Examining the Role of Financial Therapy on Relationship Outcomes and Help-Seeking Behavior

Disagreements about money are a significant and frequent source of conflict in couple relationships. Few studies to date have explored the dynamics of money in a couple context, and even fewer have explored the influences financial therapy may have on relationship outcomes and help-seeking intentions. The current exploratory study describes a three-session model involving a collaborative approach to financial therapy. Initial findings demonstrate a benefit to the couple relationship as well as insights on subsequent help-seeking intentions following the collaborative process. Financial therapy approaches may help prime couples for additional therapeutic and financial services, as emotional and relational topics tied to shared financial decisions and behaviors are disentangled. Implications and benefits for therapists and financial planners are discussed.