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Compulsive Spending Can Have Roots in Childhood

Sir Elton John, the celebrated English musician had a traumatic childhood which helped fuel years of addiction. Following the recent release of his autobiography titled, Me: Elton John Official Autobiography, he sat for an interview with Terry Gross of NPR’s Fresh Air in which he spoke candidly about how he dealt with the stress of…

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Couples Benefit from Financial Therapy

Allison and Peter’s relationship is an example of a successful marriage. They are both established in their careers, seem to align well regarding major life decisions and from all outward appearances are happy. Yet behind closed doors one would hear their arguments about saving for the future. Get closer still and one would observe the…

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What is Financial Therapy?

I recently spoke to a reporter at the Wall Street Journal. Ms. Albrecht called and wanted to interview for an article about Financial Therapy and specifically to learn how a financial therapist works. “What exactly is Financial Therapy?” she asked. That began a long conversation about what Financial Therapy is and is not. The short…

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Love Is The Drug: Sex & Relationship Addiction

I am often asked, “What exactly is sex and love addiction?” Or, “How can a person have too much sex or love too much?” To answer the question what is sex and love addiction, we might first begin with the question, “What is addiction?” According to the American Society of Addiction Medicine, addiction is, “A primary,…

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Teaching Children Healthy Money Habits

In another recent article published on creditcards.com, author Barri Segal contacted me to contribute my thoughts posted here:   Psychotherapist Debra L. Kaplan said one of the greatest changes to an adolescent’s life is their new and growing relationship to money and spending. And parents must teach children limits on any behavior, including access to credit cards,…

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