Maybe your relationship with money can be fixed with therapy?

omniloquent (59)in #life • 6 years ago

Some of us struggle so much with money that we feel like its a crazy spouse out to take half or all our sh!t. It’s well know that Money can cause people to act illogically. Problems with ones finances can even complicate existing psychological issues in our lives. It was recently found that many nearly half of couples say money problems led to their divorce. Don't worry though your rocky financial relationship could be mended by a financial psycologist.

Financial psychology is helping bring together the concepts of your financial advisor and psychologist.

What does a financial therapist do?

A financial therapist is a psychologist that understands how psychological factors influence our interactions with money.They must understand finances and still do their part as psychologists. They must be versatile with their role, as each individual client is different. Some patients seek to address underlying psychological problems holding them back, while others must adjust the relationships they have with money, to dispel the built up adverse effects on their mental health.

Why you might go to financial therapist

Money is a huge source of angst and stress for people, that frustration and stress breeds others issues which can be detrimental to your wellbeing.Money, is often the main motivato behind people getting divorced or having marital issues, not to mention three quarters of Americans say money is the main source of stress in their lives. mix that with social media and you have distorted beliefs and destructive behavior patterns, which can negatively impact our pscological well being.

Financial therapy is for folks who deal with serious money issues such as:

Compulsive buying Gambling Excessive risk aversion (refusing to spend money) Workaholism Hoarding (spending on things you don’t need, mostly)

Do you need financial therapy?

Only you can truly decide if you need help with your personal finances, I suggest you look at your financial behavior. If you’re compulsivly making bad financial choices, like taking payday loans every time you get a chance or cooking in the dishawsher to save on the gas bill, you may be a good candidate.
Another reason to get help is if you’re experiencing paralyzing stress or preoccupation with your financial situation, you may need a therapist.

If you simply don't understanding how your money or budget is handled maybe you just need a financial advisor and some more research. Therapy is expensive especailly if it is in the finance niche so i would recommend only going if you have tried everything else on the free and affordable list. If you do really have a problem though then by all means grab you a financail therapist and get you Zen on!