Learn about the accessibility of becoming certified in IFS Therapy and its effectiveness in treating mental health disorders and financial issues. The speaker shares their success using IFS therapy and discusses its potential in financial therapy.
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Quick takeaways
IFS therapy can be applied to financial issues such as workaholism, compulsive buying, and financial dependence.
IFS-informed financial therapy combines the principles of IFS therapy with financial therapy to address problematic financial behaviors and improve financial decisions.
Deep dives
IFS Therapy and its Application in Financial Therapy
IFS therapy, or Internal Family Systems therapy, is a form of psychotherapy that focuses on a client's internal parts and self. These sub-personalities within an individual's mental system take on different roles and can consist of wounded parts, painful feelings, and even critical inner voices. The goal of IFS therapy is to help clients access self-energy and bring their minds into balance. While it has been proven effective in treating various mental health disorders, including anxiety and substance abuse, it can also be applied to financial issues such as workaholism, compulsive buying, and financial dependence.
How IFS-Informed Financial Therapy Works
The concept of IFS-informed financial therapy combines the principles of IFS therapy with financial therapy. During IFS-informed financial therapy sessions, clients discuss their financial questions and concerns, and then engage in the IFS process to explore the thoughts, emotions, and conflicts surrounding those financial issues. The therapy sessions typically last around 90 to 120 minutes and have shown positive results in addressing problematic financial behaviors. Clients have reported significant progress, such as improved financial awareness, paying off debts, and making better financial decisions.
Becoming a Certified IFS Practitioner
To become a certified IFS practitioner, therapists need to complete level one and level two IFS trainings, undergo supervision with an IFS trainer, and accumulate over 200 hours of IFS therapy with clients. The process can take around 15 months and costs an estimated $10,000, excluding potential lost income. However, certification in IFS therapy is accessible to every certified financial therapist, regardless of their background in mental health counseling. The efficacy of IFS therapy is supported by both anecdotal evidence and scientific studies, with research demonstrating its effectiveness in treating depression, PTSD, and other mental health conditions.
IFS Informed Financial Therapy is a powerful mechanism for change. Becoming certified in IFS Therapy is accessible to every Certified Financial Therapist, even if they don't have a graduate degree specifically in mental health counseling. IFS certification, which is a lengthy and intense process, gives the Certified Financial Therapist an evidence-based model of therapy that can enhance the financial therapy process.
A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them. Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.
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