Summary of Let’s Get Honest About Our Money Problems

Looking for the video?
We have the summary! Get the key insights in just 5 minutes.

Let’s Get Honest About Our Money Problems summary
Start getting smarter:
or see our plans

Rating

7

Qualities

  • Applicable
  • Bold
  • Insider's Take

Recommendation

Financial coach Tammy Lally lost her brother to the downward emotional spiral of “money shame.” Soon after, she waged her own battle with serious financial problems, only to emerge stronger and better equipped to help others through their financial difficulties. getAbstract recommends Lally’s moving, candid advice to financial coaches and mentors as well as anyone afraid to breach the code of silence regarding finances and money shame.

About the Speaker

Money coach Tammy Lally wrote Money Detox. 

 

Summary

Since 1999, the suicide rate among 40- to 64-year-olds in the United States has increased by almost 40%. Personal finance problems, such as unemployment, bankruptcy or mortgage foreclosures, played a role in some 40% of the deaths. When financial coach Tammy Lally lost her brother to suicide, she began to explore her own complicity in the “money shaming” that contributed to his death. Lally’s own money shame eventually prompted her to unveil the uncomfortable cultural truths regarding financial problems and the cycle of emotional harm they produce.

Despite their best efforts to rein in their spending, many people...


More on this topic

Customers who read this summary also read

The Gift and Power of Emotional Courage
9
Wanted: Rebel Talent
7
The Lies Our Culture Tells Us About What Matters – and a Better Way to Live
7
How Deepfakes Undermine and Threaten Democracy
8
The Era of Blind Faith in Big Data Must End
9
How to Lead a Conversation Between People Who Disagree
7

Related Channels

Comment on this summary