Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Free Financial Advisor
The Free Financial Advisor
Travis Campbell

10 Things Therapists Know About Your Relationship With Money

Image Source: pexels.com

We all have a relationship with money, whether we realize it or not. It shapes our choices, influences our stress levels, and even impacts our relationships with others. But have you ever wondered what therapists know about your relationship with money that you might not? Therapists see firsthand how money beliefs and behaviors can make or break our sense of security and happiness. Understanding these insights can help you break free from unhealthy patterns and build a more positive, empowered approach to your finances. Let’s dive into what therapists wish everyone knew about their relationship with money—and how you can use these lessons to improve your own financial well-being.

1. Your Money Story Starts Early

Therapists know that your relationship with money often begins in childhood. The way your family talked (or didn’t talk) about money, how they handled spending and saving, and even the financial stress you witnessed all play a role in shaping your beliefs. If you grew up hearing “money doesn’t grow on trees” or saw your parents argue about bills, those experiences can stick with you. Recognizing your money story is the first step to understanding why you make certain financial choices today.

2. Emotions Drive Financial Decisions

It’s easy to think money decisions are all about logic, but therapists see emotions at the wheel more often than not. Whether it’s retail therapy after a tough day or anxiety-driven hoarding, your feelings can lead you to spend, save, or avoid money altogether. Learning to pause and check in with your emotions before making financial decisions can help you build a healthier relationship with money.

3. Money Beliefs Can Be Limiting

Many people carry limiting beliefs about money, like “I’ll never be good with money” or “rich people are greedy.” These beliefs can sabotage your financial progress without you even realizing it. Therapists encourage clients to challenge these thoughts and replace them with more empowering beliefs, such as “I can learn to manage my money” or “wealth can be used for good.” Shifting your mindset is key to changing your relationship with money.

4. Financial Stress Impacts Mental Health

Therapists see the toll that financial stress takes on mental health every day. Worrying about bills, debt, or job security can lead to anxiety, depression, and even physical health problems. In fact, financial stress is one of the leading causes of anxiety in adults. Addressing your relationship with money isn’t just about dollars and cents—it’s about your overall well-being.

5. Avoidance Makes Problems Worse

It’s tempting to ignore money problems and hope they’ll go away, but therapists know that avoidance only makes things worse. Whether it’s unopened bills or unaddressed debt, avoidance can lead to bigger issues down the road. Facing your finances head-on, even if it’s uncomfortable, is a crucial step toward healing your relationship with money.

6. Communication Is Key in Relationships

Money is one of the top sources of conflict in relationships. Therapists often work with couples who struggle to talk openly about spending, saving, and financial goals. Honest, judgment-free conversations about money can strengthen your relationship with money and with your partner. Try setting aside regular “money dates” to check in and plan together.

7. Self-Worth Isn’t Tied to Net Worth

It’s easy to fall into the trap of measuring your value by your bank account. Therapists remind clients that self-worth and net worth are not the same. Your relationship with money should be rooted in self-respect and healthy boundaries, not shame or comparison. Practicing gratitude and self-compassion can help you separate your identity from your financial status.

8. Financial Goals Need to Be Personal

Therapists know that generic financial advice doesn’t work for everyone. Your goals should reflect your values, dreams, and unique circumstances. Whether you want to travel, buy a home, or simply feel secure, your relationship with money will improve when your goals are meaningful to you. Take time to define what financial success looks like for you, not just what others expect.

9. Progress Is More Important Than Perfection

Many people get stuck striving for financial perfection, but therapists encourage focusing on progress instead. Small, consistent steps—like tracking your spending or saving a little each month—can transform your relationship with money over time. Celebrate your wins, learn from setbacks, and remember that change is a journey, not a destination.

10. Help Is a Sign of Strength

Therapists want you to know that seeking help with your finances is a sign of strength, not weakness. Whether it’s working with a financial planner, joining a support group, or talking to a therapist, getting support can make a huge difference. Some financial therapists specialize in helping people heal their relationship with money. Don’t be afraid to reach out—you don’t have to do it alone.

Building a Healthier Relationship with Money Starts Today

Your relationship with money is always evolving, and it’s never too late to make positive changes. By understanding the emotional roots of your money habits, challenging limiting beliefs, and seeking support when needed, you can create a more empowered, peaceful financial life. Remember, your relationship with money isn’t just about numbers—it’s about building a secure and fulfilling future.

What’s one thing you’ve learned about your relationship with money? Share your thoughts in the comments below!

Read More

5 Apps to Simplify Your Finances

How to Start Saving Money Now

The post 10 Things Therapists Know About Your Relationship With Money appeared first on The Free Financial Advisor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.