You're probably unfamiliar with The Nazrudin Project. That’s understandable. They don’t have a website. There is no organization. They don’t have leaders. The Nazrudin Project is often described as a leaderless, eclectic, and holistic group of financial life planners, therapists, authors, educators, and coaches. So why should you care? Why a podcast on this group? To let you know there are financial professionals passionate about the heart and soul of helping people make good financial and life decisions. If your financial planner, therapist, or coach is a member of the Nazrudin Project, you are probably in good hands. 

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

Perhaps the most common reason for wanting to control a legacy is a spendthrift heir. Giving a chronic over spender an inheritance in hope that it will help change their money behavior is almost always magical thinking. Most lump sum inheritances disappear within a few years in the control of an over spender. Does it make sense to leave inheritances with strings attached? My typical answer is “it depends.” It’s natural to want your legacy to be used wisely but trying to control from beyond the grave can have unintended consequences. Read more here. 

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

When someone in this position calls me for help in changing a hurtful financial behavior, I struggle with the next question: So what does a person do? What are the next steps? Typically, I explain that the solution does not lie in knowing more information, but in understanding the emotional baggage that underlies the behavior. The best thing to do is call a financial therapist. The next best thing is to employ some of the tools used by a financial therapist to begin to understand your interior financial landscape. Read more here. 

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

Financial Trauma are money-related occurrences that, either as single extreme events or chronic patterns, can overwhelm a person and become traumatic. Some emotional signs of financial trauma are depression, ambivalence, regularly reliving the original event, anger, mood swings, overeating, trouble concentrating, chronic fear, shame, and anger. Emotional trauma can develop around eight general types of money events: giving, receiving, spending, saving, loaning, borrowing, earning, and taking. Typically, if you feel a sense of shame around any of these, there may be some past financial trauma. Read more here. 

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

One of my retired clients is fond of telling me, “Growing old is not for the faint of heart.” As we age, it becomes increasingly important for us to have a support system that will advocate for us, or “have our back.” Putting such a support system in place doesn’t just happen; it takes time, money, and intentionality. I know far too many people who have no one looking after their emotional, physical, or financial wellbeing as they go through retirement. Many struggle through their retirement unnecessarily because of the lack of past financial planning and the impact of poor financial decisions. It’s heartbreaking to watch, especially when the suffering was unnecessary. There are several missteps people can make during retirement. Read more here for more information.

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

The FIRE (Financial Independence, Retire Early) movement advocates extreme frugality in order to retire as early as age 30. The biggest challenge with the skills and discipline needed for a FIRE plan is not starting it (which isn’t necessarily easy) but stopping (which can be very difficult). Why? Like building an actual fire, building frugality into one’s lifestyle starts slowly. For some savers, especially FIRE advocates, frugality can become a way of life, a game, and a habit that’s hard to break. It can become, not the means to reach the goal of financial independence, but the goal itself. This is what I call “Frugality Syndrome.” A long-term focus on frugality, like a raging wildfire, has a momentum that’s difficult to stop.  Read more here.

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

Dick Wagner, CFP, was fond of saying that understanding money and how it works is a 21st Century survival skill. This is not an exaggeration. What you don’t know about money—as well as what you think you do know about money—has the potential to literally kill you and those you love.  A comprehensive research project done by Columbia University in 2011 on the impact of social factors on mortality found that 4.5% of U.S. deaths could be attributed to poverty. Research overwhelmingly supports a huge correlation between financial illiteracy and not having enough money. Read more here.

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

People that have money scripts like, “You should not tell others how much money you have or make,” “Money should be saved not spent,” and “I would be a nervous wreck if I did not have money saved for an emergency,” typically struggle with Money Vigilance.  “Work hard, play hard” is a foreign concept to Money Vigilants. This money script category is associated with poor relationships, lack of leisure time or activities, poor sleep, anxiety, and a lack of having “fun”.  If you are a Money Vigilant there is a way to have money and serenity.  

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

People that have money scripts like, “People are only as successful as the amount of money they earn,” “If something is not considered the ‘best,’ it is not worth buying,” or “Your self-worth equals your net worth,” typically struggle with Money Status. This money script category is often predictive of compulsive buying disorder, gambling, financial dependence, and financial infidelity. We all want to be successful. These thoughts and feelings are normal, but when left unexamined they can lead to detrimental financial outcomes. .  If this is you or someone you love, listen in to learn more and tips on how you can begin to improve this financial condition.

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..

Do you know someone that believes that “Things would get better if I had more money,” “More money will make you happier,” and “Money would solve all of my problems.” If so, their majority of their beliefs about money may fall into a category that financial therapists call Money Worship. People with a high level of these types of money scripts are associated with being young, single, lower levels of education, income and net worth higher levels of credit card debt, and often have a range of self-defeating money behaviors.  If this is you or someone you love, listen in to learn more and tips on how you can begin to improve this financial condition.

A podcast that blends the nuts and bolts of financial advice with the emotions that drive our money decisions.
Join Rick Kahler, CFP®, CFT™, as he blends practical financial wisdom with the emotional insights that shape our choices. Discover how financial therapy can help you make money decisions that truly align with your values..