IBJ Podcast: Pete The Planner on bouncing back from a big financial loss

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In the latest issue of IBJ, financial advice columnist Peter “Pete the Planner” Dunn shares a letter from reader who for undisclosed reasons has spent a great deal of the money that he made through a successful business.

It’s evident from the letter that this person has hit an emotional low. And in his response, Dunn addresses the dangers of linking your self worth to your financial worth.

IBJ Podcast host Mason King picks up on that thread for this week’s podcast and talks to Dunn about steps to stabilize and buttress your finances if you’ve suffered a big loss or are just behind in saving for retirement.

There’s good news: Dunn says even later in life you can make your finances work—but it’s more about adjusting your spending than it is about saving.

Here are some of our recent episodes:

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IBJ Podcast: Kevin Lee on broadcasting the Indy 500 and the business of motorsports

IBJ Podcast: Jeff Simmons on Elanco’s global HQ and creating a magnet for talent, innovation

IBJ Podcast: Lebanon’s millennial mayor navigates path between charm, change as state seeks land

IBJ Podcast: Pete the Planner goes car shopping during an auto-industry shortage

You can read more of Dunn’s columns here.

Click here to find the IBJ Podcast each Monday. You can also subscribe at iTunesGoogle PlayTune In, Spotify and anyplace you find podcasts.

Looking for another podcast to try? Check out IBJ’s The Freedom Forum with Angela B. Freeman, a monthly discussion about diversity and inclusion in central Indiana’s business community.

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