Can money buy happiness? Contrary to what some may think, a million-dollar paycheck does not necessarily come with a problem free pass.
According to therapists who CNBC spoke to, more often than not, the super-rich struggle with a spectrum of emotions that many others tend to share.
According to therapists that CNBC spoke to, more often than not, the super-rich struggle with feelings of isolation, depression, and paranoia, amongst others — a spectrum of emotions that many others tend to share. She noted that they too face the gamut of emotions such as grief, trauma, losses and challenging relationships. But in addition to that, pressure on how the money is spent, and who to trust.
The psychotherapist shared that his clients are often bombarded by a never-ending stream of requests. Conversely, those who suddenly acquire wealth — be it through an inheritance or selling of a business — may find it harder to adjust to their new spending power, status and circumstances, the psychotherapists said. They are also less confident in handling and maintaining their wealth.
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