Rick Kahler's Financial Awakenings

Consumers aren’t the only people who can benefit from having a financial planner; so can financial planners. Rick’s research paper on why planners don’t use planners–and the surprising professional benefits they receive if they do–is titled, “Becoming Consumers of the Profession We Practice.” His paper was named a 2008 winner of the Journal of Financial Planning Frontiers Award. 

Listen to Rick’s interview with Susan Lee from New York City’s WBAI-FM on how people could face a tough time financially and economically. 

For all you early risers, you may want to watch Rick tomorrow on KNBN’s Morning Show during the 6:30am-7:00am segment.  Last time Rick was on the show, host Chris Orr told him that many people thought he was a “kook” for his optimism.  Find out if Rick is still a kooky optimist or if he’s gone over to the dark side.

If you live in New York City, tune your radios to WBAI-FM this Friday, October 31, at 10:30 am EST and listen to Rick’s interview with Susan Lee on how people should face a tough time financially and economically.  If you don’t live in NYC and want to listen in, the interview will be recorded and placed on the KFG website and blog later on Friday.

The topic of the psychology of money is getting a lot of attention from the financial press and advisors these days. Financial Planning Magazine sponsored a web seminar on the topic this week, with 160 advisors in attendance. The featured speakers were money coach Deborah Price, Ira Fateman, CFP, and Rick.

To listen to the recording of the webinar,

Rick talks about the importance of talking to your children about money in this Washington Times article, titled “Making Sense of Dollars & Cents.”

Ann Geracimos wrote, ”Where child-parent relations are concerned, Mr. Kahler suggests that parents ‘first take a look at their own money script and how they act around money. Money is the big taboo subject, so parents should talk very factually about what is happening.

Rick suggests the current market crisis and recession is a good time to talk to your kids about money, but you must be sure you are not “venting” or “dumping” on them inappropriately. In an October 18 article in the Minneapolis-St. Paul StarTribune, reporter Kara McGuire covered this issue. Rick was one of the sources she cited. The following paragraph is from her article:

“Keep the conversation appropriate, however.

A few clients have called wondering if TD Ameritrade was going to join the US Treasury’s Temporary Guarantee Program for Money Market funds. All TD Ameritrade money market shares as of September 19, 2008, are now insured for 90 days. 

As you know, never before have any money market accounts had any government guarantee.

Nicole Feliciano wrote a great article on her parenting blog (Momtrends) about family finance. She mentions Rick and promotes his books! 

She says “Money, money, money. Our country is in crisis and most families are feeling a serious pinch.

The Onsite Healing Money Issues program, founded by Dr. Ted Klontz and Rick, was featured on ABC’s Good Morning America program last Monday.  The program featured Ted and Wynonna Judd, who went through the program several years ago and highlighted her experience with the program in her book, Coming Home To Myself.  Another past participant, Warren Brent, also was featured on the clip.