Financial therapy in New York City
Change your relationship with money and regain control of your financial future.
What is financial therapy?
Financial therapy is a specialized form of psychotherapy to address the emotional and behavioral factors that influence how you handle your money.
Money is a major source of conflict, stress, and unhappiness between parents and children, friends, siblings, and spouses. Our team offers individuals and couples financial counseling to address fraught monetary concerns safely and securely. Our therapists address conflicts related to salary, finances, inheritance, and more.
You may avoid discussing money or finances because the topic feels too difficult or embarrassing. Or like many New Yorkers, you may struggle with financial conversations because money is a source of stress and avoiding your bank accounts helps you ignore the reality of your financial situation. “Out of sight, out of mind” is not the solution. Our financial behavior specialists can help.
Financial stress can quickly spread into other areas of your life. It can make you feel isolated, paranoid, depressed, or anxious. While you can sometimes treat these symptoms individually, the underlying financial cause will remain. Money therapy eliminates one major source of stress so you can improve your overall mental well-being and thrive.
How does financial therapy work?
Financial advisors know a lot about the logistics of how to plan your retirement, investments, and assets. However, they aren’t trained in behavioral change or communication. Our elite financial therapists are dedicated to the integration of cognitive, behavioral, emotional, relational, and financial aspects of your wellbeing.
Your Money Story
Everyone has core beliefs about money, whether they realize it or not. These beliefs are often formed by early experiences. Some beliefs serve us well, causing us to be diligent financial managers or wise investors. Other money stories create anxiety and shame around money, causing constant worry or stress. In financial therapy, you’ll learn to identify these beliefs and the role they play in your life now.
Your Money Habits
Your deeper beliefs about money ultimately dictate the actions you take with your finances. Through financial counseling, you’ll connect your money mindset to your behavioral patterns like compulsive spending, emotional spending, financial insecurity, or financial anxiety. You’ll learn to set financial boundaries and experience more emotional regulation around money.
Your Financial Future
As you gain control over your relationship with money and increase in wealth, our financial therapists will continue to support you as you adjust to new socioeconomic levels. Many high earners and executives consistently utilize financial therapy at Healthy Minds NYC as part of their wealth strategy to break through a scarcity mindset and adapt their self-image as their finances evolve.
Frequently asked questions.
Financial therapists are not financial planners. In financial therapy you’ll focus on the mental and emotional aspects of money management. You can leverage your financial advisor or planner to make strategic decisions about how to best save, spend, or invest your resources.
Money feels so emotional because it’s not just about dollars and cents. Money serves as a physical manifestation of our deeper beliefs, values, hopes, and desires. In relationships, money can be a proxy for other aspects of the relationship.
Yes–we specialize in providing financial therapy for high earners in New York City. We have found that many high income professionals carry a heavy weight around money as they grapple with outdated childhood money messages, a sense of obligation to lower earning family and friends, and uncertainty about future financial decisions.
Yes–at Healthy Minds NYC we offer relationship enrichment support where you can focus on finances in structured sessions together. Our relationship expert can help you better communicate about finances, align your financial vision, and implement practical tools to support your financial management.
