Acceptance and commitment financial therapy for women

Abstract

Despite the growing number of women in the workforce, research suggests that poverty is still primarily a woman’s issue and that single women continue to be more vulnerable financially than single men. This chapter examines women’s relationship with money and how their limiting financial beliefs may result in problematic financial behaviors. Financial therapy exercises based on acceptance and commitment therapy (ACT) Acceptance and commitment therapy are presented to help financial therapists inform women about their current financial reality, educate them about their limiting beliefs Limiting beliefs, and teach them how to move toward their valued goals by changing their relationship with money and making mindful choices about their future.