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Podcast: The Money with Katie Show
Episode: When Earning More Makes Your Financial Anxiety…Worse?
Description: In our "money dysmorphia" episode, a theme emerged that I wanted to revisit: Money anxiety increasing with income, not decreasing. While most of us are probably familiar with the law of diminishing marginal returns and accept that after a certain point, money won’t make us any happier, the idea that money could make us actively unhappier is pretty antithetical to the entire capitalist enterprise.So to get the inside track, we invited Clay Cockrell, a therapist for the ultra high-net worth, to talk through some theories about why someone might experience enhanced anxiety as they ascend th...