In this episode of the Healthy Love and Money Podcast, I sit down with Rachel Lawrence, a financial planner and the Head of Advice and Planning at Monarch Money. Rachel has an incredible personal journey with money that shaped her passion for financial planning and cash flow management. She shares her insights on how couples can collaborate around money, eliminate shame from budgeting, and use tools like Monarch Money to make financial conversations smoother.

Quotes:

“Money isn’t just about numbers—it’s about emotions, relationships, and identity.” – Rachel Lawrence
“You don’t have to be perfect with money to make progress. The goal is to make it work for your life.” – Rachel Lawrence

Key Moments:

⏳ [1:10] Rachel shares her personal journey with money and why she named her firm "Reverie Wealth"

⏳ [5:20] Why Rachel wants to impact millions of people with financial planning

⏳ [8:30] How Monarch Money is changing the way couples collaborate on cash flow

⏳ [10:00] The best budgeting tip for couples: Tagging transactions to avoid money fights

⏳ [12:50] How Monarch Money saves couples time in financial conversations

⏳ [15:30] Why blended families and financial planning go hand in hand

⏳ [17:00] The historical and societal impact on financial struggles, especially for women and marginalized groups

⏳ [19:50] Rachel’s deep dive into money trauma and personal growth

⏳ [25:10] How growing up in a financially unstable household shaped Rachel’s career

⏳ [28:30] The intersection of money, shame, religion, and identity

⏳ [35:00] The importance of financial authenticity and why personal finance is never one-size-fits-all

⏳ [38:30] How financial planning needs to recalibrate with life’s changing priorities

Resources & Links:

🔗 Connect with Rachel Lawrence:

• Website: Reverie Wealth
• Monarch Money: Monarch Money
• Instagram: @RachelFP
• LinkedIn: Rachel Lawrence

📖 Recommended Resources:

• The Body of Money by Gayle Colman
• The Psychology of Money by Morgan Housel
• Monarch Money – A Game-Changer for Couples

💡 Connect with Ed Coambs:

• Website: Healthy Love and Money
• Instagram: @HealthyLoveAndMoney
• LinkedIn: Ed Coambs

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Podcast Disclaimer

This podcast is for educational and informational purposes only and reflects my experiences as a financial therapist and Certified Financial Planner™. It is not a substitute for professional financial, legal, or mental health advice. Every individual’s situation is unique, and I encourage seeking personalized guidance from a qualified professional.

Thank you for listening—your financial and relational growth starts here!