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ISBN: 978-0-87101-421-4. 2011. Item #4214. 112 pages.
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Because of a cultural taboo against talking about money, psychotherapists and their clients avoid discussing the single most powerful cultural force shaping how people think, feel, and behave. Money and Psychotherapy: A Guide for Mental Health Professionals tackles the money taboo head-on, introducing mental health professionals to the topic of money, helping them understand how money can affect their ability to be effective in their work, and teaches them the basics of how to address money-related issues with their clients. This book also provides information about some of the problems that clients experience in relation to money and how money affects different clients in differing ways.
Drawing on four decades of experience as a social worker and psychotherapist, Richard Trachtman has written a book that has vital significance for the practice of psychotherapy. In Money and Psychotherapy, he addresses a broad array of topics, including:
- Specific areas of treatment related to money, such as fee setting and management and gift giving
- Techniques for opening up discussion with clients about their money history, beliefs, attitudes, and behaviors
- The meaning of money and the role it plays in the formation of identity and personality
- Class, gender, race, ethnicity, and nationality and how they affect money-related attitudes and behaviors
- The role of money in family relations
- The recent recession as a stressor that contributes to psychological and interpersonal problems
This is a unique book on a sadly neglected subject and, as such, an important contribution to therapy literature. Trachtman refers to the "money taboo" in therapy, and how true that is. In my 40 years as a psychiatrist and psychoanalyst, no supervisor or teacher or lecturer ever referred to the subject. This book should be required reading in every therapy training program. The practical explanations and excellent examples of problems and solutions are presented clearly and succinctly. The material discussed is long overdue and necessary on a subject central to all of our lives.
Sherman O. Schachter, M.D.
Editor, The Difficult Patient: Psychotherapeutic Strategies
About The Author
Chapter 1: The Money Taboo: How It Affects Both Therapist and Client
Chapter 2: The Money Taboo and the Mental Health Professions
Chapter 3: Considerations on Fee Setting and Management
Chapter 4: Thoughts about Accepting or Giving of Gifts
Chapter 5: Techniques for Raising Money-related Questions
Chapter 6: Money, Identity, and Personality
Chapter 7: Money and Meaning
Chapter 8: Money and Psychopathology
Chapter 9: Class, Gender, Race, Ethnicity, and Nationality
Chapter 10: Money and Family Relations
Chapter 11: Happiness, Well-Being, and the Recession
- Brad Klontz, PsyD.
former president of the Hawaii Psychological Association, associate research professor in personal financial planning at Kansas State University, and co-author of Mind Over Money: Overcoming the Money Disorders that Threaten Our Financial Health
Richard Tracthman joins the handful of us who believe that money is an important issue to explore in the clinical space. This exploration provides a dimension of meaning that often remains untapped therapeutically. Trachtman implores therapists to engage in the conversation as a means to opening up the multiple layers of understanding. This enhances the therapeutic process for both therapist and client.
Judith Stern Peck
Director, Money and Family Life Project
Ackerman Institute for the Family, New York
Author of Money and Meaning: New Ways to Have Conversations with Clients about Money