The Hidden Costs of Addiction

jacobtedblog, Budgeting, Financial Planning, Your Loved One Has An Addiction

Several weeks ago, a rehabilitation center in New Jersey invited me to speak at their weekly family group meeting. They believed that my combination of a successful Wall Street career combined with 15+ years (and counting) of life with a child in recovery could be both educational and inspirational. If I said I wasn’t nervous it would be a bold face lie; to do a presentation like this successfully would require my being open and vulnerable about the rollercoaster of pain and pleasure that comes with the journey. Reflecting back on the time, I came to the realization that as …

Financial Control: One Step at a Time

jacobtedBehavioral Finance, blog, Your Loved One Has An Addiction

I recently began providing personal financial coaching services to a group of women who are currently at a rehab facility in Utah. I was extremely nervous, afraid if I could not gain their attention and trust, that this would be my first and last class. I became frozen with fear, and not knowing exactly what I was afraid of made matters worse. And then it hit me. I was setting unrealistic expectations of myself. And I realized that my real fear is that I did not want the group to be so overwhelmed, that doing nothing would seem like the …