In this exciting episode of the Holistic Wealth podcast with Keisha Blair, we have an exciting solo episode on how to cope with financial survivor guilt (with Keisha Blair). Around the globe, over 6 million people have lost their lives to COVID-19. Many families are dealing with grief from the loss of a loved one. We’re also in the midst of a high-inflation period, with rising gas prices, rising food prices and rising interest rates. The pandemic has caused us all to look more deeply at our lives to examine the direction we want our post-pandemic lives to take. In this episode, I will walk you through effective strategies to cope with financial survivors’ guilt, including the guilt associated with an inheritance. In the NEW Holistic Wealth Expanded and Updated: 36 Life Lessons To Help You Recover From Disruption, Find Your Life Purpose and Achieve Financial Freedom, there are many strategies throughout to help you master the “Art of Recovery From Disruption”. Tune in to listen to this episode of the Holistic wealth podcast with Keisha Blair.
What is Financial Survivor Guilt?
Financial Survivor’s guilt is when a person has feelings of guilt because they inherited a sum of money related to the loss (often the death of a loved one such as a spouse, parent, or another family member). It is often worse when the loss is sudden, tragic and unexpected. It is a common reaction to traumatic events and a symptom of post-traumatic stress disorder (PTSD). In addition, there are many instances where several people who still have jobs and financial security felt guilty about having been spared while others lost their jobs. In a 2018 study, researchers surveyed people who were receiving treatment from a traumatic stress clinic in the U.K. They found that 90% of participants who had survived an event when others had died reported experiencing feelings of guilt.
As the Founder of the Institute on Holistic Wealth, I’ve heard many widows and other clients refer to their life insurance payout as “blood money”. It’s associated with the death of a loved one so it comes with intense emotions filled with grief, loss and tragedy. The Trauma of Money Certification program at the Institute on Holistic Wealth is also designed with strategies to cope with financial survivor guilt.
How To Cope with Financial Survivor Guilt
These are a quick list of some strategies to help you cope with financial survivor guilt (Listen to the full episode of the podcast):
GUILT FROM AN INHERITANCE
In this special solo episode of the podcast episode, I will walk you through all of these steps outlined above and explore the different considerations as well as strategies for coping with financial survivor guilt. I discussed various strategies from my new book: Holistic Wealth (Expanded and Updated): 36 Life Lessons To Help You Recover From Disruption, Find Your Life Purpose and Achieve Financial Freedom. Tune in to this exciting episode of the Holistic Wealth podcast with Keisha Blair.
Resources Mentioned In This Episode:
Holistic Wealth (Expanded and Updated): 36 Life Lessons To Help You Recover From Disruption, Find Your Life Purpose and Achieve Financial Freedom. Now Available. E-book now available for just .79 Cents on Amazon.com, and .99 cents on Amazon.ca