What Is Financial Therapy With Ed Coambs

<p><span style="font-weight: 400;">What is your relationship like with money? Are you always trying to keep up with the Joneses? Would you and your partner benefit from financial therapy? Don&rsquo;t judge, because everybody can benefit from therapy.&nbsp;&nbsp;</span></p> <p><span style="font-weight: 400;">In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Ed Coambs, a licensed marriage and family therapist, certified financial planner (CFP), and founder of Charlotte Couples Counseling. Ed shares practical tips to improve your financial behaviors and relationship with money.</span></p> <p><strong>Topics Discussed:</strong><span style="font-weight: 400;">&nbsp;</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Couples Around Money: Mix of emotion, experiences, and desire to connect&nbsp;&nbsp;&nbsp;&nbsp;</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why financial therapy? Financial stress due to thoughts, emotions, behaviors&nbsp;</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Pain Points: Spending versus saving is challenging and problematic for couples&nbsp;</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Power Control: What does money mean and represent? What is valued most?&nbsp;</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Equal Partnership? Understand social meaning of professional identity&nbsp;</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Converted Skeptic: Everybody can benefit from therapy with ability to heal</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Male Psyche: Character defect or discomfort doesn&rsquo;t make a narcissist&nbsp;&nbsp;&nbsp;&nbsp;</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Financial Flashpoints: Partner&rsquo;s experiences and expectations around money</span></li> <li style="font-weight: 400;"><span style="font-weight: