Health, Wealth, and Human Nature: Understanding Why You Spend and How to Change

Website:https://tedmclyman.com/

Free Resource Link:https://tedmclyman.com/product/complementary-3-step-guide-to-spending-smart/

In this episode, I introduce you to Ted McLyman.

If spending smart were just about willpower, you’d be rich by now. The financial industry treats you like a robot, assuming you’ll always make the logical choice. But as you know, a ,"Sale" sign can defeat a logical plan in seconds.

Ted used to be a financial advisor, but not anymore. He stopped pushing people into one-size-fits-all plans. He created a system that uses behavioral science to make smart spending easier.

Before becoming a 'Reformed Financial Advisor,' Ted served as a US Marine Corps Lieutenant Colonel and an Economics Instructor at the U.S. Naval Academy. His experience spans from combat zones (Desert Storm, Urgent Fury) to the boardroom, where he served as Aide to the Assistant Secretary of the Navy for Financial Management.

Post-service, Ted managed money as a Registered Investment Advisor (RIA), founded Apexx Behavioral Financial Group, and co-founded DreamSmart Behavioral Solutions. He holds degrees from Colgate (BS), Boise State (MS), and Pepperdine (MPA), and have published five books on spending smart.

Today he speaks about:

Introduction and Background of Ted McLyman (0:09)

Ted's Journey from Financial Advisor to Behavioral Financial Expert (2:54)

The Role of Biology, Culture, and Beliefs in Financial Decisions (4:53)

Connection Between Financial and Health Decisions (7:41)

Reframing Financial Decisions with Behavioral Science (8:48)

Practical Tips for Better Financial Decisions (14:04)

Conclusion and Final Thoughts (15:40)

Join me for this episode of Mommy Heal Thyself to learn more about optimizing your financial health.