Can financial therapy untangle our relationship with money? - Deepstash

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BBC

Can financial therapy untangle our relationship with money?

Can financial therapy untangle our relationship with money?

bbc.com

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Financial therapy

Matters of money is a struggle for many people and can even become a phobia. To deal with the phobia, many people are turning to financial therapists for help.

Financial therapy is a form of therapy that untangles the relationships with money by treating the emotional root of money...

Money decisions are related to emotions. According to a 2019 UK survey, money is the number one cause of stress.

Tips to help overcome this phobia.

  • Cognitive behavioural therapy (CBT) is a practical approach that focuses on making changes by looking at underlying...

Financial therapy is still a new field and confined to the US. There is still much to learn about the benefits and limitations of the therapy. Nevertheless, the potential benefits seem promising.

A concern is that financial phobias are often intertwined with other psycholo...

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