No matter your current cash flow, money has the uncanny ability to cause your blood pressure to rise. Maybe it’s because you’re not reaching goals. Or maybe it’s a problem keeping up with the bills. In my case, the stress starts from something pretty basic: How my husband and I actually talk to each other about our finances.
Backstory: We merged our bank accounts post-marriage a few years back. And ever since, the two of us come together weekly to review the data behind each expense. Still, the conversations can get emotional—heated, even—if we disagree with one another’s spending habits, something that, in turn, breeds stress.
That’s why I was intrigued to speak with Amanda Clayman, a financial therapist and Prudential’s financial wellness advocate, to talk through ways to improve our communication and minimize cash-related stress. In other words, she’s trained to use a cognitive behavioral therapy-based approach that integrates financial education, psycho-education and supportive counseling/coaching to help people re-evaluate their relationship with money. Game on.