Financial Therapy: Why Did I Take That Risk?

Death, Sex & Money

• Episode: Financial Therapy: Why Did I Take That Risk?
• Website: Death, Sex & Money
• Feed URL: http://feeds.wnyc.org/deathsexmoney
• Duration: 00:28:37
• Published: 2020-05-27 18:00

Two years ago, Mathew* quit an executive job and struck out on his own to start an independent consulting firm. After months of bringing in "90% less than what [he] used to," business was finally starting to pick up earlier this year—and then the pandemic hit. With clients pulling contracts and invoices being paid late, Mathew is back to square one, wondering if the risks he took were worth it as his family deals with the consequences of his decision—and whether the need for emotional control that served him so well in his business career is still the right strategy for this crisis.

*Name changed

This episode is part of a special Financial Therapy series here on Death, Sex & Money, hosted by Amanda Clayman. If you have a money anxiety weighing you down, send an email or a voice memo to [email protected]. Find the entire series at deathsexmoney.org/financialtherapy.

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