Financial Therapy: A Baby, And A Plan

Financial Therapy: A Baby, And A Plan

In Cora and Garrett's final session with financial therapist Amanda Clayman, they talk about soon becoming parents, and their recent experience consulting a financial advisor while navigating Garrett’s gambling addiction—which is still a sensitive subject for him. "I guess I would have preferred that we didn't have to mention it," Garrett says. "But it's kind of like the elephant in the room a little bit with coming up with a system."  And while the financial advisor helped them feel more confident about paying off their debt, Cora and Garrett say they still are having trouble seeing eye to eye about their finances. Garrett says he's found it difficult to be excited about paying off some of their credit cards, while Cora says she wants to celebrate victories as they come. "This is the thing that is different between straight financial advice and financial therapy," Amanda says. "There may need to be a period of digging into the mess, if you will, of what stands between where you are today and where it is that you'd like to go. It's not as simple as, here's the perfect sort of way to organize this. Now, just go do it."  To hear more of Amanda, check out the NPR podcast Life Kit. In their most recent episode, Amanda goes over some helpful principles of financial intimacy for couples—things she thinks about when counseling couples towards healthy financial behaviors, and tips you can use in your own relationship. It’s available wherever you listen, and at npr.org/lifekit.

Jaksot(150)

"This Has Been A Long Time Coming."

"This Has Been A Long Time Coming."

"I'm struggling. I’m not doing well." "I cry, it hurts my heart, sort of physically it hurts." "I want to scream." "Friends ask if I'm okay. And I tell them I'm not, because I'm not. How can we be oka...

5 Kesä 202021min

Financial Therapy: How Much Should I Help My Family?

Financial Therapy: How Much Should I Help My Family?

Right now, Frenchie is feeling secure in her job as an administrator at a Texas college. But that's not the case for her dad and her three sisters. They're all experiencing various levels of financial...

3 Kesä 202031min

What Do You Need To Say Right Now?

What Do You Need To Say Right Now?

What do you need to say right now? As we take in the anguish that's surfacing today—about the fact that COVID19 is disproportionately impacting communities of color, about the violence of police bruta...

1 Kesä 20200s

Financial Therapy: Why Did I Take That Risk?

Financial Therapy: Why Did I Take That Risk?

Two years ago, Mathew* quit an executive job and struck out on his own to start an independent consulting firm. After months of bringing in "90% less than what [he] used to," business was finally star...

27 Touko 202028min

Financial Therapy: What Is Our Savings For?

Financial Therapy: What Is Our Savings For?

Before the pandemic, Dale ran an event space in Knoxville, Tennessee. After cancelling every booking this month—which was set to be their busiest ever—she finds herself wondering how to share the burd...

20 Touko 202028min

Financial Therapy: Meet Amanda Clayman

Financial Therapy: Meet Amanda Clayman

Many of you are in financial transition right now. You've lost jobs, income, stable housing. And you're worried about what's to come. And this time of uncertainty isn't just bringing up thoughts about...

18 Touko 202014min

Madeleine Albright On Ambition and Obsoleteness

Madeleine Albright On Ambition and Obsoleteness

Madeleine Albright was in her early 20s when she wrote in an essay, "I am obsolete." She'd just become a mother to twins, and since graduating college had moved several times for her husband's jobs in...

13 Touko 202033min

What Is A "Good Death" During A Pandemic?

What Is A "Good Death" During A Pandemic?

We recently got an email from a listener named Lindsay. She's a nurse who normally works in pediatric oncology, but right now is working in an adult ICU with COVID-19 patients. And even though, as she...

8 Touko 20200s

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