Therapy for your money? It may be less odd than it seems

A basic financial therapy definition is that it’s a practice that combines behavioral therapy with financial coaching. The goal is to help improve an individual’s feelings and behavior around money.

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It is a process informed by both therapeutic and financial expertise that helps people think, feel, and behave differently with money to improve overall well-being.

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Avoiding Money Management

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Money Stress

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If you often argue with your partner, friends, or other loved ones about money, you might find that a financial therapist can help you defuse this source of tension.

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

[{"selector":"#anim-e1fafe7e-3d0d-4c27-ba36-8e21b7874e60","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-11599a04-1178-411a-89df-539578229481","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-27aa85d8-929f-4424-af92-888b513d5960","keyframes":{"transform":["translate3d(0px, 99.16371%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6a2ad91e-80c4-4f9b-b54e-a454c8635215","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] 23 tax breaks for the self employed Debit vs. ATM card: Which is right for you?

Therapy for your money? It may be less odd than it seems

A basic financial therapy definition is that it’s a practice that combines behavioral therapy with financial coaching. The goal is to help improve an individual’s feelings and behavior around money.

It is a process informed by both therapeutic and financial expertise that helps people think, feel, and behave differently with money to improve overall well-being.

How Financial Therapy Works

Avoiding Money Management

Working with a financial therapist could expose the root of this behavior and improve financial management.

Money Stress

It could involve worrying about how they will pay off their debt to worrying about going bankrupt, even though they are earning a good salary.

If you often argue with your partner, friends, or other loved ones about money, you might find that a financial therapist can help you defuse this source of tension.

Fighting About Finances

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

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