Understanding Relationships and Money: The Concentric Circle Method
This concentric circle exercise is a beautiful way to help prioritize...so much of how you and I have been able to protect our confidence, how you and I have been able to shift the way we think about things and see the world, is done with intentional action.
Ever thought about how your relationships influence your financial decisions? In this episode of Financial Sobriety, hosts Matthew Grishman and Jim Gebhardt tackle the intricate dance between money and our connections with others. Matthew opens up about his own journey, revealing how his drive to earn more money was initially fueled by a desire to care for his loved ones. However, he soon realized that focusing less on money and more on relationships was the key to true happiness.
Matthew and Jim introduce the concept of concentric circles to help listeners map out their relationships, from the innermost circle of closest loved ones to the outer rings of acquaintances and social media contacts. This exercise isn't just theoretical; it's a practical tool designed to help you prioritize who truly matters in your life. They emphasize the importance of intentional actions and being mindful of how relationships and finances evolve over time.
This episode is packed with relatable stories and practical advice, making it a must-listen for anyone looking to better understand the interplay between their financial habits and their relationships. Whether you're trying to balance your budget or your social life, Matthew and Jim offer insights that can help you find a healthier, more fulfilling path.