Financial Therapy for Life Transitions
in California

Major life transitions, such as marriage, divorce, job loss, or retirement, can bring about financial stress. Financial therapy provides support during these transitions, helping individuals adapt to new financial realities and make informed decisions.

What are life transitions that impact financial stress?

  • Getting married involves combining finances, adjusting spending habits, and setting joint financial goals. Financial stress may arise from differences in money management styles, merging debts, or adjusting to new financial responsibilities.

  • Divorce can lead to a substantial change in financial circumstances, including the division of assets, alimony, child support, and adjustments to living arrangements. The process can be emotionally and financially draining, contributing to stress.

  • Losing a job or making a career change can result in a reduction of income and financial uncertainty. Individuals may face challenges related to budgeting, debt repayment, and maintaining their lifestyle during the transition.

  • The birth or adoption of a child brings new financial responsibilities, including child-rearing costs, healthcare expenses, and potential adjustments to work schedules. Balancing family expenses with existing financial goals can be a source of stress.

  • Buying a home or relocating can have financial implications such as mortgage payments, property taxes, and maintenance costs. These changes may impact a person's budget and financial stability.

  • Transitioning into retirement involves adjusting to a fixed income, managing retirement savings, and making decisions about healthcare and lifestyle. Concerns about outliving savings or maintaining a desired lifestyle can contribute to financial stress.

  • Coping with the death of a spouse or family member may involve managing inheritances, settling estates, and adjusting to changes in financial responsibilities. Grieving individuals may also face challenges related to financial decision-making during a difficult emotional time.

  • Dealing with a serious illness or disability can result in increased medical expenses, potential changes in employment, and adjustments to daily living. Financial stress may stem from healthcare costs and the impact on income.

Koru Financial Therapy can help with Life Transitions

Financial therapy during life transitions focuses on helping individuals navigate the intersection of these major life events and their financial implications. Therapists provide emotional support, assist in setting realistic financial goals, and develop strategies to cope with the financial challenges associated with the transition. Through open communication and practical guidance, financial therapy aims to reduce stress and empower individuals to make informed financial decisions during times of change. Read below for ways in which Koru Financial Therapy can help.

  • Koru Financial Therapy offers a safe and non-judgmental space for individuals to express their emotions related to life transitions and financial stress. This emotional support can be crucial in navigating the challenges of change.

  • Koru Financial Therapy helps individuals clarify their values and identify financial goals, especially during life transitions. This process helps create a roadmap for making financial decisions aligned with one's priorities.

  • Koru Financial Therapy assists in developing realistic budgets and financial plans tailored to the individual's or couple's specific circumstances. This includes adjusting spending, saving, and investment strategies to accommodate changes in income or expenses.

  • Life transitions can strain communication within relationships. Koru Financial Therapy focuses on improving communication about money matters, helping couples or family members navigate financial discussions and make joint decisions during transitional periods.

  • Koru Financial Therapy addresses stress management techniques to help individuals cope with the emotional toll of life transitions and financial challenges. This may involve mindfulness practices, relaxation exercises, or other stress-reduction strategies.

  • In the case of job loss or career changes, Koru Financial Therapy can assist in assessing financial situations, exploring career options, and managing the financial impact of the transition.

  • When life transitions involve loss, Koru Financial Therapy provides support in managing the financial aspects of grieving, such as handling inheritances, settling estates, and making decisions during emotionally challenging times.

  • Koru Financial Therapy helps individuals, couples, and families reassess their financial priorities in light of life changes. This may involve reprioritizing short-term and long-term goals, including savings, investments, and debt management.

  • Koru Financial Therapy assists individuals, couples, and families in planning for major life events, such as weddings, the birth of a child, or retirement. This involves creating financial strategies that align with personal values and goals.

  • Koru Financial Therapy focuses on building financial resilience by helping individuals, couples, families, and entrepreneurs develop coping mechanisms, problem-solving skills, and the ability to adapt to changing circumstances.

  • During life transitions, relationship dynamics may shift. Koru Financial Therapy addresses how these changes impact financial decision-making within relationships, fostering understanding and cooperation.

  • Koru Financial Therapy provides education on financial options and resources available during life transitions. This may include information on government programs, insurance, and other financial tools.

Contact Us

Hours
Monday, Tuesday, Thursday
10am–6pm

Phone/Email
(916) 234-6733

mariah@korufinancialtherapy.com

Calls or emails will be returned within 24 hours during business days.

Services

  • In-person
  • Nature
  • Walk & Talk Therapy
  • Online