Financial Therapy: Theory, Research and Practice

Money-related stress has been present since the advent of money. Today, more people experience financial stress and self-destructive behavior, regardless of economic conditions. Financial Therapy has emerged to address these concerns, evolving from a fringe area to a crucial field in psychology. “Financial Therapy” is the first comprehensive guide, bridging theory, practical methods, and cross-disciplinary evidence to improve clients’ financial well-being. It identifies money-based disorders like compulsive buying, financial hoarding, and workaholism, and explores early experiences that shape harmful “money scripts.” The book connects financial stability to broader therapeutic goals, offering practical assessment tools, intervention strategies, cultural and ethical insights, and case studies. It integrates research-based and practice-based models with established treatment approaches. This text is essential for professionals in psychotherapy, counseling, family therapy, financial planning, and social policy, serving as an introduction to and a roadmap for the future of financial therapy.