Rags to Riches to Rags :  Sudden Wealth Syndrome
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Rags to Riches to Rags : Sudden Wealth Syndrome
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Unexpected money... for some it's a blessing. For others, it can bring a host of problems. As part of the season-long series Project Money, The Current sits down with the newly rich for a look at the surprising consequences of sudden wealth. For those of us who haven't crashed headlong into money, it's hard to believe there can be a downside to wealth, let alone one that has a formal name. Sudden Wealth Syndrome is a term coined by the Money, Meaning and Choices Institute, a group offering business and psychological guidance to the wealthy. The Current also catches up with Joan DiFuria, co-director of that institute and co-author of the book Affluence Intelligence. This segment was produced by The Current's Suzanne Dufresne and Catherine Kalbfleisch.
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