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What is financial trauma? And what to do about it.

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Photo by Matthew Modoono/Northeastern University
10/17/22 - BOSTON, MA. - Financial PTSD stock on Monday, Oct. 17, 2022.

With inflation rising faster than expected in September and fears of a recession on the horizon, many Americans are feeling symptoms of financial stress that are typically characteristic of PTSD. “Seeing these kinds of downturns in the economy can be very provocative,” says Kristen Lee, a Northeastern University teaching professor, clinical social worker and expert in behavioral health and resilience. People may experience “difficulty concentrating and a flooding of anxiety,” she says. 

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