Media Room Media Release

IS IT POSSIBLE TO CREATE AND MAINTAIN A HIGH NET WORTH

WHILE LIVING WITH LOW SELF-WORTH?

  • More people are losing their homes today than ever have in our lifetime.
  • Americans carry almost $1 trillion in credit card debt and $2.5 trillion in total debt, and many are struggling to make their monthly payments.
  • More than 5,000 people file for bankruptcy every business day.
  • Financial problems are a leading trigger of depression and divorce.
  • Financial distress can be devastating to our emotional well-being.

“It is possible for individuals to gain financial clarity, new behaviors for handling money and a clear understanding of how to align their spending with their values,” says Sam Beasley, CADC, coauthor with Suzanne Lorenz, LCSW, of Wealth and Well-Being, How Therapists, Counselors, and Helping Professionals Can Assist Clients through the Emotional Barriers to Financial Independence (Any Wind Publishing, June 2009).

“In our changing economy, money may be the biggest problem people face, but their coping styles and emotional reactions to stress probably have not changed. Money is a powerful symbol. Few factors touch as many areas of our lives as does money. It is time for helping professionals to end their silence and address financial well-being.” Financial trauma can trigger emotional trauma, and when people seek help from their counselors and therapists, they often find the financial aspect is not addressed. Wealth and Well-Being guides treatment providers in breaking their silence about money, in addressing their own financial well-being and in encouraging their clients to do the same.

Developing financial well-being is possible. It starts with one person telling the truth about what’s happened in his or her financial life in a safe, supportive environment. Being able to talk about money, to gain insight into our financial histories and our current behaviors with money and to learn a few new skills is all most of us need to be on our way to economic freedom.

Authors Suzanne Lorenz and Sam Beasley know how emotions and addictions affect human behavior. Not only do they have 20 years’ experience with women’s issues, substance abuse, trauma, depression, anxiety and post-traumatic stress disorder, but they also help people address common financial behavioral problems, learn how money works in the United States and understand how emotions impact our relationship with money.

For more information, a copy of Wealth and Well-Being or an interview with the authors, please contact Susan Prescott,
530-370-9463, publicist@wealth-wellbeing.com.


© 2014 Wealth and Well-Being