Financial Therapy for Individuals
Offering Virtual Appointments Only
Helping people feel less stress and anxiety about money.
It’s time to stop beating yourself up for the past decisions you’ve made about money.
Uncovering the beliefs you have about money and connecting them to what you do with your money is what our work will be about. This is the key to changing your relationship with money so that you are in control of it rather than it being in control of you.
Often, when individuals come to me for financial therapy, they have already tried to address financial issues on their own. Despite taking the steps to make a change - and having a desire to change, things either stay the same or only improve for a short time, leaving them discouraged.
My work with clients is all about the “why” and the “how” behind their money-related actions and decisions. I help people connect make values and priority-based financial decisions. Clients learn how to make - and sustain - the changes they want in order to have a more positive relationship with their money as they move forward in their lives.
Below are some things you might be wondering about financial therapy for individuals. It’s important that clients feel comfortable, so I encourage you to reach out with any questions or concerns not addressed below.
What is it like working with you?
My work is very collaborative in nature. I recognize that people can have a complicated relationship with money and talking about it can be challenging for people. While I provide suggestions and recommendations, the final course of action is up to you. This type of work is most successful when clients are willing to be vulnerable and are committed to doing the necessary work outside of our appointments.
I just inherited some money and I feel overwhelmed. Can you help me work through this?
Yes, this is a common issue that I help people with. Inheriting money can be life changing, and, more often than not, be emotionally challenging. On one hand an inheritance can relieve financial pressures. On the other hand, receiving an inheritance means that there was a loss and losses tax us emotionally. Inheriting money has a host of possible dilemmas for people that can be misunderstood by friends and other family members. Common issues that people struggle with include:
Shame and guilt about having inherited money
Compulsive spending
Envy from others
Chronic worry about losing the money
Feeling overwhelmed about money management
Deep feelings of inadequacy
I don’t live in Vermont, can we still work together?
Because I am licensed to provide therapy in the state of Vermont, financial therapy clients must be Vermont residents.
Do you accept insurance?
Yes, I do with the companies that I am contracted with. In order for insurance to cover the service, you will need to have a specific diagnosis and will have to meet criteria for medical necessity. This will be determined after an initial assessment.
Can I work with you even if I don’t have a diagnosis meet medical necessity?
Yes you can, as long as you are in the state where I am licensed. Clients are responsible for payment at the time of service. I encourage clients to see if the service could be covered under their HSA/HRA/FSA. I can provide a super bill upon request. My hourly rate is $150.
If I am paying out of pocket, how much, on average will it cost?
I will provide all self-paying or uninsured clients a Good Faith Estimate. As a client, you have the right to receive a “Good Faith Estimate” explaining how much your medical care will cost. Under the law, health care providers need to give patients who don’t have insurance or who are not using insurance an estimate of the bill for medical items and services.
You have the right to receive a Good Faith Estimate for the total expected cost of any non-emergency items or services, including psychotherapy services.
Make sure your health provider gives you a Good Faith Estimate in writing at least one day before your medical service or item. You can also ask your health care provider, and any other provider you choose, for a Good Faith Estimate before you schedule an item or service.
If you receive a bill that is at least $400 more than your Good Faith Estimate, you can dispute the bill.
Make sure to save a copy of your Good Faith Estimate.
For questions or more information about your right to a Good Faith Estimate, visit www.cms.gov/nosurprises or call (800) 985-3059.
Can you help me manage my money?
No, I cannot. I am not a CPA, CFP, or other investment advisor. The information, content, and recommendations provided by Jennifer Calder, LICSW/Jennifer Calder, LLC should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what’s best for your individual needs.
To the extent permitted by law, Jennifer Calder, LICSW/Jennifer Calder, LLC disclaims any and all liability in the event any information, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable, or result in any investment or other financial losses.