Financial denial is a protective behavior that is usually found in conjunction with several other problematic financial behaviors like compulsive buying behavior, gambling disorder, hoarding disorder, workaholism, financial dependence on others, and financial enabling. It’s especially common in those that have to dominate Money Avoidance money scripts and Enneagram Type Nines.
Avoiding troubled financial situations worsens money disorders, leading to negative outcomes. Confronting and experiencing the underlying pain is necessary for healing and building a better financial future.
I identify harmful money scripts that cause people to become financially dependent on advisors with disorders, leading to downfall.
I discuss some specific types of disordered financial behaviors. The one for this week is financial dependency. This includes reliance on others for non-work income in a way that creates fear or anxiety.
Making poor financial decisions is a financial behavior destined to keep us poor. Over 70% of Americans think they understand money.
Here are the second part of Bari Tessler’s list of 21 things your Financial Therapist wants you to know part two. Actually I reduced it to 20.
Here are the first ten things your Financial Therapist wants you to know from part one.
What gives your life meaning? Physicians address physical/emotional wellbeing. We address emotional / financial wellbeing. True wellbeing requires all three.
What gives your life meaning? Physicians address physical/emotional wellbeing. We address emotional / financial wellbeing. True wellbeing requires all three.
Money skills requires knowing how to earn enough, spend wisely, save for future needs, protect your assets, maintain good credit, & build an emergency fund.
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