Overcoming Our Fear Around Money with Spencer Sherman, CFP

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Do you sometimes feel your sense of self-worth shrinking along with the balance in your bank account? Most of us do, to some degree, at least. As a child, Spencer Sherman learned to be fearful around money issues, but as a professional financial advisor he now helps others overcome their fears about money. He helps bring ease and freedom to those who don't feel secure, no matter how much they have, and to those who let emotions prevent them from making smart financial decisions. But each of us can learn to make better decisions, he says, because "there's an opportunity here, with money, for us to see that we don't have to go to the experts. We don't even need to read tons of financial books. We just have to resolve our emotion around money, and then we can all start making really good financial decisions. We know to spend less than we earn. But somehow we've let go of those basic rules of wisdom because something from the past is keeping us from following what we know to be the right thing to do with money." But it's not just about finance. For Spencer Sherman, money is a vehicle for spiritual growth. He'll show you how you can use money as a tool for daily practice, and learn to feel sufficient within yourself-regardless of your net worth. (hosted by Michael Toms)

Bio

Spencer Sherman, CFP, has been named a top financial advisor by Worth magazine, Bloomberg Money Manager, and Medical Economics, and a top business leader by Philadelphia Business Journal. He is a principle in Abucus Wealth Partners and lectures and teaches workshops on the emotional relationship to money. He was selected to write the chapter "Money: the Surprising Aphrodisiac" in an anthology on relationships with Deepak Chopra, Wayne Dyer, Scott Peck, Thich Nhat Hanh, and others.

Mr. Sherman is the author of:

• The Cure for Money Madness: Break Your Bad Money Habits, Live Without Financial Stress--and Make More Money! (Broadway Books 2009)

Topics Explored in This Dialogue

• What's missing from your financial statement that will increase your net worth exponentially
• Why you don't need to know much about money
• When abundance can be detrimental to your sense of self-worth
• Why having less money can enrich your relationships
• Why talking about money is more frightening than talking about sex
• How you can find great spiritual and financial opportunities in the current economic crisis