Financial Therapy

How Many Days of Your Life Does Your Home Cost?

  Having spent years selling and appraising real estate, I’m familiar with the usual measures for valuing a house. Price per square foot, comparisons to similar properties, and the guideline of keeping housing at or below 25 percent of what a household earns are...

How Couples Can Turn Conflicting Money Beliefs Into Shared Strengths

Most couples who argue about money are arguing from different money scripts—the deeply held beliefs about money that each partner formed long before the relationship began. Uncovering and understanding those scripts, individually and together, may be one of the more...

Facing the Financial and Emotional Pain of a Terminal Illness

Dying and money collide in ways most of us never think about until we have to. Money is hard. Death is hard. When someone receives a terminal diagnosis, they and their loved ones are forced to deal with both at the same time. It is one of the most difficult financial...

The Value Of Financial Therapy For Men In Power

Do billionaires need financial therapy? The very idea probably seems ludicrous. Why would someone with such immense wealth and power have issues around money? That question is one of the topics addressed in a new book, Financial Therapy for Men, edited by Dr. Prince...

Tools To Help Couples Change Money Fights to Money Conversations

When two people who love each other fight about money, the trigger is often something small. One partner notices something like an unusual credit card charge, feels a twinge of anxiety, and says something. The other feels accused and snaps back. Before long, they have...

Fear-Based Frugality Can Harm Your Financial Wellbeing

A classic and wise piece of advice from financial advisors is to live within your means. I have written often about the importance of frugality in building wealth and financial wellbeing. Yet there is a difference between frugality by choice and frugality from fear....