“Shoulds” Can Block Saving For Emergency Fund

For many Americans, one painful lesson of 2020 has been a first-hand demonstration of the importance of having an emergency fund. Yet knowing such a reserve matters is a far cry from creating one. According to BankRate, 72% of Americans don’t have an emergency fund...

Money Skills Matter For Life Success

A popular money script is to assume that fame, accomplishments, and excellence in one’s field equate to financial security. Like any money script, this can be true in some cases and incorrect in others. But it is interesting to me that the common attitude  is that...

In The moment – Financial wisdom for the holidays

Financial Wisdom For The Holidays by Lori Walsh | In the Moment Show 950 Hour 11/30/2020 https://kahlerfinancial.com/wp-content/uploads/2020/09/Financial-Wisdom-for-the-Holidays-.mp3 South Dakota Public Broadcasting Radio In The Moment with Lori Walsh… November 30,...

Money Scripts and Holiday Spending

The Christmas shopping season is in full swing. Some shoppers overspend on gifts and end up paying off credit card bills for months. Others drive themselves crazy trying to find exactly the right gifts for the right people. Others hate shopping so much that they find...

Change Money Behavior With Financial Therapy Tools

Problematic money behaviors are never about the money. Frequent readers of this column have seen me write about that over and over again. Suggesting cognitive action steps can only resolve about 20% of these behaviors. Take, for example, the challenge of making...