Building Us with Dr. Matt Morris and Erik Garcia CFP, Episode #98

In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interviews Erik Garcia, CFP®, President at Garcia Financial Group, and Dr. Matt Morris, LPC, LMFT, Counselor and Therapist at Matt Morris & Associates. They discuss their knowledge on relationships, money, and their podcast called Building Us Podcast. 

Episode Highlights:

• Matt gives a short background about relationship theory. (11:37)
• Matt shares why it’s significant to your family to discuss money. (17:09)
• Erik mentions a study about children and money. (18:20)
• Matt shares his experience working with Erik. (25:27)
• Erik mentions their podcast episode called The Next Normal. (26:51)
• Erik shares why collaborating with Matt over the years has been helpful. (32:06)
• Matt mentions one of the findings from the Millionaire Next Door. (39:10)
• Erik shares their podcast called Building Us Podcast. (47:56)

Tweetable Quotes:

• “I cannot earn you the same rate of return that you potentially can earn in your small business but if we believe in diversification and all these foundational investment principles, then it’s prudent. It’s good stewardship to have something outside not have all your money tied up in one entity.” – Erik Garcia, CFP®
• “Money is a source of joy and of stress for many relationships. Think of money as being the number one cause of friction and fighting, and distress.” – Dr. Matt Morris, LPC, LMFT
• “You can give people and couples a manual of how to manage their money and they still can’t do it. Fear gets involved, habit gets involved, desire gets involved. These emotional experiences that are running in the background, that are affecting or driving or influencing behavior.” – Dr. Matt Morris, LPC, LMFT

Resources Mentioned:

• Erik Garcia, CFP®
• Dr. Matt Morris, LPC, LMFT
• Garcia Financial Group
• Matt Morris & Associates
• Building Us Podcast
• David Carothers
• Kyle Houck
• Florida Risk Partners
• The Extra 2 Minutes