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Wealth Psychology and Financial Therapy Stir up all Kinds of Emotions

Jamie Traeger-MuneyWealth psychologist, Jamie Traeger-Muney, is finding herself more and more in the role of thought leader in a field that is evocative and controversial.  Her message is consistent and clear - vilifying the rich is harmful to society. Polarizing statements that put everyone into one group and speak uniformly about those who have the same identified characteristics leads to furthering the problems we seek to change. The media plays an important role in either fanning the flames of hostile envy and micro (and macro) aggression against the wealthy, or in educating everyone about how to build bridges and bring disparit groups together by identifying common experiences and how we are all uniquely human.

We continue to make a concerted effort whenever we are approached by a reporter to speak on behalf of the marginalized and isolated clients we serve who often feel they need to have their wealth remain hidden for fear of judgment, attack, and shame. We have yet to see where shaming someone leads to a positive outcome.  It is our sincere hope, as well as our expressed purpose, to shine a light on dysfunctional approaches to wealth-disparity and to bring about a shift in thinking and speaking about those who are considered wealthy. A wise man once said: "If you want to be rich, bless them, instead of criticizing those who are."

 

Of all the articles Jamie has been featured in, this reporter from Comstock took up our challenge to write in a respectful way that honors those who are in need of our services: Mental Wealth

 

Here are some of the other articles Jamie has been quoted in:

Reuters: Wealth Managers Seek Psychology Skills by Mike Lipka, March 6, 2012

Wall Street Journal: The (Wealth) Doctor Is In by Missy Sullivan, December 13, 2013

Financial Times: Shrinks with Cash on the Couch: Financial psychologists help clients understand people's attitudes to money by Emma Jacobs, January 9, 2014

Mother Jones: Therapist to the 1% Weighs in on the Psychological Hardship of Being Rich by Erika Eichelberger, January 30, 2014

The Guardian: Wealth therapy tackles woes of the rich: 'It's really isolating to have lots of money' by Jana Kasperkevic, October 17, 2015

Slate: Wealth Therapists' Musings on the Hardships Facing the Super-Rich are as Absurd as you Imagined by Elliot Hannon, October 18, 2015

The Independent: A new breed of 'wealth therapists' is here to help the super rich by Nick Duerden, October 20, 2015

WSJ Market Watch: Therapy for the 1%: Why it's not easy being rich by Quentin Fottrell, October 25, 2015

Jamie has also been interviewed by Marketplace about the "stealthy wealthy", Huffington Post's Third Metric on their show about "Affluenza", and by the BBC.

 

After reading the articles and the comments posted on them, we certainly understand why many choose to be part of what Marketplace refers to as the "stealthy wealthy", and we are more committed than ever to continue to bring forward their very real and valid concerns.

 

 

 

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