Stockbroker-Turned-Therapist Offers Insights Into Money Worries
San Diego Business Journal - November 4, 2002
by Mike Allen, Senior Staff Writer
"If you understand your beliefs about money, based on your upbringing and the culture, then you can develop new attitudes and stress less over money," Manheim said.
A stockbroker for 18 years, Manheim had a satori of sorts when his son was nearly killed in accident, and he realized he didn't really want to continue in the career.
He became a licensed family therapist and quickly saw that a recurring theme surrounding the breakup of many marriages revolved around money.
The key problem is that most people don't put a lot of thought into figuring out how much money they need today and after they retire, he said.
Combining his new skills as a therapist with his past knowledge of financing, Manheim launched an educational program he calls Money and Soul.
"My goal is to give people more clarity and balance in a culture of materialism and greed, plus greater power and freedom with their money, while nurturing their souls." Money worries are becoming more apparent as the stock market continues its two-year slide, and many investors are simply ignoring their quarterly account statements.
While it may be painful, Manheim advises that sticking their heads in the sand isn't a mature approach.
Manheim, 45, offers Money and Soul as a six-week course at his Solana Beach office for $175, but also conducts a streamlined, one-day class at UCSD Extension once a quarter for $95.