FINANCIAL THERAPIST IN NEW YORK CITY
Money stress is real—and for many New Yorkers, it’s a constant burden. But taking charge of your finances can be the first step toward improving your overall well-being.
If you’ve ever felt stuck or overwhelmed by money matters, it may be time to explore the deeper patterns behind your financial behavior. That’s where financial therapy comes in.
At Healthy Minds NYC, our skilled financial therapists help you uncover and work through the emotional and psychological blocks that affect your relationship with money. Whether you're striving for savings, investment goals, or retirement readiness, financial therapy can provide the clarity and confidence you need to move forward.
What Issues Can a Financial Therapist Address?
A financial therapist addresses the emotional and behavioral factors that influence the way you handle your money. Many of these exist on a subconscious level. You may not even be aware of them until you speak to an expert.
Financial Therapy for Couples and Families
Money is a major source of conflict, stress, and unhappiness between parents and children, friends, siblings, and spouses. Our team offers family and couples financial counseling to address fraught monetary concerns safely and securely. Our therapists address conflicts related to salary, finances, inheritance, and more.
A financial therapist can work with all the parties who are struggling due to financial problems. By providing a non-judgmental perspective, your financial therapist will hear every perspective and find a resolution.
Financial Avoidance and Emotional Barriers
Many people avoid discussing money or finances because they think the topic is too difficult or embarrassing. Others may struggle with financial conversations because money is a source of stress. Some even avoid engaging with bank accounts to avoid the reality of their financial situation.
“Out of sight, out of mind” is not the solution. If your financial stress is beginning to grow and avoidance is no longer working, a therapist can help. Think of them as a financial behavior specialist. They will provide a listening ear and a knowledgeable, solution-oriented approach to tackling your stress. Your therapist can break your concerns down into digestible, actionable steps that make facing your fears less overwhelming.
Managing Financial Stress and Mental Health
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.
A therapist provides support and advice geared specifically toward the financial realm and the subsequent stresses. Ultimately, the goal is to get your finances in order and to give you the necessary advice and support to keep them that way. Money therapy eliminates one major source of stress so you can improve your overall mental well-being and thrive.
What is Financial Therapy?
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. Likewise, many therapists are adept at helping you cope with emotions, anxiety, and behavioral problems. Those professionals aren’t so good at helping you handle your money.
Financial therapy combines the best of both professions. Our expert practitioners are dedicated to the integration of cognitive, behavioral, emotional, relational, and financial aspects of well-being.
Our financial therapists at Healthy Minds NYC can help you deal with money worries and financial stress. They will be there to help you process the resulting impacts on your life and relationships.
Who Needs Financial Therapy?
Financial therapy isn’t just for the wealthy—it’s for anyone who makes emotional decisions about money. In other words, it’s for most of us.
Many people know what they should be doing with their money: saving, budgeting, spending thoughtfully. But knowing and doing are two very different things.
Like eating habits, financial behaviors are often fueled by emotions. Stress, fear, shame, or even excitement can all influence how you manage your money—sometimes in ways that don’t serve your long-term goals.
If you’ve noticed patterns in your financial choices that feel hard to change, you’re not alone. Our team at Healthy Minds NYC can help. Reach out today to schedule an appointment with a financial therapist.
More Resources About Financial Therapy in New York City
How to Resolve Financial Stress in Your Relationship
Has the pressure of managing finances as a couple caused stress in your romantic relationship? If so, you're not alone. It's not uncommon for couples to struggle to find common ground when talking about money.
Anxiety in the Concrete Jungle: Tips for Living With Anxiety in NYC
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What Are The Different Types Of Therapy?
If you have considered starting therapy in New York City, you may have felt stalled by the vast number of options there are for care. Not only are there many individual practitioners, group practices, or clinics to choose…
Frequently Asked Questions
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Financial therapists are professionals who help individuals understand and improve their relationship with money by addressing both the emotional and behavioral aspects of financial decision-making. They blend principles of financial planning with psychological support, helping clients work through issues like money anxiety, financial trauma, compulsive spending, or chronic under-earning.
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Salaries can vary depending on location, credentials, and whether the therapist works independently or within an organization. In the U.S., a financial therapist’s salary typically ranges from $60,000 to $100,000+ per year, with highly experienced or credentialed practitioners potentially earning more, especially in private practice or large urban areas.
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Healthy Minds NYC is an out-of-network provider. However, we do work with many major insurance plans. Visit our rates and insurance page here to learn how we can help you utilize your insurance benefits to reduce out-of-pocket costs.
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Financial counseling generally falls into three core types:
Preventive Counseling: Education and planning to help clients avoid financial problems before they start.
Crisis Counseling: Short-term support for immediate financial issues, like debt management or budgeting emergencies.
Ongoing Counseling: Regular sessions to address long-term financial habits, emotional patterns, and behavioral change—often aligned with financial therapy.
You can also text us via the chat feature on our website. Our team is happy to respond during business hours with the best next actions you can take.