Do you have anxiety about spending money or shame around debt? Do you feel like you’re in a constant negative loop with your money mindset?
You might want to see a financial therapist.
Learn more about financial therapy as I chat with Wendy Wright, a financial therapist, founder, and CEO of Financial Therapy Solutions. She sheds light on what financial therapy actually is, what to expect and how it can help you shift your money mindset and your financial life.
“I find myself describing financial therapy most of the time to people because they haven’t even heard of it yet.” – Wendy Wright
“With debt, sometimes it’s not even about the numbers, it’s about the relationship to the numbers and how that feels.” – Wendy Wright
“Just coming into a financial therapy session is really helpful to calm down some of the stories that are in our head and release us from some shame in some mindsets.” – Wendy Wright
“I would say that probably 90% of things that we think are about money are not. So when we begin to really delve into it in a financial therapy setting we get to see maybe it’s about self-worth, fear, safety, security, all those kind of things.” – Wendy Wright
What You Will Learn From This Episode
- What is financial therapy, what to expect from it, and who should go to it
- How financial therapy works and what is the cost
- Wendy’s advice on the following issues or mindsets:
- You can’t stop thinking about money
- You believe you’re ‘bad with money’
- You have highly vigilant or highly avoidant money behaviors
- Getting out of the debt cycle
- You want to invest and talk with a financial advisor/financial planner
- The feeling of shame and guilt either around debt or being a low-income earner
- The common issues that Wendy sees in her clients
- Other root causes of our issues that we tend to think are about money but really aren’t
- Tools and resources that are sometimes part of a financial therapy session
About Wendy Wright:
Wendy Wright, LMFT, CEDS, CIEC, Financial Therapist, is a psychotherapist and consultant based in Denver, CO. She offers financial counseling and helps you name the blocks that get in the way of your best financial life. In her early career, she was a mortgage loan officer, business owner, and a successful house flipper. Then later she became a Licensed Marriage and Family Therapist. It is the blend of the therapeutic and the financial that can help you find more clarity and freedom in your relationship with money, spending, saving, and debting.
Wendy is the founder and CEO of Financial Therapy Solutions, LLC, a financial therapy group practice based in Denver, CO. The Financial Therapy Solutions team of therapists also offers telehealth services.
She is a featured guest on several podcasts, including It’s Not a Crisis, The Nav.it podcast, and was a featured speaker for the Mental Health and Wealth Summit in 2021.
When she is not helping others find freedom in their relationships with finances, she is likely on her yoga mat, the ski slope, or a hiking trail!
Resources – (some may be affiliate links to support the website and podcast)
- Financial Recovery: Developing a Healthy Relationship with Money by Karen McCall
- The Art of Money by Bari Tessler
- Overcoming Underearning(TM): Overcome Your Money Fears and Earn What You Deserve by Barbara Stanny
- Overcoming Underearning: A Five-Step Plan to a Richer Life by Barbara Stanny
- Clever Girl Finance: Ditch debt, save money and build real wealth by Bola Sokunbi
- Clever Girl Finance: Learn How Investing Works, Grow Your Money by Bola Sokunbi
- Clever Girl Finance: The Side Hustle Guide by Bola Sokunbi
- Download Wendy’s Tracking Sheet here: Financial Therapy Solutions
- Breaking Down the Myths and Stigma of Therapy: An Interview with Cecille Ahrens, LCSW
Connect with Wendy
- financialtherapysolutions.com
- wendy@financialtherapysolutions.com
Connect with Melanie
- mentalhealthandwealth.com
- melanielockert.com
- Contact: mentalhealthandwealthshow@gmail.com
- Attend our next Money Management Check-in Party
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