DiscoverStories of Change & CreativityUnderstanding Your Relationship with Money — Financial Psychology with Mary Liz Burns
Understanding Your Relationship with Money — Financial Psychology with Mary Liz Burns

Understanding Your Relationship with Money — Financial Psychology with Mary Liz Burns

Update: 2025-10-05
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Description

What’s your relationship with money? Do you worry about having enough? Does money guide all of your decisions?  

In this episode of Stories of Change and Creativity, I talk with Mary Liz Burns about the psychology of money. She has more than two decades of experience in personal finance communications and media.  Mary Liz has an MBA with a focus on financial psychology and is a certified senior advisor.

After a successful career in corporate communications and public relations — including 22 years with AARP — Mary Liz realized the missing piece in most money conversations: the human connection. Now, she helps people understand their personal “money stories” and develop healthier, more compassionate relationships with money.

In this episode, you’ll learn:

  • Why our relationship with money is emotional, not rational — and how fear and shame can hold us back
  • The four money scripts that shape financial behavior
  • How childhood experiences and “financial flashpoints” form our money beliefs
  • How our relationship with money changes in different stages of life
  • Practical steps to begin your own money awareness journey — where to start


Quotes

“My goal from now until the day I die is to reduce the fear and shame we have around money — and to help people have open, honest conversations, starting with themselves.”  — Mary Liz Burns

“Financial education alone is not enough to change behavior. We have to bring the human piece to it.”   — Mary Liz Burns

Resources & Links

Note:  This content is not intended as specific legal or financial advice, and listeners should consider their individual circumstances when applying this information and to seek professional assistance if needed. 


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Understanding Your Relationship with Money — Financial Psychology with Mary Liz Burns

Understanding Your Relationship with Money — Financial Psychology with Mary Liz Burns

Professor Judy Oskam