Navigating Stock Market Corrections: Lessons in Emotion, Timing, and Diversification

In this episode of the Money Strong Podcast, host Bryan Foltice discusses the recent stock market correction of 2025. Bryan delves into the importance of remaining unemotional during market downturns and views these periods as buying opportunities. He emphasizes key lessons in managing emotions, understanding time horizons for investments, and the critical role of diversification. Bryan shares his personal experience with loss aversion and offers practical advice on rebalancing portfolios to mitigate risks. Watch and learn how to navigate financial turbulence with a balanced and informed approach.

00:00 Introduction to the Money Strong Podcast
00:48 Reflecting on Recent Market Performance
01:38 Understanding Emotional Reactions
03:38 Lessons from Market Corrections
08:48 The Importance of Time Horizon
11:53 Diversification Strategies
16:13 Rebalancing Your Portfolio
20:33 Final Thoughts and Viewer Engagement

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Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
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10 Keys to Improve Financial Communication with Your Partner

Join Bryan Foltice in the Money Strong Personal Finance Podcast as he discusses how to effectively talk about money with your significant other. This episode dives into 10 key strategies to help build a stronger relationship through financial conversations. Topics include setting regular financial check-ins, maintaining transparency, working as a team, and celebrating milestones together. Bryan also shares his personal experiences and valuable insights into creating a harmonious financial partnership.

1. Set a Regular Money Date

• Schedule a relaxed time (weekly, biweekly, or monthly) to discuss finances.
• Keep it low-pressure—maybe over coffee or dinner.

2. Be Honest and Transparent

• Share your income, expenses, debts, and financial goals.
• Avoid hiding purchases or financial decisions.

3. Focus on Teamwork, Not Blame

• Approach money as a team effort rather than pointing fingers.
• Use "we" statements instead of "you" (e.g., "How can we improve our savings?" instead of "You need to stop spending so much").

4. Define Shared Goals

• Discuss what matters most—paying off debt, saving for a house, investing, etc.
• Align on long-term goals like retirement or travel.

5. Understand Each Other’s Money Mindset

• Discuss how you were raised with money and how it affects your financial habits.
• Recognize if one of you is a spender and the other is a saver—find a balance.

6. Use a Budget That Works for Both of You

• Choose a budgeting method that fits your lifestyle (e.g., joint or separate accounts, percentage-based budgeting).
• Use apps or spreadsheets to track spending together.

7. Give Each Other Some Financial Freedom

• Set aside “no-questions-asked” personal spending money.
• This avoids micromanaging and resentment.

8. Handle Disagreements Calmly

• If tensions rise, take a break and return to the conversation later.
• Compromise where possible and seek solutions, not arguments.

9. Consider a Financial Advisor or Coach

• If discussions become too difficult, an objective third party can help.

10. Celebrate Progress Together

• Acknowledge wins—paying off a debt, reaching a savings goal, etc.
• Reward yourselves for good financial habits.

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Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv

Overcoming Negativity Bias: Strategies for Financial Resilience | Money Strong Podcast

In this episode of the Money Strong podcast, host Bryan Foltice discusses the common human tendency towards negativity bias and its implications for personal finance.

He provides updates on the rebranding of the podcast and the new Money Strong College Program available on various platforms.

Bryan shares personal stories and insights into the current state of the stock market, emphasizing the importance of maintaining a positive mindset during financial downturns. He explores historical market trends, the emotional impact of market fluctuations, and strategies for managing and overcoming negativity bias to achieve long-term financial success.

Bryan encourages listeners to stay the course with their investments, learn from setbacks, and continue to save diligently. The episode blends behavioral finance concepts with practical financial advice aimed at helping individuals build a robust financial future.

00:00 Introduction to the Money Strong Podcast
01:19 Personal Updates and New Beginnings
03:37 Market Overview and Negativity Bias
06:05 Investment Strategies and Diversification
09:42 Behavioral Finance and Overcoming Negativity
16:38 Lessons from Past Market Experiences
20:53 Strategies to Overcome Financial Setbacks
22:02 Conclusion and Viewer Engagement

Support the show

Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv

Mastering Debt: Understanding Your Financial Intensity Levels

Join Dr. Bryan Foltice in this episode of the Bryan Foltice Behavioral Finance Podcast as he dives deep into the concept of financial intensity levels, particularly in the context of paying off loans and debt. Bryan shares his unique approach from his Money Strong program, offering four distinct intensity levels: minimal effort, moderate effort, high effort, and extreme intense effort. Drawing from personal anecdotes and professional insights, he emphasizes that not everyone should approach debt repayment the same way. Listeners will learn how to identify the level that best fits their personality and situation, and how to design their financial goals accordingly. Don't miss valuable tips on creating a balanced financial plan that promotes both debt repayment and wealth building.

00:00 Introduction to the Podcast
01:15 Understanding Intensity Levels in Finance
02:59 Personal Stories and Lessons Learned
09:05 Four Levels of Debt Repayment
20:57 Conclusion and Final Thoughts

Support the show

Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv

Debt Repayment Strategies Unveiled | Bryan Foltice Behavioral Finance Podcast

In this episode of the Bryan Foltice Behavioral Finance Podcast, host Dr. Bryan Foltice dives into debt repayment strategies. Dr. Foltice discusses the growing issue of consumer debt in the U.S. and reveals different methods to tackle it, including the snowball, avalanche, and snowflake methods. He also introduces a hybrid repayment approach. Additionally, he offers advice for new graduates on balancing debt repayment with retirement savings. Don't miss this insightful episode to help you or someone you know get out of debt more effectively.

00:00 Introduction to the Podcast
00:26 Understanding Debt Repayment Strategies
06:54 The Snowball Method Explained
09:33 The Avalanche Method: Pros and Cons
11:25 The Snowflake Method: Small Wins
15:36 Hybrid Approach to Debt Repayment
18:49 Conclusion and Final Thoughts

Support the show

Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv

Understanding Hedonic Adaptation in Behavioral Finance with Dr. Bryan Foltice

Welcome to the Bryan Foltice Behavioral Finance Podcast! In this episode, Dr. Bryan Foltice dives deep into the concept of hedonic adaptation, also known as the hedonic treadmill. Dr. Foltice shares his personal journey, transitioning from the corporate world to academia, and illustrates how we often adapt to both positive and negative life events. He further discusses the impact of this adaptation on financial decisions, the pitfalls of lifestyle inflation, and the importance of aligning financial goals with personal values. Learn practical advice on practicing gratitude, spending on experiences, and aligning your finances with life goals for long-term happiness. Tune in for an insightful discussion on making smarter, more informed financial decisions.

00:00 Introduction to the Podcast
01:33 Understanding Hedonic Adaptation
02:14 Personal Journey: From Investment Banking to Academia
07:13 Achieving Tenure: The Emotional Rollercoaster
14:08 Hedonic Adaptation in Financial Decisions
19:51 Strategies to Overcome Hedonic Adaptation
24:02 Aligning Financial Goals with Life Purpose
26:17 Conclusion and Final Thoughts

Support the show

Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv

Unveiling the Ziegarnik Effect: How Unfinished Tasks Shape Our Financial Decisions

In this episode of the Bryan Foltice Behavioral Finance Podcast, Dr. Bryan Foltice delves into the Ziegarnik effect, a psychological phenomenon that explains why unfinished tasks occupy our minds more than completed ones. The discussion covers the impact of this effect on various aspects of life, including work, personal tasks, and even watching TV shows. Dr. Foltice then bridges the concept to behavioral finance, illustrating how unresolved financial issues like debt can cause stress and anxiety. He offers strategies to mitigate these effects and transform financial goals into powerful motivators. This episode provides valuable insights into using the Ziegarnik effect to enhance financial decision-making and overall well-being.

00:00 Introduction to the Bryan Foltice Behavioral Finance Podcast
01:13 Unpacking the Ziegarnik Effect
02:42 Applying the Ziegarnik Effect in Daily Life
06:05 Behavioral Finance and the Ziegarnik Effect
08:20 Using the Ziegarnik Effect to Achieve Financial Goals
12:14 The Ziegarnik Effect and Investment Behavior
16:32 Conclusion and Final Thoughts

Support the show

Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv

Building a Flexibility Fund: The Key to Financial Independence | Bryan Foltice Behavioral Finance Podcast

Welcome to the Bryan Foltice Behavioral Finance Podcast! In this episode, Dr. Bryan Foltice discusses the importance of the Flexibility Fund as a crucial step in achieving financial independence. He shares personal anecdotes and practical advice on setting up this fund, which serves as a safety net for unexpected expenses and provides financial freedom. Learn how to prioritize savings goals, manage debt, and create a financial buffer that opens doors to future opportunities. Don't miss out on tips to turn your financial life around and build a secure and flexible future.

00:00 Introduction to the Podcast
00:25 Introducing the Flexibility Fund
00:58 The Importance of the Murphy's Fund
02:00 Steps to Eliminate Debt
02:52 Building the Flexibility Fund
03:54 Personal Journey and Financial Turnaround
05:08 The Daniel Fast and Its Impact
06:52 Achieving Financial Independence
10:18 Setting Up Your Flexibility Fund
13:09 Investing Your Flexibility Fund
15:17 Maintaining Financial Discipline
16:57 Conclusion and Listener Engagement

Support the show

Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv