In your 20s, success often feels like a race: Who’s climbing the corporate ladder the fastest? Who’s buying a house first? By your 30s, you realize the race is a myth. Success is deeply personal.

In the last five years, financial therapy has gained significant traction, thanks to groundbreaking research linking financial trauma to mental health and neurological responses. Studies now reveal that financial stress can physically alter the brain, with disproportionate effects on marginalized communities, including women, minorities, and LGBTQ+ individuals. Let’s dive into the science and explore actionable strategies for overcoming these challenges.

In recent five years, the research domain called behavioral finance has taken off and has provided directions on how psychological factors affect behaviors concerning finance.

Money is not just figures; it is associated with our emotions, and those emotions are positive in the case of the speaker. Still, it is surprising that people find it off-limits to talk about such close feelings.