Ep.169 – Dr. Jennifer Dragonette – Uncovering Core Values for Financial Clarity and Emotional Balance
Imagine trying to find your way in the dark without a light. Even if you have a plan, do you have a light to help show you the way?
Our purpose and values are the light that helps to guide us along our lives and weaves itself into our financial plans. Our resident therapist expert, Dr. Jennifer Dragonette, helps us explore how deeply our emotions and core values influence financial decisions, especially as we transition through various life stages.
Dr. Jen shares a fascinating exercise to help you quickly identify your core values, providing a clear lens through which you can assess and make financial choices that resonate with what truly matters to you. We also discuss the therapeutic overlap in financial planning, uncovering how confidence, fear, and intentionality play critical roles in managing finances effectively.
Whether you're grappling with aligning financial actions to your life values or simply curious about understanding the barriers to your personal goals, this episode offers compelling perspectives and practical tools to help navigate your financial and emotional landscape.
Please enjoy my conversation with Dr. Jennifer Dragonette.
Connect with Paul
Contact Paul here or schedule a time to meet with Paul here.
Follow Paul on LinkedIn, Instagram, and Facebook.
And feel free to email Paul at pfenner@tammacapital.com with any feedback, questions, or ideas for future guests and topics.
ADDITIONAL RESOURCES YOU MAY LIKE
1 Big Idea to Think About
aligning one's financial decisions with core personal values, rather than being driven by fear or societal expectations, can enhance both emotional well-being and overall life satisfaction during significant life transitions like retirement.
1 Way You Can Apply This
You can apply these learnings by identifying your top core values and integrating them into your daily actions and decisions. Start by defining your values, reflecting on how well they align with your life, and making intentional adjustments to prioritize them—such as dedicating time to what you value most or aligning your financial habits with what brings you fulfillment and balance.
1 Question to Ask
Am I making financial decisions based on my core values, or am I letting fear and anxiety dictate my actions?
Key Moments From the Show
04:35 Transition in Life Stages: Core values remain stable, but financial habits change during retirement.
07:22 Struggle with Spending: Retirees often find it hard to shift from saving to spending.
09:15 Emotional Influences: Fear and anxiety heavily influence financial decisions.
12:40 Aligning Actions with Values: Importance of living in line with values rather than financial constraints.
16:05 Barriers and Confidence: Identifying and addressing barriers to pursuing life values.
20:23 Dr. Jennifer Dragonette's Exercise: Identifying core values through a timed selection process.
24:15 Unique Values: No two individuals select the same core values.
28:30 Future Conversations: Plans to explore how to create space for personal values in future episodes.
31:10 Therapeutic Overlap: Discussing the intersection of financial planning and therapy.
35:18 Purpose vs. Goals: Differentiating ongoing direction from temporary goals.
38:42 Personal Reflection: Paul shares his experiences in aligning financial planning with values.
42:27 Identifying Obstacles: Recognizing and addressing real obstacles preventing value-aligned living.
45:30 DBT Options: Exploring choices in response to life situations to understand agency within limitations.
Resources Featured in This Episode:
Two Pieces of Data Tells the World About You
You Have the Power: Taking Control of Your Life and Finances