| CA Wildfire Financial Fallout: Handling "Financial Stress Syndrome™" On A Business and Personal Level | | Print | |
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For Immediate Release
The recent California wildfires took a huge toll: over $1 billion in losses, more than 1500 homes destroyed or damaged, businesses lost or forced to close, not to mention the loss of human life. But the full extent of financial damage is not yet evident. The psychological damage – the “Financial Stress Syndrome ™” – how a home- or business-owner handles this crisis, will compound the damage and take an unseen and unheard of toll.
What is missing from the headline news is how psychological stress can compound the loss on a personal level for years after the disaster occurs. In addition to creating the obvious post-traumatic stress syndrome along with eating, sleeping, and other anxiety problems, the “Financial Stress Syndrome ™” affects how a home- or business-owner handles the financial impact, making the financial loss even more devastating.
“How a person deals with the crisis, what he tells himself,” says New York City psychotherapist Dr. Fern Kazlow “can paralyze the financial recovery that an individual or a business needs to make.” Dr. Kazlow explains that “Financial Stress Syndrome ™” can flood our thoughts and emotions to a point where, in a scramble to gain control, we wind up acting in ways that give away our power and our wallets – results that are exactly the opposite of what we want or intend.
Even if a home- or business-owner is adequately insured, the gamut of emotions from fear and anger to frustration and a sense of hopelessness can undermine our decision-making. “It’s easy to over-focus,” says Dr. Kazlow, “and when you do that, you trap yourself in that moment. The result is you become ‘stuck’ and you’re unable to move forward.”
Dr. Kazlow points out that you needn’t be an immediate victim of the wildfires to feel the effect. Across America, viewers who watched this disaster on television may feel their own vulnerability. And because over 50 regions in America have been declared “disaster areas” this year due to floods, tornadoes, and severe storms, there are plenty of other Americans suffering from “Financial Stress Syndrome.” And you don’t have to be someone who is struggling financially to feel the effect, either.
Dr. Fern Kazlow is the creator of the Rapid Wealth System ™, a program that shows entrepreneurs and intrapreneurs how to break through their financial limitations. She is also a consultant to many Wall Street power players, corporate executives and high level business professionals.
For more information please contact Dr. Fern Kazlow at 914-833-2005 or e-mail her at This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Contact information: Dr. Fern Kazlow Telephone: 914.833.2005 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it www.rapidwealthsystem.com www.drfernkazlow.com
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