Currently Browsing: Finances

Dual Incomes Can Mean Dueling Partners

Dr. Michelle Golland: Let’s face it: For most families, it is a necessity for both parents to be working — just to make ends meet! I see many couples in my practice who are struggling to cope with limited time and limited resources. For some of these couples, the biggest challenge is dealing with issues of power and influence when it comes to money. Getty ImagesIn most families, money is a limited...

Empathy and Income

In these tough economic times, it’s getting more and more challenging for any of us to feel like “giving” anything right now, whether it be money or our volunteer time. We are stressed out, overworked and fear we are heading into a “double-dip” recession (which sounds like a horrible ice-cream surprise covered in doubt and angst). We’re all tightening our belts. So why do I...

Extreme Spoiling Leads to Extreme Problems

We shake our heads at P-Diddy’s latest purchase for his son. Dr. Michelle Golland: Okay. To any 16-year-old, getting a Maybach ($360,000.00) would seem super-cool — but to most adults who hear this, they are slightly horrified. We know P-Diddy has the money, the recession hasn’t hit him, but it goes deeper than money. It is about his son’s psyche. It is about purpose and meaning — and...

Our Little Genius: Not Such a Bright Idea!

“Our Little Genius” is a new game show coming to the small screen in early 2010 from Mark Burnett. This is a quiz show for super-smart children between the ages of 6-12 — and is focused on a child’s particular area of “genius.” The kids move up the money ladder as they get correct answers. The catch is that the parents are the ones that make the decision to keep going or not. In...

The Cash Crunch Can Make a Couple Crumble

I see many couples struggling with how to deal with money, what money means to each of them, and simply how to communicate about cash. The root issue around money can often be power: who holds the power, and who is getting what they want and need in the marriage and who is not. Money can also bring up issues of trust and fear. Money is emotional, and money has value beyond just the currency, but it also relates...

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