Financial Therapy
Hello all! Thanks for taking a moment to visit us here in the Community. Today I want to share a post from the QuickBooks Blog that, just being completely honest, had never heard of! Given that fact, I felt it was worth sharing with you all as well. Here's some informative info about financial therapy...
We know there are different forms of therapy for just about anything you can think of but one I had never considered may be one of the most important - finances. Financial therapy "offers to help small business owners (and individuals) repair and improve their relationship with money — so they can move forward with clarity and confidence." Furthermore, can be referred to as the intersection between money and emotions.
Financial therapists are not to be confused with financial advisors. Therapists focus more on your mental barriers that are driving financial decisions and/or holding you back from financial freedom, where as an advisor would focus solely on the actual numbers of your finances.
Here are a few ways financial therapy can help:
- Understand the real reason why you’re starting a business
- Ride the emotional roller coaster that is starting a business
- Overcome financial overwhelm
- Overcome financial anxieties using therapeutic tactics
As a new or even highly experienced business owner financial therapy sounds like it would be really beneficial. Take a look at the full article linked above for even more info. I invite you to share your thoughts in the comments below!