States. There is no doubt that I was expecting resistance.....
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
Communication is a significant theme in Financial DNA and one that I am often asked to talk about. Certainly, it is a foundational starting point in all of our work with advisors and clients. How advisors and clients communicate is not only important to the quality of the relationship but also to the quality of the financial decisions that get made. What happens when the communication is poor is that people start making decisions around each other because the trust has been diminished. Also, poor decisions get made because the information has not been heard as intended. The same is true when couples, families, business partners and teams communicate.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
Communication is a significant theme in Financial DNA and one that I am often asked to talk about. Certainly, it is a foundational starting point in all of our work with advisors and clients. How advisors and clients communicate is not only important to the quality of the relationship but also to the quality of the financial decisions that get made. What happens when the communication is poor is that people start making decisions around each other because the trust has been diminished. Also, poor decisions get made because the information has not been heard as intended. The same is true when couples, families, business partners and teams communicate.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
In order to understand where you are going (in life and financially), you first need to understand who you are. And in order to understand who you are, you need to understand where you came from. Your values, education and environment all interplay in a complicated way to determine your financial personality, and understanding the impact of these influences is key to the self-discovery process. Whether you are aware of it or not, your values are a very important part of what drives your day-to-day decision-making. However, many people go through life purporting to have certain values yet these values do not correlate with the way they live their lives. How many people say they value family but spend little quality time with their children? How many claim independence as a high priority and then work in a job that is more like a prison sentence? In cases like these, it may be that they are not acknowledging or recognizing their true values. Or it may be that they are not really living their lives in accordance with their values.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
In order to understand where you are going (in life and financially), you first need to understand who you are. And in order to understand who you are, you need to understand where you came from. Your values, education and environment all interplay in a complicated way to determine your financial personality, and understanding the impact of these influences is key to the self-discovery process. Whether you are aware of it or not, your values are a very important part of what drives your day-to-day decision-making. However, many people go through life purporting to have certain values yet these values do not correlate with the way they live their lives. How many people say they value family but spend little quality time with their children? How many claim independence as a high priority and then work in a job that is more like a prison sentence? In cases like these, it may be that they are not acknowledging or recognizing their true values. Or it may be that they are not really living their lives in accordance with their values.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
No one can deny the power of someone being passionate about something. We have all witnessed the all-consuming, potentially irrational attitude that is associated with a person pursuing their passion, whether it is their business, a religion, a sporting activity or the latest addition to the family. Uncovering your passion and then finding ways to incorporate that passion into your everyday life can be a difficult process. It can also be invigorating. Living with passion covers every aspect of your life so that even the most mundane acts become flushed with purpose. This is why understanding your passion is a fundamental part of the process of developing your financial plan. If you don’t know what drives and motivates you, how can you manage your financial resources appropriately?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
No one can deny the power of someone being passionate about something. We have all witnessed the all-consuming, potentially irrational attitude that is associated with a person pursuing their passion, whether it is their business, a religion, a sporting activity or the latest addition to the family. Uncovering your passion and then finding ways to incorporate that passion into your everyday life can be a difficult process. It can also be invigorating. Living with passion covers every aspect of your life so that even the most mundane acts become flushed with purpose. This is why understanding your passion is a fundamental part of the process of developing your financial plan. If you don’t know what drives and motivates you, how can you manage your financial resources appropriately?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
Where is your life going well now? Are your business and family relationships aligned? What is the purpose for your life? Are you making committed decisions? How do you want to be remembered? Building a Quality Life is a continual journey. There is always a way to make your life better no matter where you have got to: whether it is having extreme financial wealth, being the President of your company, a sporting star or community leader. Ultimately, how well you synchronize all aspects of your life is the key. In particular, what we have seen is that you cannot separate your life and financial decisions. They are integrated. So how does one continually balance these choices?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
Where is your life going well now? Are your business and family relationships aligned? What is the purpose for your life? Are you making committed decisions? How do you want to be remembered? Building a Quality Life is a continual journey. There is always a way to make your life better no matter where you have got to: whether it is having extreme financial wealth, being the President of your company, a sporting star or community leader. Ultimately, how well you synchronize all aspects of your life is the key. In particular, what we have seen is that you cannot separate your life and financial decisions. They are integrated. So how does one continually balance these choices?
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
This podcast will address how enhancing your communication is foundational to making more optimal decisions and enhancing the quality of your relationships and your overall life. We naturally communicate based on who we are, and how we see the world. How the other person hears the message, depends on who they are, so there is often a gap that needs to be bridged between what is said and what was heard. One of the keys to success in any relationship is closing this gap by communicating with the other person on their terms, and not your own.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
This podcast will address how enhancing your communication is foundational to making more optimal decisions and enhancing the quality of your relationships and your overall life. We naturally communicate based on who we are, and how we see the world. How the other person hears the message, depends on who they are, so there is often a gap that needs to be bridged between what is said and what was heard. One of the keys to success in any relationship is closing this gap by communicating with the other person on their terms, and not your own.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
This podcast will address how building trust in your self is foundational to the quality of your relationships and your overall life, and then five key trust building steps that you can adopt.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
This podcast will address how building trust in your self is foundational to the quality of your relationships and your overall life, and then five key trust building steps that you can adopt.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
This podcast will address a new framework for uncovering your risk profile which involves starting with your natural hard-wired behavior and then examining the impact of a wide range of influences that impact the risk you will take in making financial decisions.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
This podcast will address a new framework for uncovering your risk profile which involves starting with your natural hard-wired behavior and then examining the impact of a wide range of influences that impact the risk you will take in making financial decisions.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
The podcast will address the importance of knowing your life purpose for setting goals that you can be committed to, and an easy 5 step process for discovering your life purpose.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
The podcast will address the importance of knowing your life purpose for setting goals that you can be committed to, and an easy 5 step process for discovering your life purpose.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life
Hugh Massie talks about Financial DNA - learn to understand your unique financial personality and how this can enhance your Quality Life.
Financial DNA - Discovering Your Unique Financial Personality for a Quality Life!
Hugh Massie talks about Financial DNA - learn to understand your unique financial personality and how this can enhance your Quality Life.