Six Questions About Money: An Interview With Marriage Counselor Scott Steinbarger
Welcome to Six Questions! It is a new feature where we’ll ask different people from various walks of life the same six questions. I expect that each person will bring something unique to a standard set of questions. Today’s guest is Scott Steinbarger, a Licensed Associate Marriage and Family Therapist. I’ll let Scott introduce himself momentarily.
As you read through this Six Questions interview and all the previous interviews, I hope your thinking is sparked. That as you hear new and different perspectives you will be prodded to think about your own relationship to money. The views of our guest do not necessarily reflect the views of Pocket Your Dollars.com or its staff, but are a springboard for thought and respectful discussion.
If you’d like to be featured in a Six Questions column, email me to express interest.
Now to Scott…
Introduce yourself in 75 words or less
I am a Licensed Associate Marriage and Family Therapist. I’m married and own a private practice clinic located in Eden Prairie, MN. I love Jesus, my wife, marriage, healing hearts, people in general, tasty food and good stories. I try to love money less: it’s hard!
What money issue are you dealing with in your life right now
Thankfully I am not presently experiencing any money issue that I would call a crisis. So the money challenges are fairly day-to-day. Things like paying the bills, running a small business, and occasionally having fun while trying to grow the bank account. This is plenty difficult enough! It seems like life is increasingly expensive and wages have not kept pace. It isn’t fun, but then I’ve never been hungry or cold if I didn’t want to be. Still, all the more reason to become more financially savvy to compensate!
One thing you learned about money while growing up that has stuck with you into adulthood
New things rapidly lose their shine. This is something that I have always carried with me. Generally speaking, no matter what the shiny object of my affection, once I have it, before too long I don’t really care as much. What once seemed like it would dramatically improve my happiness and contentment, usually takes only a matter of weeks to transition into “I could live without it.” More than a few times, knowing this ahead of time has helped me skip right to the conclusion and save the money.
One thing you didn’t learn at home about money, but wish you had
I wish I had learned how much of spending is emotional. Even down to what kind of payment method you use. When you use cash, you spend less, plain and simple. It is both a physical reminder that you are losing money (you literally watch it leave “there it goes!”) and is felt immediately in your bottom line.
Name your favorite money tool, resource or book?
Hands down, my favorite money resource would be my wife. She’s absolutely brilliant! Aside from not being stuck with just my own brain, I’m a big fan of the envelope or cash system and my wife’s mad coupon skills. I’m also really glad to have found Pocket Your Dollars!
What’s one piece of money advice you wish every American would follow?
Pay now or pay later. Really this applies to almost everything, in terms of what you spend or invest in, whether goods & services or people & relationships. That being said, so many of the financial difficulties we find ourselves in relate to a “pay later” mentality. We buy WAY too much on credit for the short term, and “pay” too little in financial sacrifices short term. When later finally comes, it hits our pocket book like a sledge hammer.
It’s PocketYourDollars again wondering how you relate to Scott’s perspectives about money.