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Mike B

Pandemic Has Increased Money Anxiety. Therapists Hope to Cure That.

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Mike B

By Paul Sullivan (NYT)

Dale Mackey closed her event space in Knoxville, Tenn., a week before the state issued its orders to end large gatherings. She did not think about the economic ramifications of shuttering her business, the Central Collective; she said it was the right thing to do to reduce the spread of the virus.

Work dried up for her husband, Shawn Poynter, a photographer, so to help make ends meet, Ms. Mackey began spending more time on a side business, making sweet and savory pies and selling them online. She and her husband are in their mid-30s and have some savings and no debt beyond mortgages on their home and the event space, so they were content hunkering down.

But as the weeks wore on, thoughts of financial anxiety began to emerge.

“It’s much more of a struggle for me about when we can reopen,” Ms. Mackey said, adding that the uncertainty began to weigh on her. “It’s different if I knew we were going to be opening in three months.”....

https://www.nytimes.com/2020/05/22/your-money/coronavirus-money-fears-financial-therapy.html?referringSource=articleShare

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