505 –  Mental Health and Money with Financial Therapist Amanda Clayman

505 – Mental Health and Money with Financial Therapist Amanda Clayman

Author: Doug Hoyes May 4, 2024 Duration: 30:00

Doug is joined by Amanda Clayman, a financial therapist specializing in helping clients understand how their thoughts, feelings, and past experiences shape their financial choices through Cognitive Behavioral Therapy. Her expertise has been highlighted in various media outlets including CNBC, Forbes, The Wall Street Journal, The New York Times, and The Oprah Magazine.

In this episode, we look at the emotional aspects of financial challenges and address the impact it can have on our mental health.  Amanda shares strategies for achieving financial objectives during times of struggle. We also discuss how financial decisions affect our relationships and the importance of values and goals.

Time Stamps:

00:00 Introduction

01:17 What is a financial therapist?

03:35 How can a financial therapist help you?

04:13 Do financial problems cause psychological stress?

06:07 How does financial therapy work?

09:01 What's an example of how someone would describe their financial situation?

11:53 Advice for couples dealing with difficult financial decisions

17:00 Client trends in financial therapy

17:37 Values and goals

24:13 How many sessions of financial therapy will you need?

 

 

Related Links:

Are Debt and Mental Health Connected? Understanding Debt Stress: https://www.hoyes.com/blog/are-debt-and-mental-health-connected-understanding-debt-stress/

About Amanda: https://amandaclayman.com/about

Amanda Clayman Website: https://amandaclayman.com/

Amanda's Podcast, Emotional Investment: www.Audible.com/emotionalinvestment

Amanda Clayman LinkedIn: https://www.linkedin.com/in/amandaclayman/

Amanda Clayman Twitter: https://twitter.com/mandaclay

Amanda Clayman Instagram: https://www.instagram.com/amandaclayman/

Amanda Clayman Facebook:  https://www.facebook.com/AmandaClaymanFinancialTherapy/

Amanda Clayman Pinterest: https://www.pinterest.ca/claymanamanda/


Doug Hoyes sits down each week with a different specialist to untangle the complicated feelings and hard numbers around owing money. The conversations in Debt Free in 30 move beyond simple scare tactics or dry theory, focusing instead on actionable strategies for managing debt, rebuilding savings, and making informed investing choices. You’ll hear from trustees, financial planners, and counselors who explain concepts in plain language, stripping away the industry jargon that often leaves people feeling overwhelmed. Whether it’s navigating a consumer proposal, understanding credit scores, or starting to invest with a tight budget, this podcast provides a clear-eyed look at the steps toward financial stability. Doug’s approach is grounded and pragmatic, reflecting his deep expertise in the field, making each episode feel like a direct consultation with a knowledgeable guide. Tuning in regularly offers a consistent source of demystified advice, turning what can be a stressful topic into a manageable process. It’s that blend of expert insight and relatable conversation that defines this particular personal finance podcast.
Author: Language: English Episodes: 500

Debt Free in 30
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