Agency Intelligence

In this episode of Agents Influence podcast, host Jason Cass interviews Erik Garcia, CFP®, President of Garcia Financial Group and Owner of Garcia Insurance Services and Dr. Matt Morris, LPC, LMFT, Family Therapist at Matt Morris & Associates, and co-hosts of the podcast, Building Us. Erik and Matt share their knowledge and expertise on money and relationships and how their podcast, Building Us, is tackling these topics in a unique way. 

Episode Highlights:

Jason introduces Erik Garcia and Dr. Matt Morris. (1:10)

Matt shares that he’s a Family and Couples’ Therapist, and a Professional Counselor, as well. (2:42)

Erik shares that he’s a Financial Advisor and a Certified Financial Planner. (2:50)

Matt shares that their podcast, Building Us, is all about love and money. They discuss anything that touches relationships. (6:09)

Erik shares that he was thinking about his idea of data and stats in the relationship world, as it relates to money in couples. (12:33)

Matt shares that they wanted to talk a little more about some of the research studies that deal with relationships and money. (15:05)

Why are we all griping about money? (16:09)

Matt shares that money is a decision that has to be made, a decision that includes values, priorities, planning, and all of that come with emotions and opinions, which results in conflicts. (16:38)

Erik talks about the idea of income disparity. (22:35)

Matt mentions that research shows that when the wife or the female partner in the relationship earns more money than the husband, divorce is more likely. (27:28)

Matt thinks that people get divorced for several reasons, but certainly finances and fighting about financial conflict as part of it. (37:42)

Erik shares that strong budgeting skills are what people find desirable and only a few people can budget consistently and regularly. (39:37)

Matt explains financial infidelity. (47:26)

Erik mentions that they originally started doing Building Us podcast work in the premarital space. (51:04)

Erik shares that you shouldn’t run from conflict, lean into it because on the other side, you’ll be much stronger. (54:37)

Key Quotes:

“If a couple is on the same page financially, then they feel more satisfied in their deliberations about money. If they feel more connected financially, there’s a higher correlation, a higher likelihood that they’ll also have a very satisfying sexual life.” – Matt Morris (34:32)

“Money’s like fuel to the fire, and that can exasperate, inflame, any other type of argument that you have.” – Erik Garcia (38:15)

Resources Mentioned:

Reach out to Jason Cass

Erik Garcia, CFP®

Dr. Matt Morris, LPC, LMFT

Garcia Financial Group

Matt Morris & Associates

Advertisers:

Hanover Insurance Group

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