Today, I’m joined by Kevin Reardon and Deb Meyer to discuss how emotions, societal pressures, and behaviors shape our financial decision-making, especially as Catholics. We explore how fear, greed, and herd mentality can lead to poor financial choices and stress the importance of discipline, diversification, and aligning our actions with core values and faith. Drawing from personal stories, we emphasize the value of creating a clear, personalized financial plan to resist consumer-driven urges and external expectations, like "keeping up with the Joneses." As financial advisors, we see our role as fostering accountability, promoting long-term financial health, and helping clients strike a balance between enjoying life now and securing their future—all while trusting in God’s providence to guide the journey.

Key Takeaways:

• Asking “Where is God in my financial planning?”

• How to avoid get-rich-quick schemes.

• Consideration of how different emotions may play into your financial plans.

• How to choose your influences and avoid “keeping up with the Joneses.”

• What values you should outline for your finances and how to include faith.

Key Timestamps:

(00:00) - Emotional Influences on Financial Decisions  

(02:44) - Fear and Greed in Financial Planning  

(06:35) - Personal Stories of Financial Mistakes  

(12:07) - Marketing and Peer Influences  

(22:05) - The Importance of Having a Financial Plan  

(29:26) - Accountability and Support in Financial Planning  

(35:21) - Conclusion and Contact Information  

Key Topics Discussed:

Catholic Money Mastermind, Catholic financial planning, Catholic financial planners, Catholic financial advisors, Ben Martinek, faith and finances, Deb Meyer, Kevin Reardon, consumption, get rich quick, keeping up with the Joneses

Mentions:

Deb’s Website: https://www.worthynest.com/ 

Kevin’s Website: https://www.shakespearewm.com/  

More of Catholic Money Mastermind:

Catholic Money Mastermind Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

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