Using “Money Scripts” for Better Financial Planning

At Kahler Financial Planning in Rapid City, S.D., new clients fill out long questionnaires that probe their thoughts, feelings and beliefs about money.

The firm’s wealth managers develop composites of their clients’ “money scripts”–powerful internal dialogues that shape their financial decisions. Then the firm can work with their clients to help them overcome their irrational or self-destructive thoughts to achieve better and more realized financial plans.