Behavioral economics, the idea that money and emotions can intersect, certainly broadens the discussion of how to attain financial fitness. But as our guest, Connie Kilmark, financial counselor and consultant explains, everyone has a financial personality. This frames our behavior regarding money and is especially important in couples’ dynamics. Opposites may attract, but if one partner is a risk-taker and spontaneous while the other methodical and risk-averse, problems can arise, linger and grow.
When planning for a long, healthy, purposeful life, it is critical to include what constitutes a sense of financial well-being. This program discusses some things you need to consider.