How to Develop a Healthy Money Mindset
The Love, Happiness & Success Podcast with Dr. Lisa Marie Bobby
Music Credits: Jeremy Allingham, “Money Gods”
What’s Your Money Mindset?
One of the biggest goals for many people at this time of year (who are we kidding — at all times of year) is to feel more in control and empowered with regards to their finances. As a therapist and online life coach, I often see clients who want to save more, spend less, attain their financial goals, and feel like they’re being compensated fairly for their valuable time and energy. This sounds like a straightforward and solvable problem, right? Just budget! Save more! Spend less! Start packing your lunch! It’s no big deal!
Except… when you peek underneath the mental and emotional hood, people are actually having a complex, and often subconscious way of relating to money that impacts the way they behave to a much more significant degree than their good intentions to conscientiously meal prep and use a budgeting app. What we know from the emerging field of financial therapy is that we are all carrying old, deep, and often subconscious thoughts, feelings and core beliefs about money and our relationship to money — often stemming from our experiences in our families of origin.
Why Financial Therapy is Important
Until you have the opportunity to dig into your subconscious core beliefs and feelings about money, it can be very difficult to implement lasting behavioral changes to the way you handle your money. Financial therapy often involves helping you develop the kind of healthy “money mindset” that will allow you to feel in control of your financial future and get back on track with your real goals.
Financial Therapy For Couples
Our relationship to money impacts the way we handle our individual finances, but it can also have a significant impact on our marriages. Money fights are one of the most common pain points for couples. When two people come together to form a marriage and family, who are (of course) both carrying their own subconscious ways of relating to money, it can become highly conflictual because these subconscious ways of dealing with money may be at odds with each other..
Most couples need to do intentional and meaningful personal growth work to get on the same page with regards to their finances. This work needs to go deeper than band-aid quick-fixes, like admonishments to make a budget. This deep inner work needs to help couples understand each other’s experiences that have shaped their values around money, as well as examine the core needs that are being met through their relationships to money. Only with that level of empathy and understanding are couples able to achieve real and lasting change around their financial partnership. The great news is that you can reprogram your brain once you gain a good understanding of the driving forces behind how you relate to finances.
Develop a Healthy Money Mindset
To help YOU begin to understand your relationship with money, I’ve invited financial therapist Jennifer Dunkle, M.A., LPC to join me on this episode of the Love, Happiness and Success Podcast. Jennifer specializes in financial therapy, and provides financial therapy for couples as well as individuals. Listen (or watch) and get Jennifer’s tips for how to:
- Uncover your subconscious beliefs and feelings about money
- Understand how your family of origin experiences may be impacting the way you handle money
- How to get a handle on impulsive spending
- How to manage financial anxiety
- The types of money issues couples deal with, and how to resolve them
- How to heal from financial infidelity in marriage
- How to spot (and stop) financial abuse in a relationship
- How to handle power and control issues around money in a relationship
- Practical strategies and resources to help you develop a healthy money mindset
I hope that this discussion helps YOU get insight into yourself and your relationship with money, so that you can create a money mindset that helps you achieve your financial goals.
Wishing you all the best,
Listen & Subscribe to the Podcast
How to Develop a Healthy Money Mindset
The Love, Happiness & Success Podcast with Dr. Lisa Marie Bobby
Music Credits: Jeremy Allingham, “Money Gods”
Free, Expert Advice — For You.
Subscribe To The Love, Happiness, and Success Podcast
Let’s Talk.
Schedule a Free Consultation Today.
Dr. Lisa Marie Bobby is a licensed psychologist, licensed marriage and family therapist, board-certified coach, AAMFT clinical supervisor, host of the Love, Happiness, and Success Podcast and founder of Growing Self.
What Should I Do With My Life?
Figuring out what to do with your life can feel overwhelming, especially when you have lots of options. Here’s how to get clarity and direction…
Why “Holistic” Career Coaching?
“Holistic career counseling” takes all of your life goals into consideration when crafting your career path. Why this matters…
Professional Development
Choosing a career and getting a job is only the beginning. Professional development helps you continue to grow and thrive. Learn more…
What is Emotional Intelligence?
Emotional intelligence can make or break a career (not to mention a marriage). Read “what is emotional intelligence” to learn why EI is so important on the job, and off — and how to develop it in yourself.
What is a Career Path?
Career pathing refers to the process of mapping out your professional trajectory, step by step, and into the future. Here’s how to make “career path planning” work for you…
Leadership Development
Moving into a leadership role often requires an entirely different skill set than the one that led to your original success. Want to grow into a great leader? Learn about leadership coaching.
Choosing a Career
Deciding on a career is a major life decision that requires deep insight into yourself, in order to create a satisfying career in alignment with your passion and your values. Learn how to choose a career…
What is a Career Coach?
What does a career coach do? What to expect in career coaching? What are the different types of career coaches? All is revealed in, “What is a career coach?”
How to Find a Career Coach
Not all career coaches are the same in terms of their training, expertise, or capacity to help you in specific situations. Here’s what you need to know about finding the right career coach for you…
How Much Does a Career Coach Cost?
Great career counseling is priceless, but the cost of a career coach can range from free, to thousands, depending on your goals and the type of coach you choose. Learn about career coaching costs, right here.
Does Insurance Cover Coaching
Does insurance cover coaching? Is there such a thing as “coaching insurance?” Here’s what you need to know about health insurance and coaching…
Gift Career Coaching
You can support a loved one through their career exploration and professional growth work by gifting them career coaching with an expert career counselor. How to gift career coaching…
Career Coaching Services
We offer many career coaching services to support your career development including Denver career coaching, online career counseling, leadership coaching, emotional intelligence coaching, and more.
Resume Writing Services
While our specialty is in-depth career counseling for personal growth and professional development, we also offer resume writing services and interview coaching. Learn more…
Solution Sessions
If you’re looking for quick career advice about a specific situation, consider a one-time solution focused coaching session to get clarity and direction. Learn about “solution sessions.”
The Success Collection
Our career counselors are here for you. Browse The Success Collection for their best career advice in our blog and podcasts.
More Questions? Let’s Talk.
We’re available by phone, email, text and chat, and happy to answer any of your questions personally. Get in touch, anytime.
Start Career Coaching
Ready to begin career coaching with Growing Self? Schedule a free coaching consultation with the coach of your choice. Start here.
Hey Lisa,
Great work! You’ve outdone yourself this time.
This is probably the best, most concise step-by-step content I’ve ever been through on financial anxiety.
ANYWAY. I’m so happy I stumbled upon your site. It’s Amazing! Instant fan.
Thanks for sharing. Have a nice week ahead.
Cheers!
Liam
Hey Lisa,
Great work! You’ve outdone yourself this time.
This is probably the best, most concise step-by-step content I’ve ever been through on financial anxiety.
ANYWAY. I’m so happy I stumbled upon your site. It’s Amazing! Instant fan.
Thanks for sharing. Have a nice week ahead.
Cheers!
Liam