Author: Yosef

What Is a Financial Therapist?

A financial therapist is a certified professional who provides therapy services with the goal of changing the way that clients think, feel, and behave in regard to money. Financial therapy is a relatively new field combining elements of financial advisory and therapy services.

Certified Financial Therapists (CFTs) aim to help clients address underlying sources of financial stress, modify their future financial behavior, and explore and change their relationship with money.

As people age, they are confronted with physical, emotional and social
changes that can be difficult to manage, even with the devoted support
of family and friends. Elderly patients experience many changes in their
lives which make them more vulnerable to disease, notably, depression.
Often the lines are not clear as to whether a patient’s problem
is depression, dementia, or a medical illness emerging as a behavioral
disturbance.

Within the RWJBarnabas Health Behavioral Health Network, our compassionate
teams of geriatric psychiatrists, psychiatric nurses, clinical social
workers, and adjunct therapists work alongside our elderly patients and
their families to achieve