Have you ever had a financial shock, like a job loss, a bankruptcy, or identity theft? How about chronic financial stress around money, or continual worry and anxiety around money? All of these are deeply distressing or disturbing experiences, which is the definition of trauma. Trauma, especially financial trauma, may be much different than you think it is and it’s highly likely you’ve experienced it without knowing it.
For an individual, overspending or underspending is a problematic financial