Building Financial Resilience: Identifying and Healing From Financial Trauma

Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on X (formerly Twitter) and all are welcome to participate. DM us any questions.

This week’s chat will address the important topic financial trauma. We’ll be joined experts and researchers who will share strategies and resources to build financial resilience and shifting from destructive behaviors around finances. We hope to see you there!

Topic: Building Financial Resilience: Identifying and Healing From Financial Trauma

When: Wednesday, August 9, 2023 at 3 p.m. ET.

Where: Join the live hashtag discussion

The panel will include: Sarah Newcomb, Ph.D.: Behavioral Economist and Founder of Thrive Financial Empowerment Center; the National Endowment for Financial Education; Rahkim Sabree: Finance Coach, Author, “Financially Irresponsible,” and host of the Overcoming Financial Trauma podcast; Tiffany Grant MBA, AFC®, SHRM-CP: Financial Wellness Curator and Founder of Money Talk With Tiff; Lea Landaverde:CEO, Wealth Activist, money coach, lesbian, first gen Latina and founder ofRiqueza Wealth Coaching; Jeanne Kelly: Credit expert, identity theft expert, speaker and founder of JeanneKelly.net; Beverly Harzog: Credit Card Expert and Consumer Finance Analyst for U.S. News and World Report; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian, Jennifer White: Consumer Education and Advocacy Team, and Christina Roman: Consumer Education and Advocacy Manager at Experian.

Gift Card Giveaway

Enter here for a chance to win a $50 Amazon gift card! We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET.Complete rules here.

Questions we will discuss:

1. If you feel comfortable sharing, what are some examples of financial trauma you have experienced?  
2. How does financial trauma impact a person’s ability to build financial resilience? 
3. What steps can someone take to heal from past financial trauma and start building financial resilience? 
4. How can individuals rebuild trust in financial institutions and systems after experiencing financial trauma?  
5. What can financial institutions and organizations do to regain the trust of people who have suffered financial trauma? 
6. What resources or tools are available for people working through the impact of financial trauma? 
7. How can someone avoid repeating negative financial patterns caused by past traumatic experiences? 
8. What role does financial education play in preventing or overcoming the impact of financial trauma? 
9. How can someone rebuild their credit and financial standing after experiencing setbacks from financial trauma?  
10. What steps can individuals take to establish healthy financial habits and behaviors that promote resilience? 

Check out our complete list of upcoming personal finance Twitter chats here.