Common

Sudden wealth syndrome

Medical condition

Sudden wealth syndrome

Common card · No. 423194

Sudden wealth syndrome (SWS) is a term given to a psychological condition where the overwhelming pressures of unexpected and/or abrupt fortune can develop into emotional and behavioural afflictions. It can also be referred to as an identity crisis. The term sudden wealth syndrome was coined by practising wealth psychologist, Stephen Goldbart, co-founder of the Money, Meaning and Choices Institute (MMC Institute), as he noticed a great increase in symptoms related to gaining a large influx of wealth unexpectedly or abruptly. As a sub-category of abnormal psychology, sudden wealth syndrome is often diagnosed by analysing common symptoms, changes in relationships, and causes. Recognisable signs of developing, or having developed sudden wealth syndrome, include emotional afflictions such as isolation from former relationships, the paranoia of losing one's affluence, guilt, and the uncertainty or shock due to the unexpected nature of their fortune. These often develop from situations, such as...

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