This week’s guest is Megan McCoy, LMFT, PhD an adjunct faculty member at Kansas State University where she teaches courses for the Financial Therapy Certificate Program. An expert on financial therapy and healing financial infidelity, Her research interests truly focus on how to create more empirical evidence to support work that she has seen change so many lives in her clinical experiences. She discusses strategies to help couples overcome the challenges and stigma around money issues, the role of money in couples’ power dynamics and breaking maladaptive patterns of behavior by working together against the problem. Finally she discusses the importance of understanding one’s partner’s history of handling money concerns and how this can affect current relationships, as well as strategies for maximizing the rewards of “retail therapy” while avoiding pitfalls like regret or disappointment.
