Brian J. O’Connor
When faced with big decisions, people like to go with their guts. That’s reasonable because, when you face a fork in life’s road, it’s wise to bring your colon and small intestine.
My guts usually say, “Send more Cheetos,” but when confronted with a demanding task, I “work my guts out.” When it’s time [...]
Brian J. O’Connor
Financial success is a little bit like fitness — we all know what we should be doing, but for a lot of us, ramping up our retirement savings and jumping on the treadmill are two things that just don’t happen. Even though making the rational decision to save or exercise is [...]
Just about everyone has a complicated relationship with money.
by Brad Klontz, Psy.D.
ust about everyone has a complicated relationship with money. Studies show that money is the no. 1 reason for divorce in the early years of marriage and a common area of conflict for couples. Even before the recession, 3 out of 4 Americans identified [...]
By Liz Skinner
Mr. Grubman works with family offices and large wealth management firms, and consults with advisers seeking new communication skills and coaching tools to help clients work through issues. He and other colleagues in the field created the Financial Therapy Association in 2010 as a center for research.
Brad Klontz, a therapist and certified [...]
By Craig Guillot
Everyone overspends a little and splurges on occasion. But for many, “keeping up with the Joneses” becomes an overwhelming obsession that can lead to financial ruin.
Regardless of how much one makes, if they spend beyond their income, their finances will eventually fall into a downward spiral.
Keeping Up with the Jonses happens to everyone [...]
By Brad Tuttle
The most depressing day of the year supposedly takes place right around now. It’s also prime time to be tempted into shopping as a cure for the blues.
According to a new survey conducted by Harris Interactive on the behalf of CouponCabin.com, it is currently peak “retail therapy” season. By far, survey respondents pointed [...]
Overwhelmed by their student loans and credit card debt, some graduate students choose to ignore their money woes, setting themselves up for more financial turmoil. Here’s how to avoid that trap.
By Amy Novotney
Though she grew up poor, counseling psychology student Karen* never felt particularly worried about money until this year. Now, the sight of a [...]
By Ann Minnium, CFP®
What You Believe About Money is More Important Than How Much You Have.
In the spirit of the holidays, I just read The Financial Wisdom of Ebenezer Scrooge by Ted Klontz et al. I was expecting to read just another personal finance book, but to my great surprise it led me to a [...]
By Margarita Tartakovsky, M.S.
When many of us think health and wellness, we think exercise, nutrient-rich foods, regular checkups and (hopefully) getting enough sleep. We rarely think money.
But “financial wellness is a component of overall wellness,” according to clinical psychologist Joe Lowrance, PsyD. He works with clients to identify problematic behaviors around money and create solutions [...]
By Justius Morgan
Now that the holiday season is upon us, one of my favorite books is Charles Dickens’ “A Christmas Carol,” which as many people know is mainly about the self-discovery process of the main character Ebenezer Scrooge. For most of the book, Scrooge has few redeeming values. However, within this tale lie tremendous learning [...]