Explore the financial aspects of relationships, including marriage, family, and friendships. Learn about effective communication around money, joint finances, financial planning as a couple, and resolving financial conflicts. Develop healthy financial dynamics in your relationships.
In our journey through life, one of the most complex and often uncharted territories is that of financial communication with our loved ones. Money, an entity so deeply intertwined with our emotions, dreams, and fears, often becomes a source of tension in relationships. But why is talking about finances so fraught with difficulty? It’s not … Read more
When I first met Aaron*, a client of mine, he was at his wit’s end. His relationship with his wife, Rebecca*, had hit rocky waters, and most of their disputes were about money. Aaron, a conservative spender, believed in saving for a rainy day and meticulously budgeting every dollar. Rebecca, on the other hand, was … Read more
As a mother, I have come to realise that one of the most important life lessons we can impart on our children is financial literacy. Picture this: if we consider life as a complex puzzle, then understanding money is like having the corner pieces. They’re not the whole picture, but they give you a place … Read more
As I sit here today, a certified financial psychologist, author, and advocate for financial wellness, I can’t help but reflect on the winding road that brought me here. It’s a journey punctuated by highs and lows, moments of despair, and flickers of hope. But there’s one aspect of this journey that profoundly shaped who I … Read more
the nuances of budgeting, expense tracking, and long-term financial planning in polyamorous relationships, uncovering both the challenges and strategies for managing money in a multi-partner dynamic.
Generational wealth refers to assets that are passed down from one generation to another. This wealth can take many forms – income, property, investments – and provides financial stability and opportunity to recipients. While generational wealth has many benefits, we must understand its larger impact on socioeconomic equity if we aim to create a just … Read more
The content emphasizes the importance of open and honest communication about financial matters between couples. It covers five critical areas: debt and credit scores, financial goals, spending habits, income, and insurance. In each area, the significance and strategies for effective discussion are elaborated, stressing on shared decision-making for achieving better financial health and stability
House-hunting with your spouse is a romantic narrative veiled in layers of financial complexity and emotional nuances. As a financial psychologist, I’ve seen this odyssey elevate relationships and destabilize them, build empires of comfort and mountains of debt. Let’s walk through this labyrinthine journey together, breaking down the aspects that most couples blissfully ignore or … Read more
Starting a business is a thrilling endeavor, filled with hopes, dreams, and the promise of potential success. Embarking on this journey with a friend by your side can make the process even more exciting. After all, who better to share the highs and lows of entrepreneurship than someone you already trust and share a bond … Read more
In a world driven by ambition, competition, and constant flux, we often overlook a simple yet profound act – offering encouragement. While the importance of technical skills, knowledge, and practicality cannot be denied, the potency of a kind word or a supportive gesture remains unmatched. Drawing from my background in financial psychology and personal experiences, … Read more
Lucy sat at the kitchen table, her feet not quite reaching the floor, swinging her legs back and forth. She was munching on a peanut butter and jelly sandwich, and her thoughts were miles away from the delightful taste in her mouth. Her father had been talking in hushed tones with her mother the previous … Read more
It’s often said that love and money are the two most debated topics around the world. When intertwined in a relationship, they can either lay the foundation for mutual growth or become a point of contention. Financial disagreements can bring underlying fears and insecurities to the forefront, muddying the waters of even the most harmonious … Read more
Whispered words from grandparents, off-handed comments from parents, the barely audible sighs during bill-paying nights—generations past unknowingly impart their financial lessons in these fleeting moments. While some of these lessons serve as sturdy stepping stones, others might feel more like stumbling blocks. Many of us have inherited a tapestry of generational money beliefs, woven with … Read more
I have financial power of attorney for my 59-year-old mother, who earns around $11 per hour and just manages to cover her $700 monthly rent and living expenses. I’m her only child and live in a region where the cost of living is low, while my income is decent. How can I effectively prepare for … Read more
In love and relationships, trust is the music that guides the rhythm and flow. It’s the unspoken understanding that two partners are working in harmony, aligning their steps, and moving towards shared goals. But what happens when the music falters, and a partner strays from the agreed-upon path? In the realm of money management, this … Read more
Taking that significant step of moving in together is a thrilling leap of faith that blends emotions, lives, and of course, finances. It’s a venture into uncharted waters, filled with the joy of sharing space and the complexity of intertwining monetary matters. It’s about love and trust, but also about dollars and cents. These intricate … Read more
In a world where many of us lead increasingly sedentary lives, tied to our screens and confined by routines, the primal joy of movement can feel like a lost art. Ecstatic Dance offers a rediscovery of that joy, a chance to reconnect with our bodies, minds, and emotions through the unbridled power of dance. But … Read more
Behavioral economics pulls back the curtain on the irrational ways we often handle money. We’ll unravel the mysteries of human behavior in economic decisions, enriching readers’ understanding of why we often act against our financial best interests. At times perplexing, often downright baffling, the mental pathways we take in making financial choices can be a … Read more
In a world that often seems ruled by numbers, it’s easy to forget the faces behind the figures. Financial hardship is not just an economic issue; it’s a human one.
In the convoluted landscape of modern business, salary negotiations and compensations are often shrouded in secrecy, treated almost as taboos. While some argue that keeping salaries under wraps protects individual privacy, a growing movement pushes for open salary disclosure as a pathway to equity and fairness. As a financial psychologist who often delves into the … Read more