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Wealthy people generally do have it easier, in so many important ways.
They have more freedoms, more access.
Would we rather have our Netflix and Starbucks or our bus fare?
Wealthy people dont have to choose.
What are some of themost common problems wealthy people face and how are they treated?
It makes sense that someone boasting wealth could feel this way.
This often means meeting off-site rather than in a glitzy office and reinforcing strict privacy boundaries.
Together we explore what matters beyond money whether its creative expression, mentoring others or meaningful philanthropy.
Guilt about having problems they feel bad about.
Wealthy individuals tend to feel ashamed about being anxious or depressed, Ross said.
Theyll say, I have it all, why feel this way?
But hurting is hurting.
I remind them that emotions dont discriminate by checking their account balances.
I get them to let go of judgment about their own emotions.
Identity Crisis
Are you lower class?
The net worth of an individual may become one with their perceived self-value, he told GOBankingRates.
Clients may ask themselves, Am I being loved for who I am or for how much I have?
They should look at their relationships, their creativity and personal growth.
Paranoia
Always feel like somebodys watching you?
A lot of wealthy people do.
Perhaps they feel like all that money puts a target on their backs for bad actors.
Being very conspicuous as a rich individual creates clear vulnerability, Keshri said.
This can also help individuals navigate those negative, anxious feelings and help the person create an actionable plan.
Decision Paralysis
If youdont have much money, you often dont have much choice.
Your kids need to go to public school.
Wealthy people usually have the luxury of choice, and this can lead to decision paralysis.
results in decision paralysis, Keshri said.
Money removes most natural financial constraints, making choices more challenging.
Fear of Losing It All
Finally, wealthy people often struggle with a pronounced fear of loss.
The higher your financial altitude, the farther you might theoretically fall, Keshri said.
Keshri works with patients who are experiencing fear of loss to redefine security bydiversifying not only financiallybut also emotionally.
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