Wealth can impact relationships. Common sources of money conflicts include financial infidelity, lack of savings plan, spending conflicts, inability to balance priorities, money and family conflicts, inappropriate boundaries in monetary decisions, and utilizing money as power/influence. Seek help from a licensed health expert to address these issues effectively.
While wealth can lead to positive outcomes, it can also create strain and conflict in personal relationships. As a financial planning firm, our main focus is not on providing family therapy, but we are committed to highlighting common stress-inducing factors related to finances and relationships. Our goal is to help you recognize and manage any challenges that may be affecting your life effectively.
The way we see adults handle money and economic situations influences our own attitudes toward money from a young age. These beliefs become deeply ingrained as we age and can significantly impact our lives. They give rise to what are known as money scripts, which greatly influence our financial behaviors. The first step in addressing harmful money habits is recognizing the issues associated with these beliefs about money.