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How to Talk Honestly about Suicide with Larry Sprung

Beyond The Balance Sheet Podcast

Release Date: 11/08/2023

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Larry Sprung, founder of Mitlin Financial, dedicates his free time to raising awareness around mental health and suicide. He dedicated more than 12 years to serving on the National Board of the American Foundation for Suicide Prevention (AFSP). In this impactful episode, Larry will share why this cause is close to his heart and provide guidance on supporting a friend or loved one dealing with depression. Addressing suicide can be challenging but shouldn't be sidestepped. This episode is a valuable resource for those affected by these issues.

IN THIS EPISODE:

  • [2:10] Larry sites his own life and background as making him uniquely qualified to serve families both financially and with mental health awareness

  • [3:51] Larry shares his family history

  • [6:52] The stories of why individuals commit suicide

  • [9:08] Larry explains why conversations with those who struggle may save their lives

  • [14:10] Larry suggests a resource to listeners who have been inspired by listening to this podcast and invites people who struggle to do the “walk”

  • [16:45] Larry describes what brings him joy

 

KEY TAKEAWAYS:

 

With medication, it is possible to prevent suicide, and individuals can lead long and productive lives after making an attempt.

Daily self-reflection of joyful moments is good for the soul as you relive those moments.

You can be there for an individual, even by telephone, to walk people through difficulties and support them with a conversation on the phone when you can’t be present.

 

RESOURCES:

Beyond the Balance Sheet Website

Family Wealth Report - Website

American Foundation for Suicide Prevention - Website

Mitlin Financial, Inc 

 

BIOGRAPHY: 

Lawrence “Larry” Sprung, CFP®, is a husband, father, entrepreneur, author, and mental health advocate. 

In 2004, he founded Mitlin Financial, Inc., naming the firm memory of Larry’s wife’s grandfather, Mitchell, and his mother, Linda.  During his career, Larry has found that many industry terms and concepts can seem confusing to outsiders. That’s why he works with the families he serves to break down complex financial topics into easy-to-understand concepts. 

Larry is the author of the Amazon Bestselling book “Financial Planning Made Personal” and the host of the Mitlin Money Mindset™, a podcast that reminds you to ask yourself, “What did you do today that brought you joy?®.”

 

In recognition of Larry’s significant contributions to his profession, he has received several awards. In 2021, Larry was named to the Investopedia 100 Top Advisors 2021 and was even more humbled to make their Top Ten list for 2022. 

 

Outside the office, one of Larry’s greatest passions is raising awareness for mental health. He spent over 12 years serving on the National Board of the American Foundation for Suicide Prevention (AFSP) and sits on its financial and investment committees.  With his wife, Denise, he has raised more than $1.7 million for the organization through the Keith Milano Memorial Fund. The fund was created in memory of his brother-in-law.

 

Larry values his family tremendously, and his desire to do right by his wife and two sons drives him in and out of the office.