Michelle Arpin Begina: Empathy and the Bottom Line

Nearly every high performer has something that keeps them from fully stepping into their confidence of ownership around their finances. But did you know the key to not only being successful with money yourself, but understanding your spouse, colleagues, or employees is empathy? Today, I get to speak with Michelle Arpin Begina, a financial advisor who believes we all need to examine the money stories, scripts, and lessons that affect our financial psychology so that we can rethink what we know about money to have more of it. We talk about how your childhood impacts your money story and beliefs long into adulthood, how financial advisors are evolving to better partner with clients by understanding the emotions they have behind their money, and how you can better understand your money story (as well as that of your spouse, colleagues, or partners) and how it’s impacting your bottom line at work and at home.

 

Key Takeaways:

  • We need to be more focused on the money psychology than we are about the money math.  Some progressive school districts are adding this to the curriculum.
  • We get messages communicated to us, covertly and overtly, by our parents about money. Those become our money scripts, which are our subconscious beliefs about money.
  •  If money were a math equation, we’d be ruthless in cutting our expenses and we would be as aggressive as we possibly can be with our money. Almost no one can live that way.
  • We listen each other off the ledge. It pays to get insanely curious about who you are talking to and be comfortable in the silent moments. 

 

“We find that when delivering numerical or financial information to prove our case and that person is not able to get their mind around it to take action, that tells you right there, there’s something emotional going on.” —  Michelle Arpin Begina

 

About Michelle Arpin Begina:

Michelle Arpin Begina, CFP, CIMA

Financial Advisor and Founder, MichelleAB.com

 

Michelle Arpin Begina is an advisor, author and speaker who has used the money lessons from her life to rethink how financial advisors and their clients have traditionally worked together. Rather than thinking of her role as a gatekeeper of portfolios, she sees real value in being a gateway to personal financial freedom. 

To support her clients on their unique wealth journeys, Michelle is a technician of financial planning, investment, and wealth management. But what differentiates Michelle from other financial advisors is that she has spent the last two-plus decades studying the unconventional, non-financial aspects of life satisfaction, financial therapy (it’s a thing), behavioral bias, choice, and decision advising.

She believes we all need to examine the money stories, scripts, and lessons that affect our financial psychology so that we can rethink what we know about money to have more of it.

Michelle lives in Wyckoff, NJ with her husband, Mike and sons, Alex and Nick. She is an avid photographer – her sons are her favorite subject!

 

Connect with Michelle:  

Website (and download her Good with Money Success Formula Guide): MichelleAB.com

Instagram: instagram.com/michellearpinbegina

LinkedIn: linkedin.com/in/michellearpinbeginacfp

 

Don’t forget to download your free guide! Discover The 5 Business Benefits of Empathy: http://red-slice.com/business-benefits-empathy

 

Connect with Maria: 

Get the podcast and book: TheEmpathyEdge.com

Learn more about Maria’s brand strategy work and books: Red-Slice.com

Hire Maria to speak at your next event: Red-Slice.com/Speaker-Maria-Ross

LinkedIn: Maria Ross

Instagram: @redslicemaria

Twitter: @redslice

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