Karen's Blog

What is Financial Recovery and what makes us different?

In this tiny video from one of my recent book signings, I talk about the Financial Recovery Process- what is it? It’s about our relationship to money. Yes, it’s true that this process gives us the tools needed to get our arms around our money, but it’s also about learning about the areas of deprivation in our lives.     I’ve found that this process goes far beyond just tools- it is also emotional, psychological and indeed spiritual. In fact, the Financial Recovery Process helps us create a sustainable relationship to money that is simply transformational.   The field of “money coaching” is exploding right now, and Financial Recovery Counseling is the most effective form of money coaching around. If you would like a rewarding profession where you can earn what you deserve while you help people heal their own ...Continue Reading

When neither the work nor the money works—James' story

(This is the third story in my recent posts on work and money.) Sometimes as we grow more aware of our relationship with money we come to understand the realistic limitations of what we are currently earning. James’s earnings fell far short of giving him what he needed. He was very unhappy with his work and his financial circumstances. When he started Financial Recovery Counseling, he was just at the beginning of making big changes in his relationship with work and earning. James’ story had nothing to do with overspending or any other form of excess. In fact, he was living in a serious state of deprivation. He was working for a car dealership earning $800 a month, plus commission. Unfortunately, since he could never seem to actually sell a car, there were no commissions. Half of his income went toward the rent at his friend’s apa...Continue Reading

When the Money Works but the Job doesn’t—Dianne’s Story

As I said in my last post, some people don’t necessarily struggle in their financial life because of overspending. They hit their emotional and financial bottom because of their relationship with their work and earning. And it’s not always because they are not making enough money. When Diane began working with me, she was very stressed out.  While it was true that she and her husband had debt and were in a deep money fog, it did seem like she earned “enough” money. They enjoyed a nice lifestyle, but something was not working. She felt she was working simply to work, and she could not envision a happy future where she could relax more. Diane worked as a counselor in the employee assistance department of a large bank. For twelve years she answered calls to the company’s crisis hotline, helping callers manage various personal a...Continue Reading

When the job works and the money doesn’t—Joanna’s story

Is your work working for you? As a trainer of new Financial Recovery Counselors and money coaches, I always teach trainees to help clients also assess their relationship to work. Some people don’t necessarily struggle in their financial life because of overspending. They hit their emotional and financial bottom because of their relationship with their work and earning. Recognizing that you need, want, and deserve more than your work is giving you can mark the beginning of transforming your own relationship with work and earning. One common scenario is that your job works for you, but the money doesn’t. This was what my client Joanna came to realize. (I’ll explore the other two common scenarios-- where the money works and the job doesn’t, or when neither the job nor the money works-- in my following posts.) Joanna had worked for...Continue Reading