Few things work as simply as money. Don't spend more than you have. Don't borrow more than you can pay back, and don't invest more than you can afford to lose. Few things also create the complex psychological and emotional abyss that often comes with economic distress. [Related: Mind Over Money: The 5 Keys To Building Good Financial Habits: Part 1] "The reason people have such strong emotions around money is because it signifies value. You are valued by how much you have and what you own,†says psychotherapist and executive coach Mary Pender Green. "It's painful to think about what you don't have and what you can't do,†adds Terrie Williams,†award-winning mental health advocate, and author of Black Pain: It Just Looks Like We're Not Hurting. I had a conversation with Green and Williams about the link between our psychological well-being and our finances. Both expressed concern about the stigma around mental health in the Black community, and how psychological challenges, if left unchecked, can actually play out in the form of destructive financial behavior. BlackEnterprise: Money is one of the leading causes of depression, substance abuse, and domestic abuse. Why do you think people have such a difficult time coping with the strong emotions around money? Williams: It's painful to think about what you don't have and what you can't do. When it comes to money, just like everything else, we'll do anything not to feel the pain and suffering that we go through on a day to day basis. Greene: If you don't have enough money. You are going to experience conflicts. If you have too much money, you are going to experience conflicts. That's because money is so deeply associated with power and control. It can be related to race, culture, and economics. When sociologists and economists weigh in on the tensions coming forth in race relations in the United States right now, and how it has erupted into things like violent protests, many are quick to point out that the frustration level in the Black community is largely the result of economics. Williams: We don't know how to deal with the frustration that is the result of economics poor treatment. Take Black men, for example. If you're a Black man, you're intimidating to everybody. That hurts and there is a need to banish those feelings. You don't see an opportunity to really get your foot in the door and thrive economically. The outlet becomes violence. Economics are at the root, but we don't deal with the feelings that were the cause. Greene: Economics are an issue all of the time. Rioting is the result of many issues bubbling over at the same time: Unemployment, poor housing, being over-policed, poor treatment. What happens when you have a whole community of people feeling structural frustration? Violence. We have to deal with the social issues, but we also have to deal with the frustration and the psychological impact or that fact that a bad mental state leads to poor financial choices. Continue reading on the next page... Can you elaborate on the connection between a "bad mental state†and our financial behavior? Green: I often see how depression can lead to bad financial decisions. As Terrie mentioned, the feeling that you don't have opportunity can have a tremendous state on your mental health and emotions. People will try to feel better by buying things they can't afford. I've seen people go to places and environments they can't afford. When we see these warning signs we should be seeking out therapists instead of material things that hurt our financial well-being. A study by the National Institutes of Health found that Blacks were about half as likely as Whites to seek out mental health support. We don't need research to tell us this, there is a stigma about mental health in the Black Community. Where do you think that comes from? Williams: Part of it is history. Think about the emotions and feelings people had to suppress during slavery. You had to be quiet or your family might get separated. You had to be quiet or you might get hurt or killed. This is simply what we learned. Rarely do we share. Today, a White person might say they have to leave work to go to therapy. A Black person does not have that same level of comfort with being honest. Where do people begin? How do you know when you need help and what should you do? Greene: The first thing people have to realize is that therapy is an emotional education. We simply need to learn more about them, not dwell in them. A therapist will help you do that as well as help you see the ways in which your choices can be keeping you from achieving your goals — particularly if you've been stuck for a long period of time. In addition, most of us will experience depression in some situations: Job loss, divorce, our child may have a problem. This situational depression is temporary. If you have depression over a long period of time and people close to you tell you you're not yourself, then you need to reach out. My first thought is always a therapist — most insurance companies cover therapy. Your doctor can also help you find the support you need.