Money Coaching: Understanding Money, Ourselves, and Well-Being

With Dennis Harhalakis | Certified Money Coach (CMC)® | Founder of Cambridge Money Coaching Summary Dennis shares his journey from knowing a lot about money to realizing he didn't know much about money and himself. He discovered his inherited money anxiety and how it affected his behaviours and beliefs (unconscious to himself). Self-forgiveness and self-compassion played a crucial role in his journey of change. Money coaching is different from financial coaching in that it focuses on the why behind financial behaviours and helps individuals understand their money patterns and beliefs. It involves reaching out to clients, validating their feelings, and building trust and connection. Dennis discusses the importance of creating a safe space for clients to talk about money and building trust with them. He emphasizes the need to meet clients where they are and normalize their feelings about money. Dennis also highlights the significance of understanding a client's money history and beliefs in order to help them make financial decisions. He explores the idea of having a healthy relationship with money, which is based on positive feelings about oneself, money, and money in oneself. Highlights: Money coaching focuses on understanding the why behind financial behaviours and beliefs. Self-forgiveness and self-compassion are essential in the journey of change. Inherited money anxiety can affect behaviours and beliefs around money. Money coaching involves reaching out to clients, validating their feelings, and building trust and connection. Create a safe space for clients to talk about money and build trust with them. Meet clients where they are and normalize their feelings about money. Understand a client's money history and beliefs to help them make financial decisions. Develop a healthy relationship with money based on positive feelings about oneself, money, and money in oneself. Recognize one's own worth and sufficiency. Quotes: "I knew a lot about money, but not much about money and myself." - Dennis Harhalakis "Self-forgiveness and self-compassion play a role in the journey of change." - Dennis Harhalakis "People want to talk about money desperately. We haven't always had the environment or the trusting person that we feel like we can share." - Dennis Harhalakis Links: Dennis' Website: CLICK HERE