FINANCIAL THERAPY IN NEW YORK CITY
Financial instability can be a major source of stress in the lives of New Yorkers. Often, regaining control of your health and happiness begins with regaining control of your financial future.
Do you understand the underlying factors that govern your relationship with money? If not, a financial therapist can help.
At Healthy Minds NYC, our team of experienced financial therapists will support you as you process hangups about money. Financial therapy may be the key to achieving retirement, savings, investment, and other monetary objectives.
What Issues Can a Financial Therapist Address?
A financial therapist addresses the emotional and behavioral factors that influence the way you handle your money. Many of these exist on a subconscious level. You may not even be aware of them until you speak to an expert.
Financial Therapy for Couples and Families
Money is a major source of conflict, stress, and unhappiness between parents and children, friends, siblings, and spouses. Our team offers family and couples financial counseling to address fraught monetary concerns safely and securely. Our therapists address conflicts related to salary, finances, inheritance, and more.
A financial therapist can work with all the parties who are struggling due to financial problems. By providing a non-judgmental perspective, your financial therapist will hear every perspective and find a resolution.
Financial Avoidance and Emotional Barriers
Many people avoid discussing money or finances because they think the topic is too difficult or embarrassing. Others may struggle with financial conversations because money is a source of stress. Some even avoid engaging with bank accounts to avoid the reality of their financial situation.
“Out of sight, out of mind” is not the solution. If your financial stress is beginning to grow and avoidance is no longer working, a therapist can help. Think of them as a financial behavior specialist. They will provide a listening ear and a knowledgeable, solution-oriented approach to tackling your stress. Your therapist can break your concerns down into digestible, actionable steps that make facing your fears less overwhelming.
Managing Financial Stress and Mental Health
Financial stress can quickly spread into other areas of your life. It can make you feel isolated, paranoid, depressed, or anxious. While you can sometimes treat these symptoms individually, the underlying financial cause will remain.
A therapist provides support and advice geared specifically toward the financial realm and the subsequent stresses. Ultimately, the goal is to get your finances in order and to give you the necessary advice and support to keep them that way. Money therapy eliminates one major source of stress so you can improve your overall mental well-being and thrive.
What is Financial Therapy?
Financial advisors know a lot about the logistics of how to plan your retirement, investments, and assets. However, they aren’t trained in behavioral change or communication. Likewise, many therapists are adept at helping you cope with emotions, anxiety, and behavioral problems. Those professionals aren’t so good at helping you handle your money.
Financial therapy combines the best of both professions. Our expert practitioners are dedicated to the integration of cognitive, behavioral, emotional, relational, and financial aspects of well-being.
Our financial therapists at Healthy Minds NYC can help you deal with money worries and financial stress. They will be there to help you process the resulting impacts on your life and relationships.
Who Needs Financial Therapy?
Financial therapy isn’t just for people with a lot of wealth. It’s for anyone who makes financial decisions emotionally—and that’s most people.
In general, people “know” what they should do with their money. They understand they should be saving, budgeting, and spending their money wisely. But there’s a definite disconnect when it comes to behavior.
Much of the time, your money-spending habits, just like your dietary habits, are driven by emotions. Do you recognize that you have problematic financial behaviors? Contact our team at Healthy Minds NYC to set up an appointment with a financial therapist.
More Resources About Financial Therapy in New York City
How to Resolve Financial Stress in Your Relationship
Has the pressure of managing finances as a couple caused stress in your romantic relationship? If so, you're not alone. It's not uncommon for couples to struggle to find common ground when talking about money.
Anxiety in the Concrete Jungle: Tips for Living With Anxiety in NYC
Are you feeling overwhelmed amidst the skyscrapers and bustling streets of New York City? You're not alone. The concrete jungle may offer endless opportunities, but it also comes with its fair share of stressors
What Are The Different Types Of Therapy?
If you have considered starting therapy in New York City, you may have felt stalled by the vast number of options there are for care. Not only are there many individual practitioners, group practices, or clinics to choose…
Frequently Asked Questions
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At Healthy Minds NYC, we believe the right therapist is essential to your mental health journey. That's why we require all clients to start with a free 15-minute consultation call. Our experienced team will take the time to understand your unique needs. Then, they will match you with a therapist who can help you achieve your goals.
Don't wait to prioritize your mental health - schedule your consultation call today.
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During this call, we will create a care plan you can sustain by discussing the following:
the goals and preferences you have for therapy
the right therapist for you based on your needs and style
the schedule for your first session (virtual or in-person) and frequency of sessions
details about your out-of-pocket cost and insurance
any questions you may have regarding care so you’re confident to begin.
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Healthy Minds NYC is an out-of-network provider. However, we do work with many major insurance plans. Visit our rates and insurance page here to learn how we can help you utilize your insurance benefits to reduce out-of-pocket costs.
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We recommend you schedule a call with our care coordinator to discuss any major changes to your care. We know your time is valuable. When you schedule a call, we can have all of your information prepared and ready so you can quickly get the answers you need.
You can also text us via the chat feature on our website. Our team is happy to respond during business hours with the best next actions you can take.