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Here's your money briefing for Wednesday, May 22nd.

I'm J. R. Waylan for the Wall Street Journal.

There are lots of resources available to help you better manage and think about money. Books, Tik-tocs, even podcasts, but some people are enlisting the help of financial therapists.

They're usually helping an individual who's facing a financial turning point in their lives. Maybe they just lost a job, just started a really high-paid job,

they've gone through personal bankruptcy, divorce, inherited a large amount of money or won that big lottery ticket we all dream

about. We'll talk to Wall Street Journal contributor Joanne Lublin after the break.

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Wall Street.

Oracle.com slash Wall Street. To help manage their money, some people have turned to a financial therapist.

Wall Street Journal contributor Joanne Lublin joins me.

Joanne, why do people need therapists for their finances?

Well, the idea is that if you do go through financial therapy, maybe you'll make fewer financial mistakes, and maybe in the

long run you'll actually make more money.

The idea is that through such therapy that people become more aware of how

their emotions and their unconscious beliefs have affected their prior experiences with money and therefore can better understand how to handle money issues in the future.

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