How to be better with money is something almost everyone wants to know more about. And Doug Lynam is the guy to talk to about your money, your budget, finances, your blocks about money ... like that.
Doug is an industry thought leader in ethical and sustainable investing, founder of the non-profit ESG Fiduciary™ Institute, a partner at LongView Asset Management, LLC, in Santa Fe, and he's devoted his life to service.
He's also the author of the popular book From Monk to Money Manager and has been a guest on this show many times.
In this episode, Doug and Melanie talk about why money is such a tender spot for so many people, as well as money trauma, money wounds, and healing our money wounds.
Doug explains the basics of attachment theory from psychology, and how that's pertinent to our relationship with money. And he discusses the meaning of this quote: “the quality of [our] financial life has a bigger impact on [our] perceived wellbeing than the combined benefits of fitness, job satisfaction, and my overall relationship stability.”
Yep, there's a strong relationship between how we feel about money and our happiness.