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Feel conflicted when you help someone with money?

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Manage episode 244945220 series 2436860
Content provided by J.P. Morgan Asset & Wealth Management, J.P. Morgan Asset, and Wealth Management. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J.P. Morgan Asset & Wealth Management, J.P. Morgan Asset, and Wealth Management or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Sometimes giving a gift of money can be the best feeling ever, and sometimes it leaves the giver feeling terrible, as Michael Liersch explains in this episode of My Next Move. You can’t blame the recipient. Michael explains why it’s so important to communicate your expectations around why you’re giving the gift—by giving guidance and setting parameters. Then, ultimately, you’ll end the experience feeling connected to how the money will be used. Michael explains that this is giving with intention. For example, you could start by saying, “Here's why I'm giving you this money, and here’s how I'd like you to spend it.” This gives the recipient the option to reject the gift—or accept it and use it in a way that will be deeply satisfying to you both. On the other hand, if they don't know why you're giving that gift and use it for something that you feel is not empowering, you’ll probably both feel badly. Here’s the action step: Be intentional with your money gift-gifting. Changing this behavior over time can give you a greater sense of well-being—and make the receiver of your gifts feel better, as well.

  continue reading

63 episodes

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iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on May 11, 2020 15:28 (4y ago). Last successful fetch was on April 02, 2020 13:40 (4y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 244945220 series 2436860
Content provided by J.P. Morgan Asset & Wealth Management, J.P. Morgan Asset, and Wealth Management. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J.P. Morgan Asset & Wealth Management, J.P. Morgan Asset, and Wealth Management or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Sometimes giving a gift of money can be the best feeling ever, and sometimes it leaves the giver feeling terrible, as Michael Liersch explains in this episode of My Next Move. You can’t blame the recipient. Michael explains why it’s so important to communicate your expectations around why you’re giving the gift—by giving guidance and setting parameters. Then, ultimately, you’ll end the experience feeling connected to how the money will be used. Michael explains that this is giving with intention. For example, you could start by saying, “Here's why I'm giving you this money, and here’s how I'd like you to spend it.” This gives the recipient the option to reject the gift—or accept it and use it in a way that will be deeply satisfying to you both. On the other hand, if they don't know why you're giving that gift and use it for something that you feel is not empowering, you’ll probably both feel badly. Here’s the action step: Be intentional with your money gift-gifting. Changing this behavior over time can give you a greater sense of well-being—and make the receiver of your gifts feel better, as well.

  continue reading

63 episodes

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