Friday, November 16th, 2018
Category: Financial Stress
Helping Financial Counseling Clients Overcome Money Anxiety
Since 2007 money has topped the list of sources of stress for Americans, with almost two-thirds reporting that money caused them very significant or somewhat significant stress. Money is also the leading cause of stress in relationships, with 70% of married couples arguing about money and money issues topping the list of reasons couples divorce. In this session presenters will review the statistics about money stress and anxiety and discuss methods financial counselors, planners and educators can utilize to help their clients overcome money anxiety through education, the physical office environment, money mindfulness and communication skills.
Questions or Implications for Researchers: Although there are evidence-based practices that can reduce client anxiety and stress, the studies are few in number. Further testing and research needs to be done in this area to substantiate the findings in the current research.
*CFP Pre-Approved Session - 1 CEU