catherine@eatonfamilylawfirm.com's blog

PART 2 by Megan Wolfe, CPA - Wolfe Financial Group

Protective Financial Attachment Style - “Money as Security”

The Protective financial style views money as security. A full bank account and a vast retirement portfolio means that life can be stress-free and that all their needs can be met. This style prefers that their savings remain untouched.

Money, from this perspective, represents protection against a rainy day or emergencies. Safety and stability are top priorities for this attachment style.

Money Matters: A Mental Health Professional’s Perspective on the Four Financial Attachment Styles

By Kristin Wallace, PhD, Counselors for Change

Money is by far the most common point of conflict between separating couples. It is important to realize that money in of itself is often not the primary issue; rather, what money symbolizes for people, what it represents, and how it provides identity are the real underlying points of contention.

Money is by far the most common point of conflict between separating couples. It is important to realize that money in of itself is often not the primary issue; rather, what money symbolizes for people, what it represents, and how it provides identity are the real underlying points of contention.

One of the first questions clients ask is, “What is this divorce going to cost?” They almost always are inquiring about the cost in dollars and cents. They learn that there is also an emotional cost to divorce which can be the most expensive aspect of the divorce process.