Spark Something New
What would it look like to be in love with your life? What would it take to live as you to show up as your full and authentic self? What would you need in order to find rest? It would take a spark of something new! Something to help you think differently, act differently, build relationships differently, and lead differently. You'll find that spark here, on the Spark Something New Podcast!
Spark Something New
Episode 11: The Emotional Side of Money
On this episode, I chat with Alex Langan, Chief Investment Officer at Langan Financial Group. Alex dishes on crucial money matters affecting everyone – from staggering statistics on how finances impact mental health to the fact that a majority of Americans lack adequate savings.
He emphasizes seeing money as a tool rather than the end goal, destigmatizing financial struggles, and provides actionable tips like tracking expenses and understanding necessary vs. discretionary spending. We also dive into reducing financial arguments in relationships and small steps for building a healthier financial future.
Join us as we spark new insights and better money habits together!
00:28 Meet Alex Langen: Financial Expert
01:36 The Importance of Money Conversations
02:07 Shocking Money Statistics
05:10 Understanding Money as a Tool
06:46 Practical Money Management Tips
08:31 Tracking Spending and Budgeting
18:22 Misconceptions About Money
21:10 Exploring Money Market Accounts
21:24 Misconceptions About Financial Security
21:39 Financial Disputes and Divorce
22:21 Approaching Financial Conversations with Your Spouse
25:37 Conventional Wisdom About Money
27:46 The Future of AI in Financial Planning
31:21 Transitioning from Law to Finance
33:26 Helping Others with Financial Planning
36:31 Resources for Financial Education
38:16 Final Thoughts and Takeaways
EPISODE RESOURCES
- Connect with Alex Langan on LinkedIn
- Learn more about Langan Financial
- Book Recommendation: "Rick Dad Poor Dad" by Robert Kiyosaki
- Financial Management Tool Recommendation: Tiller
- More resources on the episode page.
Connect with Katie on LinkedIn, Facebook, and Instagram. You can also get free resources to help you on your purpose journey at www.lightecho.co.