People Begin Turning to Financial Therapists as Crisis Continues

Finances are some of the most stressful parts of our lives and the current crisis only exacerbates issues that already exist; “This pandemic is like a black light,” Amanda Clayman, a financial therapist, said to the New York Times. “It’s suddenly revealing all the things that were present before but unseen.”; the industry saw an uptick in the last financial crisis but overall it is still a pretty niche area of medicine; now is an ideal time for people to seek help, there is so much unknown and most Americans cannot afford a few hundred dollars of unexpected expenses even in good times; “We’re experiencing a mass trauma across the United States, if not the world,” Brad Klontz, a financial psychologist in Boulder, Colo., and a pioneer in the field of financial therapy, said to the NYT. “Our illusion that we’re safe has been shattered. It’s like a psychological earthquake.” New York Times

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