FPA Connect: Status Driven Financial Behaviors: Are Clients Trying to Fit In or Stand Out?
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September 15, 2022 @ 12:00 pm - 1:00 pm EDT
We typically think of status as wanting to appear as if we have influence and are important. It’s generally associated with negative, manipulative or superficial behaviors which are often connected to a hidden agenda. The thought is if I appear affluent, generous or successful, I will have more influence, power, or friends. That it will help me get the job, invite or other goal that is important to me. However, status is much more than that. Understanding the more nuanced and broader definition that is related to acceptance by family, friends, colleagues or other influential groups can help us work more effectively with clients who seem stuck on status-related financial behaviors that sabotage their financial intentions.
Presenter: Syble Solomon
Syble Solomon is one of the pioneers to focus on how emotions influence financial behaviors. She is the creator of Money Habitudes, a money personality profile to make the tough topic of money easy to talk about. It also provides instant insights into the underlying habits and attitudes that motivate and reinforce financial behaviors. She is a popular speaker on the psychology of money and has presented at diverse events from the NFL to national non-profit events. She served on the AFCPE Board or Directors and was the recipient of AFCPE’s Mary Ellen Edmondson Educator of the Year Award. Syble has been quoted in over 100 popular and professional publications including Morningstar, WST, NYT and Psychology Today and was a contributor to Military.com. She is a Board Certified Coach and has a B.A. in economics from Douglass College, Rutgers University, M.Ed. from George Washington University and was a doctoral fellow at University of Pittsburgh.