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financial psychology

November 16, 2022

What do you do when you want to be in a holiday mode but your wallet doesn’t?

It’s a week away from thanksgiving. The entire family is planning on getting together at one of the family member’s houses and I already know we are going to talk about how well everyone is doing, especially financially. After thanksgiving, it’s immediately … [Read more...] about What do you do when you want to be in a holiday mode but your wallet doesn’t?

Filed Under: Financial Therapy, financial wellness

November 2, 2022

Dealing with Post-Pandemic Financial Upheaval

The pandemic’s daunting psychological challenges are largely behind us. Now it’s time to deal with the financial challenges. These are uncertain, upsetting, unprecedented economic times. Savings are being eroded by inflation and stock market losses. Credit … [Read more...] about Dealing with Post-Pandemic Financial Upheaval

Filed Under: Financial Therapy, financial wellness

October 26, 2022

Earning and Inflation

People hear the word inflation and their shoulders drop – no one celebrates when their economy is suffering from inflation. It is a word thrown around quite often in the media as well as our daily conversation sometimes. We know it hurts our wallets and can … [Read more...] about Earning and Inflation

Filed Under: Financial Therapy, financial wellness

October 10, 2022

Millennial Money: Learn — don’t run — from your inner critic

Journalist’s name: Laura McMullen Publication: Nerdwallet I can be so mean to myself. My inner critic roasts my actions like a political attack ad, with claims that are cruel, overstated and often inaccurate. My ad would assert that I’m stupid with … [Read more...] about Millennial Money: Learn — don’t run — from your inner critic

Filed Under: Financial Therapy, financial wellness

October 5, 2022

When Money Catches Up to Ageing

Retiring. Buying a cozy house somewhere warm. Spending days by the beach, reading a book. Now, that is an ideal plan after retirement. However, I’m sure most of you already know this type of future is not only unrealistic but is becoming more and more … [Read more...] about When Money Catches Up to Ageing

Filed Under: financial stress, Financial Therapy, financial wellness, resources

September 28, 2022

A student with debt, synonymous life with debt?

“This is how student loan debt became a $1.7 trillion crisis” “The Student Loan Crisis Is Worse Than You Think” “Stories of the student-debt ‘hamster wheel’ borrowers can’t escape” “I took $20,000 in student loans and now owe $50,000” These horror … [Read more...] about A student with debt, synonymous life with debt?

Filed Under: Financial Therapy, financial wellness

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DR. ALEX MELKUMIAN, PSYD, LMFT

Dr. Alex Melkumian

Dr. Melkumian is a licensed Marriage and Family Therapist and founder of the Financial Psychology Center in Los Angeles. As a pioneering financial psychologist, he helps clients improve both their financial and mental health by uncovering the emotions, beliefs, and behaviors that shape their relationship with money. Dr. Alex is a sought-after media expert and has been featured in Forbes, CNBC, and the Wall Street Journal.

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WHAT WE’RE TALKING ABOUT

  • Navigating Financial Independence with a Balanced Earning Mindset
  • What to know about ‘money dysmorphia’
  • The Psychological Trick Scammers Rely on and How to Protect Yourself
  • My Parents Have a Lot of Stuff in Their House. I Don’t Want Most of It.
  • Your unconscious beliefs about money have a significant impact on your behaviors.

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Recent Posts

  • Navigating Financial Independence with a Balanced Earning Mindset
  • What to know about ‘money dysmorphia’
  • The Psychological Trick Scammers Rely on and How to Protect Yourself
  • My Parents Have a Lot of Stuff in Their House. I Don’t Want Most of It.
  • Your unconscious beliefs about money have a significant impact on your behaviors.
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