Financial therapy is a process of exploring the real numbers of your financial life and the real thoughts, feelings, behaviors, and relationship interactions that go along with them. It combines personal finance and counseling to provide a holistic approach to achieving financial wellness. Some sessions we may be deep in a spreadsheet, and others may never mention a number.
The most common frequency for financial therapy sessions is every 2 weeks, however we can meet anywhere from weekly to monthly.
Topics typically addressed in financial therapy sessions include uncomfortable feelings (such as guilt, shame, fear, anxiety, resentment, anger, depression) around managing finances, not having enough, having too much, supporting others financially, arguments with a partner or other family members around money, and life transitions involving finances such as marriage, retirement, divorce, and death. In these situations, the impact of emotions and relational stress can have real, lasting, and permanent consequences on finances.
Working with someone trained in both counseling and personal finance can help provide some of the support you need in both areas.
Financial Therapy is not a replacement for working with a financial planner or investment advisor. If you need those services, I am happy to make a referral.