Wealth Transfer and Family Conflicts
In virtually all families, assets will be transferred from one generation to the next. Yet when those assets carry significant monetary value, as is customary within wealthy families, inter-generational conflict can often arise and develop into a serious issue. Careful thought and expert insight can mitigate the risk of conflict, enabling wealth transfers to lead to a harmonious and wealthy next generation who continue the family’s mission and vision. […]
Philanthropy – For the love of mankind
Having a healthy relationship with money allows us to be truly free in our giving, whether it is through charity or any other form, and thus become philanthropists in a way that purely represents our love of mankind. Though many of us use the words charity and philanthropy interchangeably, their meanings are very different. […]
Our Relationship with Money – Part 2:- Health and Wealth
We all have a relationship with money whether we know it or not. This relationship determines how we think, speak and act about money. It also impacts relationships. We have all witnessed how relationships can be stressed and hurt when financial affairs are perceived by one side or the other to be unfair; how communication breaks down; how resentment can burn deeply… This relationship will show up everywhere in our lives, from our investment decision making, spending and saving habits, the estate planning process to how much we give away and the choices we make. […]
Affluenza and Wealth Psychology: When Your Spouse Spends Too Much…
Client: “My husband and I both come from families of wealth and are lucky not having to had to work beyond managing the incomes our parents had created for us. In the five years we’ve been married we’ve traveled extensively, done philanthropic work – just this year, started a family. But there’s a threat to our lifestyle that I’m worried about: my husband’s need to always have the latest and the best material things. It isn’t just unseemly to me, the costs are getting out of hand and could undermine our core finances. How can I help him to resist the pressure of keeping up?” […]
Money and Psychology: Having It All And Still Feeling ‘Amiss’?
During my work I have observed that many successful and intelligent people and families who have almost everything money can buy, share that they experience challenges relating to their wealth, success or statues beyond investments, succession, governance structure or wealth preservation. At times they even experience a sense of “amiss”, “emptiness” or inner dissatisfaction, but are not able to explain why. […]
The Psychology of Relationships: Have a Need to Control Your Spouse?
A person who has existing inner feelings of helplessness, worthlessness, weakness, lack of confidence, or other difficult emotions, will exercise emotional or physical control over their spouse (usually subconsciously), in order to force things to go their way and according to their will. It is done to regain a sense of security and strength. When things progress contrary to the expectations and needs of the “controlling spouse”, he/she may exploit different types of “power” to regain control and get their way; even if their actions are done against their partner’s wishes. It is helpful to understand that this process occurs mainly at the subconscious level. No wonder that many couples claim “we no longer [...]
Relationship Psychology: Behind Any Power Struggle There Is a Need for Control
Behind every argument, there is a hidden power struggle. At the early stages of a relationship, getting into a fight resembles a small crack in a water dam. Initially, the crack can be easily fixed, but with the passing of time, the water penetrates the crack and widens it. […]
The Psychology of an Unhealthy Relationship
In an unhealthy relationship, information is coming in and going out without filtration and without restraint; the relationship loses its strength and becomes frail and fragile. The couple cannot produce a safe space between them, and other figures are treading between them. […]