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-> Working Women
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amother
OP
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 Mon, Jan 17 2022, 9:35 am
How long does it take to get a degree in Financial Therapy and do they really help people?
Is there a course that teaches people how to match people to suitable businesses, and find suitable business opportunities?
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amother
Gladiolus
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Tue, Jan 18 2022, 3:08 am
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What is finacial therapy?
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Mommy1:)
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Sun, Jan 23 2022, 6:23 pm
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Hi OP, what you are describing sounds more like coaching than therapy. Even if you take the word Financial out of your description.
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cnc
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Sun, Jan 23 2022, 6:30 pm
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You can try reaching out to Simi Mandelbaum . I believe she’s one of only 300 financial therapists in the USA.
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amother
Gladiolus
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Mon, Jan 24 2022, 2:55 am
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Once again, what is financial therapy? Never heard of this.
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amother
Amber
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Mon, Jan 24 2022, 10:41 am
| amother [ OP ] wrote: |
Is there a course that teaches people how to match people to suitable businesses, and find suitable business opportunities? |
That isn't financial therapy; that's business coaching.
Financial therapy merges finance with emotional support to help people cope with financial stress. Financial advisors must often provide therapy to clients in order to help them make logical monetary decisions and deal with any financial issues they might be facing.
The Financial Therapy Association defines financial therapy as "a process informed by both therapeutic and financial competencies that helps people think, feel, and behave differently with money to improve overall well-being through evidence-based practices and interventions."
The most effective forms of financial therapy involve a collaboration between a person's financial advisor and a licensed therapist or specialist. Both the financial advisor and the therapist have unique qualifications that the other does not possess. Because of this, it's hard for one to provide complete financial therapy support, and trying to do so could potentially steer a person in the wrong direction and violate ethical codes. However, financial advisors often find themselves providing informal therapy to clients, and therapists often deal with emotional issues related to financial stress.
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amother
Amber
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Mon, Jan 24 2022, 10:47 am
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BTW you first have to have a degree in either mental health or finance before you can become a certified Financial Therapist.
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