How the Intersection of Emotions and Financial Decisions Impacts Your Well-Being

The relationship between our emotions and how we handle money is much deeper than it seems. Executives from major fintech platforms, such as SoFi, have been investing in in-depth discussions about this critical intersection. In a recent podcast episode, the institution brought in financial psychologist Erika Wasserman to explore how emotional reactions shape our monetary choices.

During the conversation, Wasserman emphasized a key point: understanding your own emotional responses to money is the first step toward a healthier relationship with finances. The expert shared practical techniques to improve family and personal dialogue about financial topics, which are often considered taboo or sources of tension.

What makes this intersection so important is that it affects not only investment decisions but also everyday issues like expense planning, saving, and communication about resources within the family. Wasserman highlighted that emotional education is just as relevant as technical knowledge when it comes to personal finance.

For many listeners, the discussion offered a renewed perspective: instead of just mastering formulas and indicators, it is possible—and advisable—to work on one’s emotional intelligence around money. This intersection between the rational and the emotional is, therefore, a space for continuous learning and personal transformation.