Episode 228 – The Psychology of Wealth and Financial Confidence with Michelle Arpin Begina
September 10, 202414m 24s
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Show Notes
Michelle Arpin Begina is a Senior Partner and Managing Director at Snowden Lane Partners. Snowden Lane is a $13 billion RIA firm providing global independent wealth advice.
In this podcast, Michelle discusses her book Be Good with Money, drawing from her 30-year career to offer insights combining social psychology and financial therapy.
Also discussed:
- The inspiration behind the book and its target demographic of those successful in life but struggling with their financial self-perception.
- Understanding the deep emotional ties to money that stem from childhood, influencing adult financial behaviors.
- The concept of “secrecy bias,” highlighting how the taboo of talking about money can hinder people from achieving their full financial potential.
- The book’s aim to help readers better navigate financial challenges by reflecting on their relationship with money and breaking secrecy biases.
- Michelle promotes financial psychology, having helped New Jersey become the first state to include it in financial literacy standards for K-12 education.
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