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Tribune News Service
Tribune News Service
Lifestyle
Barton Goldsmith

Barton Goldsmith: The emotional costs of inflation

I practice positive psychology with both my clients and myself. I am honest about the struggles we have been going through, but I can also almost always find a silver lining. With inflation on the rise and the market in bear territory, right now the best I can do is give you economic insecurity emotional survival techniques.

Like a lot of people, you may have just started venturing out again, wanting to do more things, have fun and maybe spend a little of your hard-earned income. That’s great, and life would almost seem normal, except that everything has gotten so much more expensive. Inflation has a negative effect on how we look at life.

Should we go to that concert now that tickets and gas have tripled, or should we be more financially conservative and subscribe to a streaming service? Do we go out to dinner or eat at home to save money — because with everything going up, our disposable income is going down?

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