What is Financial Therapy?
Financial therapy involves the integration of cognitive, emotional, behavioral, relational, and economic aspects that influence financial well-being, and ultimately, quality of life. Financial therapy professionals understand the interpersonal and intrapersonal aspects of money and utilize this knowledge to help clients achieve their financial goals. Financial therapy scholars are dedicated to producing and sharing clinical, experimental, and survey research that progresses the field of financial therapy.
What is the Financial Therapy Association?
The Financial Therapy Association (FTA) is an organization comprised of professionals dedicated to the integration of cognitive, emotional, behavioral, relational, and financial aspects of well-being. The FTA exists to unite professionals from multiple disciplinary backgrounds to create a new profession of financial therapy, disseminate cutting edge research, best practices, and training that enhance client quality of life, and shape public policy and practice management standards within financial therapy.
Members of the Financial Therapy Association (FTA) are pioneers in the emerging field of financial therapy. The FTA aims to:
- Define financial therapy as a profession
- Establish practice standards
- Develop competency, training, and ethical guidelines
- Promote empirical research and theoretical development
- Increase awareness of financial therapy for the general public
- Expand visibility of financial therapy to financial and mental health professionals
- Engage FTA members in the advancement of financial therapy