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Financial Therapy

Resistance to Financial Advice Is a Sign to Slow Down

“When you meet resistance, you are moving too fast.” This is a truism that I hold to when it comes to relationships, especially in my capacity as a financial advisor. The illusion is that people come to financial planners for financial advice. Planners often assume...

Faux Financial Intimacy or Genuine Communication

Are you and your spouse truly aligned when it comes to finances? Do you rarely experience conflicts about money? If so, you might have financial intimacy in your relationship. This goes beyond merely sharing financial information. It involves both partners feeling...

Toxic Positivity Can Harm You Financially

Positive thinking about money can be beneficial. It can also be harmful if it leads us to suppress our emotions or avoid financial realities. This dark side of being positive is described in a Psychotherapy Today article referencing a book titled Toxic Positivity by...

Believing You Don’t Deserve Money

“I don’t deserve money,” is one of the ten most common money scripts. Holding this belief has very little to do with whether society, friends, or family view you as deserving.  Few people would argue that we all deserve the support money can give us to have nutritious...

Correcting The Myth of “One Money Script”

Recently a financial professional asked me, “Rick, what is your money script?” I was a bit baffled and responded, “I have well over 100, not just one.” He said, “No, there are only four, and I was wondering which one is yours.” He misunderstood the concept of money...

How Much Money Secrecy Equals Financial Infidelity?

Do you keep secrets about your spending from your significant other? Research shows that 44% of partners do. Some money secrets within a coupleship are matters of privacy or convenience, while others cross a line into financial infidelity. A recent survey by...