Financial Therapy

Since the American Psychological Association began its annual Stress in America study, money and the economy have regularly emerged as leading causes of worry and anxiety. This has only increased since the societal turbulence caused by COVID-19. In 2020, 7 out of 10 adults identified the economy as a significant source of stress. The following money-related problems are common, yet rarely discussed or acknowledged in "polite society" (or in typical therapy sessions):

Overspending
Depression over one's finances
Use of money to control others
Excessive debt
Bankruptcy
Ongoing conflict with a family member over money
Lying to a spouse or partner about spending ("financial infidelity")
Compulsive shopping
Overworking
Hoarding/Miserliness (despite plentiful financial resources)
Gambling
Shame about having more or less money than one's peers
Identity theft-related stress
Excessive financial risk-taking

(Source: Klontz, Kahler, & Klontz, 2016)

As a Certified Financial Therapist (CFT-1 TM) and member of the Financial Therapy Association, I provide structured tools to help clients understand and make peace with the psychological roots and consequences of these common financial stressors.

Financial Therapy

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