Tag: Cash Flow
Understanding the Psychology of Money with Brendan Frazier – Part 2 (Ep. 18)

Understanding the Psychology of Money with Brendan Frazier – Part 2 (Ep. 18)

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What if money could buy happiness?

In this episode, Jim Sumpter, CFP®, and Brendan Frazier, Chief Behavioral Officer at RFG Advisory, continue their conversation about understanding the psychology of money with a focus on whether money can buy happiness. They unpack this fascinating question by diving into the often-overlooked connection between financial planning and happiness. A personal journey through the emotions and psychology of money, they explore how intentional spending can bring joy and fulfillment.

Jim and Brendan discuss: 

  • (02:00) Understanding the real value of money
  • (10:00) How life events reshape your financial mindset
  • (22:00) The impact of intentional spending on happiness
  • (29:00) Behaviors around investing and how to navigate uncertainty
  • And more

Tune in to discover how organizing your financial puzzle with a focus on cash flow and intentionality can lead to a more meaningful, happier life. Whether you’re a rookie in financial planning or a seasoned pro, this conversation will resonate with anyone looking to make smarter financial choices.

Connect with Jim Sumpter: 

Connect with Brendan Frazier:

About our Guest: 

Brendan Frazier is the Chief Behavioral Officer at RFG Advisory.

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Understanding the Psychology of Money with Brendan Frazier – Part 1 (Ep. 17)

Understanding the Psychology of Money with Brendan Frazier – Part 1 (Ep. 17)

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Are your financial decisions guided more by emotion than reason? Discover how understanding your financial behaviors can transform your money management skills.

In this episode, Jim Sumpter, CFP®, is joined by Brendan Frazier, Chief Behavioral Officer at RFG Advisory. They explore the often-overlooked psychological and emotional aspects of financial planning. You’ll learn why cash flow is the lifeblood of your financial plan and how small, incremental changes can lead to significant improvements in managing your finances. Brendan shares insights into behavioral barriers that often keep us from making the best financial decisions and offers strategies to help overcome them.

Jim and Brendan discuss: 

  • (02:49) The psychology of money
  • (08:12) Common resolutions and the challenges in keeping them
  • (12:58) Why cashflow is the foundation of a financial plan
  • (22:11) Overcoming procrastination in estate planning
  • (31:38) How past financial decisions influence future choices
  • And more

Join us to unravel the mental and emotional puzzles that impact your financial journey.

Connect with Jim Sumpter: 

Connect with Brendan Frazier:

About our Guest: 

Brendan Frazier is the Chief Behavioral Officer at RFG Advisory.

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Cash Flow: The First Piece of Your Financial Puzzle (Ep. 3)

Cash Flow: The First Piece of Your Financial Puzzle (Ep. 3)

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You want to take control of your finances but don’t know where to start. Sound relatable?

It’s time to unpack the first piece of your financial puzzle — cash flow.

Tune in as Jim Sumpter, CFP®, explains the role of cash flow in financial planning. Whether you’re just starting your career, gearing up for retirement, or navigating the middle, this episode is a must-listen for anyone looking to make smarter financial decisions.

Jim discusses: 

  • Why cash flow planning should be considered in every stage: wealth accumulation, preservation, and distribution
  • The need to understand gross vs. net income
  • The 50-30-20 rule to allocate your income effectively
  • How to optimize your emergency fund by dividing it into three tiers of cash reserves
  • Avoiding the costly endeavor of budget creeps
  • And more

Connect with Jim Sumpter: 

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