In this week’s episode of Money Glow Up, host Tiffany Aliche speaks to Michael Liersch, head of Advice and Planning for Wealth and Investment Management at Wells Fargo. Liersch offers insight for managing financial stress, budgeting, and why people so often find themselves financially strapped during the holidays.

Tiffany Aliche creates a space to share real and inspiring money stories, learn financial fundamentals, and build your future. Step into the classroom with Money Glow Up with Tiffany Aliche—aka The Budgetnista—to jump-start your financial journey.

Have a money story of your own? Questions? Fan mail? Email us at [email protected].

Find this episode's transcripts and more episodes of Money Glow Up at http://finance.yahoo.com/videos/series/money-glow-up/.

01:25 - Michael Liersch joins Money Glow Up

02:05 - Liersch's background in cognitive psychology

02:50 - Most common holiday financial stressors

03:43 - How cognitive psychology explains holiday debt

04:37 - How to manage holiday stress

05:58 - Budgeting for holiday gifts

13:19 - Best practices for credit card use

14:49 - Financially preparing for the new year

15:39 - Having a financial accountability partner

16:28 - Tips for decreasing financial anxiety

18:35 - Liersch's holiday gift nostalgia

20:15 - Why you should talk openly about money

20:49 - Takeaways

Yahoo Finance's Money Glow Up is hosted by Tiffany Aliche, and produced by Lauren Pokedoff and Shelby Boamah.