DiscoverMoney Confidential with Katie Morley"I earn £1 million a year – but I feel guilty and lonely"
"I earn £1 million a year – but I feel guilty and lonely"

"I earn £1 million a year – but I feel guilty and lonely"

Update: 2024-06-05
Share

Description

Imagine earning millions but feeling too ashamed to tell anyone about it? That's the problem facing Jack*, who following a decade of debt is now making 100k a month. Jack can’t help feeling terribly guilty when he sees friends slogging it out in more noble careers and earning significantly less. Without knowing it, Jack is suffering from "sudden wealth syndrome", terrified of being ostracised by family and friends.


On today's episode - what’s it like suddenly coming into serious money when you’ve previously been on the breadline? Most of us will never know, but could there be a secret millionaire in your friendship circle? And if there was, would you want to know? Should we all be more open about money and salaries? Katie talks to Dr Stephen Goldbart who coined the term "sudden wealth syndrome" in the 90s, as well as Lisa, another self-made millionaire brought up on a council estate, previous dragged down by decades of debt.


✍️ Need your awkward money problem solved? Email Katie or send a voice-note to moneyconfidential@telegraph.co.uk or fill in the form here: https://telegraph.co.uk/moneyconfidential. It can be 100% confidential!

💰 Discover more of our leading Money journalism: telegraph.co.uk/money

📰 Subscribe to the Telegraph here: https://telegraph.co.uk/moneypodcast

💬 Follow Katie Morley on Instagram: @MoneyBackMorley



Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

"I earn £1 million a year – but I feel guilty and lonely"

"I earn £1 million a year – but I feel guilty and lonely"