Death, Sex& Money   /     Financial Therapy: Why Did I Take That Risk?

Description

Two years ago, Mathew* quit an executive job and struck out on his own to start an independent consulting firm. After months of bringing in "90% less than what [he] used to," business was finally starting to pick up earlier this year—and then the pandemic hit. With clients pulling contracts and invoices being paid late, Mathew is back to square one, wondering if the risks he took were worth it as his family deals with the consequences of his decision—and whether the need for emotional control that served him so well in his business career is still the right strategy for this crisis. *Name changed This episode is part of a special Financial Therapy series here on Death, Sex & Money, hosted by Amanda Clayman. If you have a money anxiety weighing you down, send an email or a voice memo to financialtherapy@wnyc.org. Find the entire series at deathsexmoney.org/financialtherapy. And stay in touch with us! Sign up for our newsletter and we'll keep you up to date about what's happening behind the scenes at Death, Sex & Money. Plus, we'll send you audio recommendations, letters from our inbox and a note from Anna. Join the Death, Sex & Money community and subscribe today.

Summary

Two years ago, Mathew* quit an executive job and struck out on his own to found an independent consulting firm. After months of bringing in "90% less than what [he] used to," business was finally starting to pick up earlier this year—and then the pandemic hit. With clients pulling contracts and invoices being paid late, Mathew is back to square one, wondering if the risks he took were worth it—and whether the need for control that served him so well in his business career is as helpful in this crisis.

*Name changed

This episode is part of a special Financial Therapy series here on Death, Sex & Money, hosted by Amanda Clayman. If you have a money anxiety weighing you down, send an email or a voice memo to financialtherapy@wnyc.org. Find the entire series at deathsexmoney.org/financialtherapy.

And stay in touch with us! Sign up for our newsletter and we'll keep you up to date about what's happening behind the scenes at Death, Sex & Money. Plus, we'll send you audio recommendations, letters from our inbox and a note from Anna. Join the Death, Sex & Money community and subscribe today.

Subtitle
Two years ago, Mathew* quit an executive job and struck out on his own to start an independent consulting firm. After months of bringing in "90% less than what [he] used to," business was finally starting to pick up earlier this year—and then the pa
Duration
28:37
Publishing date
2020-05-27 12:00
Link
http://www.wnycstudios.org/story/financial-therapy-mathew-death-sex-money/
Contributors
  WNYC Studios
author  
Enclosures
https://www.podtrac.com/pts/redirect.mp3/audio.wnyc.org/deathsexmoney_nopre/deathsexmoney_nopre052720_mathew_pod.mp3
audio/mpeg

Shownotes

Two years ago, Mathew* quit an executive job and struck out on his own to found an independent consulting firm. After months of bringing in "90% less than what [he] used to," business was finally starting to pick up earlier this year—and then the pandemic hit. With clients pulling contracts and invoices being paid late, Mathew is back to square one, wondering if the risks he took were worth it—and whether the need for control that served him so well in his business career is as helpful in this crisis.

*Name changed

This episode is part of a special Financial Therapy series here on Death, Sex & Money, hosted by Amanda Clayman. If you have a money anxiety weighing you down, send an email or a voice memo to financialtherapy@wnyc.org. Find the entire series at deathsexmoney.org/financialtherapy.

And stay in touch with us! Sign up for our newsletter and we'll keep you up to date about what's happening behind the scenes at Death, Sex & Money. Plus, we'll send you audio recommendations, letters from our inbox and a note from Anna. Join the Death, Sex & Money community and subscribe today.