Redefining Wealth: Matthew and Jim's Guide to Financial Sobriety
Money doesn't generally last three generations.
Have you ever wondered if your relationship with money is holding you back? In this episode of 'Financial Sobriety', hosts Matthew Grishman and Jim Gebhardt tackle the concept of true wealth and its impact on our lives. They kick things off with the intriguing history of the 'bag o' crap', a term that might make you chuckle but holds significant lessons about financial habits and mindsets.
Matthew and Jim dive into the importance of taking a thorough inventory of what you have—not just in your bank account, but in all aspects of life. This episode introduces the FORM framework—Family, Occupation, Recreation, and Money—a holistic approach to evaluating and improving your relationship with finances. Whether you're looking to mend strained relationships or boost your financial literacy, FORM offers a structured yet flexible path forward.
The hosts also discuss the pitfalls of inherited wealth, sharing personal stories and hard-earned wisdom about how sudden financial gains can strain relationships and undermine work ethic. They pose four critical questions about your relationship with money, urging listeners to reflect deeply and honestly. With a blend of humor, personal anecdotes, and actionable advice, Matthew and Jim make complex financial concepts accessible and engaging.
This episode is perfect for anyone seeking to understand their financial behaviors better and take steps toward a healthier, more intentional relationship with money.