Adam Cockerham - Your Money and Your Mind
This week on Standard Deviations with Dr. Daniel Crosby, Dr. Crosby is joined by Adam Cockerham, Director and Chartered Financial Planner at William Dixon and Associates. Adam Cockerham is a Chartered Financial Planner, business owner and author whose work explores the profound connection between our minds and our money. Based in Bradford on Avon, Adam's journey into financial planning was born from his own experiences with financial anxiety and the transformative power of understanding the psychology behind our relationship with wealth. Through his practice, Financial Adviser Bath, Adam works with clients to navigate complex financial decisions with clarity and confidence. After years of helping clients navigate complex financial decisions, Adam recognized a common thread: the greatest obstacles to financial freedom weren't technical, they were psychological. This insight led him to write Your Money and Your Mind, a book that bridges ancient wisdom, modern psychology and practical financial guidance. Adam's approach is rooted in clarity, authenticity and compassion. He believes that true financial freedom isn't measured by numbers in a bank account, but by the peace of mind and sense of purpose we cultivate along the way. His work draws from Stoic philosophy, Buddhist teachings, and contemporary behavioral science to help people develop a healthier, more meaningful relationship with money. When he's not writing or working with clients, Adam values time with family, nature walks, fitness and continuous learning. He shares weekly reflections on money, meaning, and mindfulness through his Substack newsletter, Mindful Money.
Tune in to hear:
Does Adam believe that most people have a money problem, or a meaning problem that money simply reveals?
What are some signs that someone is trying to solve a meaning problem with money and what would Adam counsel them to do instead if they saw this in themselves?
How does Adam define financial freedom in a more nuanced way than the layman’s concept of financial freedom?
What is some evidence that money has moved from a servant role to a master role in someone’s life, and what would Adam have them do to right that ship?
Where does the scarcity mindset come from for wealthy individuals, and what does Adam think should be done about it?
How does Adam counsel people to make positive social comparisons when it is so easy to feel bad about ourselves in the era of social media?
For people looking to loosen attachment, what are the practical means by which they can bring that about?
How can contemplating our own mortality make us better investors and better stewards of our wealth?
Links
Connect with Us
Disclosures:
These show notes may contain links to third-party websites. Any links to such third-party websites are provided solely as a convenience to you and not as an endorsement by Orion of the content on such third-party websites, or any affiliation or association with its operators. Orion is not responsible for the content of linked third-party websites, including, without limitation, any link contained in a linked website, or any changes or updates to a linked website, and do not make any representations regarding the information, services, products or accuracy of any material contained on such third-party websites.
Compliance Code: 2335-U-26223