The Psychology of Debt

Behavioral Finance

The Importance of Financial Literacy for Mental Well-Being

Nathan Astle MFT, CFT-I on September 11, 2024

Financial literacy is a critical factor in mental well-being. Without proper financial knowledge, we can experience a decline in mental and emotional health based on money issues.

Parenting

Is Economic Support for Adult Children a Good Idea?

Nathan Astle MFT, CFT-I on August 5, 2024

Financial support for adult children can be hard to manage. To avoid relational issues, follow the model of financial scaffolding and open communication.

Stress

Redefining the Debt Experience

Nathan Astle MFT, CFT-I on July 10, 2024

Debt can bring immense stress, both emotionally and physically. Learning to redefine debt and move forward in a healthy manner is crucial for emotional well-being.

Relationships

The Loud Problem of Keeping Financial Secrets

Nathan Astle MFT, CFT-I on June 6, 2024

Debt causes financial strain, which is a major predictor of relational conflict. It's crucial to create a safe and empathetic culture of openness about money.

Behavioral Finance

The Emotional Side of Money and the Harm of Moralizing It

Nathan Astle MFT, CFT-I on May 13, 2024

Debt is incredibly common, yet we often do not discuss its impact. Moralizing debt can create isolation and shameful feelings.