Rapid City Hosts National Financial Therapy Meeting
Financial Planners and Therapists Arrive in Rapid City to Discuss Why Financial Therapy Critical to Economic Recovery
Rapid City’s Kahler Financial Group Hosts Meeting This Friday & Saturday October 30 & 31
Rapid City, SD, October 26—For many individuals, this year’s Great Recession sent their mental health into a great depression. As the nation attempts to rebound both emotionally and financially from the recent economic turmoil, more than 50 financial planners and therapists from around the country will meet near Rapid City this Friday and Saturday October 30 and 31 to discuss how financial therapy may lead to financial recovery.
The gathering is organized by the Nazrudin Project, a leading group of financial planners and other professionals who believe that sound financial planning concerns the whole person and not just dollars. Rapid City’s Rick Kahler, a fee-only financial planner who has co-authored four books on money psychology and financial planning, is hosting the meeting at the K Bar S Lodge 434 Old Hill City Road, Keystone.
“The true threats to the economy and our own financial well being are the financial choices individuals make every day and how what we think, feel and believe about money—“money scripts” – influence these decisions,” says Kahler, a pioneer in uniting traditional financial planning with psychology. “Since the recession started there has been no shortage of financial advice, but knowing what to do with money is not enough until we remove emotional barriers.”
Financial planners and professionals attending this week’s meeting will discuss the growing urgency for individuals to address both financial and mental health issues as they continue to face economic challenges, and how the financial planning and mental health fields can work together to provide better support and guidance.
Kahler’s clinical trial research found the amount of depression and anxiety money causes is significantly reduced when financial planners and mental health therapists work together to help clients. Additionally when individuals address their emotional issues around money, they can better manage their finances and as a result reduce the risk of destructive financial behaviors, such as over spending or selling all their investments.
Members of the media are invited to attend portions of this meeting from 8:30 a.m. to 5:00 p.m. Friday and Saturday, and interview some of the nation’s leading experts on these issues. Advance phone interviews are available for radio and print. Please contact Pam Kassner, 414-510-1838, in advance of the meeting, or Rick Kahler 605-390-7563, or the K S Bar Lodge at (605) 666-4545 and ask for a message to be delivered to Kahler in the “Nazurdin Meeting” on Friday and Saturday.