Solution-Focused Financial Therapy

Solution-focused therapy (SFT) is a clinically proven psychotherapeutic approach that is known to be an effective tool in helping people deal with a variety of issues. SFT is a pragmatic approach based on a theoretical perspective that utilizes helping techniques that focus on client strengths, skills, and attributes rather than past and current problems. This chapter provides an overview of SFT and then presents an adaption of SFT suited specifically for dealing with financial issues: solution-focused financial therapy (SFFT). Applications for clinical and practitioner settings to help clients reduce financial stress and move towards goal accomplishment are discussed.