For subscribers
How to deal with financial trauma
Sign up now: Get ST's newsletters delivered to your inbox
Financial trauma can cause negative thoughts, flashbacks and anxiety – symptoms that mirror post-traumatic stress disorder, or PTSD.
PHOTO: REUTERS
Mr Rahkim Sabree owns a home in the United States, invests and has money in savings. But that isn’t always enough to make him feel secure. Unexpected expenses, regardless of the cost, bring him discomfort.
“I get very anxious when I have to spend money,” said the 33-year-old financial coach and consultant. This sometimes causes him to postpone paying for necessities like new shoes or household repairs.
