Select Episode: Understanding Your Inherited Financial Psychology

Guts, Grit & Great Business®

Select Series: In this special Select episode, we'll delve into "Understanding Your Inherited Financial Psychology" with Michelle Arpin Begina. Originally aired as Episode 69 of Guts, Grit & Great Business® on June 15, 2021, it's a conversation that remains as relevant and insightful as ever. Whether you're tuning in for the first time or revisiting it as a longtime listener, we're thrilled to have you with us. With Michelle Arpin Begina, a financial advisor, a Certified Financial Planner (CFP®), and a Certified Investment Management Analyst (CIMA®). Michelle is also an author and speaker, and launched her own business, MichelleAB, which is dedicated to empowering professional women to step into financial freedom so that they can enjoy their wealth and make their boldest, most inspired decisions from a place of confidence. Join us for this fabulous conversation where Michelle’s shares about her earliest memories from childhood related to money, and how her own money story was shaped. She shares her parents' feast or famine patterns with money, and how through their communication (including TMI at times) and behaviors, they taught her different lessons about money. You'll hear Michelle discuss the difference between things that are private versus things that are secret, and how secrets harm, including in our financial lives. Michelle also shares about how parents can talk in healthy, helpful, and age-appropriate ways about money and finances with their children, what the meaning of wealth is, and about contextual self-control which illuminates how our motivations show up differently, in different areas of life. Michelle has used the money lessons from her life to rethink how financial advisors and their clients have traditionally worked together. Rather than thinking of her role as a gatekeeper of portfolios, she sees real value in being a gateway to personal financial freedom. To support her clients on their unique wealth journeys, Michelle is a technician of financial planning, investment, and wealth management. But what differentiates Michelle from other financial advisors is that she has spent the last two-plus decades studying the unconventional, non-financial aspects of life satisfaction, financial therapy (it’s a thing), behavioral bias, choice, and decision advising. She believes we all need to examine the money stories, scripts, and lessons that affect our financial psychology so that we can rethink what we know about money to have more of it. Michelle lives in Wyckoff, NJ with her husband, Mike and sons, Alex and Nick. She is an avid photographer – her sons are her favorite subject! Learn more by visiting the show notes at www.legalwebsitewarrior.com/podcast/michelle-arpin