Tag: money mindset

Unlocking Financial Peace: How Financial Therapy Can Help
June 13, 2025 Off

Unlocking Financial Peace: How Financial Therapy Can Help

By The Admiral Staff

This article introduces financial therapy, a growing field that blends emotional support with financial education to help people develop a healthier relationship with money. Financial therapists address behaviors, beliefs, and past trauma related to finances, often working with individuals struggling with issues like compulsive spending, money hoarding, or financial anxiety. To be certified, therapists must meet specific requirements through the Financial Therapy Association (FTA). The article differentiates financial therapy from traditional therapy and financial advising, highlighting its focus on emotions surrounding money. It outlines common issues financial

The Bragging Friend: Why the Same Conversation Keeps Coming Up
August 4, 2024 Off

The Bragging Friend: Why the Same Conversation Keeps Coming Up

By The Admiral Staff

A reader is frustrated because a friend repeatedly brings up his job search and salary aspirations in every conversation. The advice columnist suggests gently asking the friend why he keeps revisiting this topic, as it could stem from a desire to showcase his success or a deeper, unaddressed relationship with money. The columnist encourages open-ended questions to understand his motivations and subtly point out the repetitive nature of the conversations.

Retirement Reality Check: Bridging the Savings Gap with Your Partner
January 5, 2024 Off

Retirement Reality Check: Bridging the Savings Gap with Your Partner

By The Admiral Staff

A reader concerned about his wife’s lack of retirement savings is advised not to try to “convince” her, but instead to understand her perspective. The advice emphasizes open, non-judgmental communication about each partner’s relationship with money, including their histories, fears, and expectations for the future. Once understanding is established, the couple can collaboratively plan for retirement, potentially seeking guidance from a financial planner to explore strategies for late-stage saving and maximizing resources like Social Security and assets.