Tag: financial stress
Aug 17, 2026
A divorce. A house fire. A serious accident or illness. The death of a family member. Caring for elderly parents. Life events like these are some of the hardest, most emotionally draining challenges we can face. Just to make things worse, they also require us to deal...
Dec 4, 2023
What is a financial therapist, and how do you know when you need one? Basically, a financial therapist fills the gap between financial planners (often numbers specialists who don’t understand psychology), and therapists (often behavioral change specialists who don’t...
Sep 5, 2022
Last week I addressed the gravity of the increased risk of suicide after experiencing a personal financial crisis. This underscores the seriousness with which we all need to approach making financial decisions, especially those involving high-risk speculative...
Aug 29, 2022
“I lost over $450,000, I cannot pay the bank, I’ll become homeless. Suicide is the only way out.” This desperate plea summarizes one of the top posts a few months ago on a Reddit forum for the cryptocurrency Terra Luna. Like other cryptocurrencies, it has recently...
Jul 18, 2022
What is financial wellbeing? A researcher based in Berlin recently asked me that question. I had a bit of a struggle answering, in part because I write and talk a lot about what financial wellbeing is not. One straightforward definition of what financial well-being is...
