Financial Risk & Security Stress

As an entrepreneur, starting your own business comes with a large amount of financial risk and uncertainty. It is important to prepare for both expected risks and surprises as well as unexpected ones. It is no surprise that businesses may survive a year or two but then fade away after 5 years. This is because most entrepreneurs are only aware of the financial risks that they are facing in the first few months of operation and they eventually run out of cash flow within a few years.

Mental, physical, and financial wellness are three pillars of good health. Financial security is something that every individual and business strives for. According to the Government of Canada, if you are dealing with financial stress, you are:

  • Twice as likely to report poor overall health
  • Four times as likely to suffer from sleep problems, headaches and other illnesses[1]
  • More likely to experience strain in your personal relationships[2]

Financial stress can also lead to more serious health problems, such as:

  • Heart disease
  • High blood pressure
  • Mental health conditions such as depression and anxiety[3]

How Insight can help

We can help guide you through the steps to ensure that your business has financial security. We have expert associates with experience managing small to large businesses including finances as well as other operational components. Please contact us for more information about how Insight can help you manage your finance and security stress!

 

[1] Sohrab Kohli and Rob Levy, “Employee Financial Health: How Companies Can Invest in Workplace Wellness,”

Center for Financial Services Innovation (May 2017), p. 8.

[2] Financial stress and its impacts – Canada.ca. (2019). Retrieved from

https://www.canada.ca/en/financial-consumer-agency/services/financial-wellness- work/stress-impacts.html

[3] Sohrab Kohli and Rob Levy, “Employee Financial Health: How Companies Can Invest in Workplace Wellness,”

Center for Financial Services Innovation (May 2017), p. 8.

Brooke Hendricks

Edmonton South, Online

Adults, Assessments

Loriann Quinlan

Edmonton South, Edmonton West, Online

Adults, Seniors

Terri Mulveney

Edmonton South, Online

Adults, Children (3-5), Children & Youth (6-12), Adolescents (13-17), LGBTQ community

Brandi Enns

Edmonton South, Online

Adults, Families, Couples, LGBTQ community, Sexuality, Assessments

Sabrina Brady

Edmonton Central, Edmonton North, Online

Adults, Adolescents (13-17), Seniors, Couples, LGBTQ community, Sexuality, Assessments

Karla Buchholz

Edmonton South, Online

Adults, Adolescents (13-17), Seniors, Families, Couples, LGBTQ community, Sexuality

Nikesha Deenoo

Edmonton South, Online

Adults, Adolescents (13-17), Seniors, Sexuality

Nicole Donovan

Edmonton South, Online, Sherwood Park

Adults, Children & Youth (6-12), Adolescents (13-17)

Kathryn Maier

Edmonton North, Online

Adults, Children (3-5), Children & Youth (6-12), Adolescents (13-17), Families, Assessments

Cody Cobler

Edmonton North, Online, Sherwood Park

Adults, Children & Youth (6-12), Adolescents (13-17), Families, LGBTQ community

Dawn Doucet Banting

Edmonton South, Online

Adults, Children (3-5), Children & Youth (6-12), Adolescents (13-17), Seniors, Families, Couples, LGBTQ community

Meghan Odsen

Edmonton South, Online

Adults, Adolescents (13-17), Seniors, Families, Couples, LGBTQ community, Sexuality, Assessments

Chantelle Owen

Edmonton Central, Online, Edmonton West

Adults, Adolescents (13-17), Families, Couples, LGBTQ community, Sexuality

Luke Suelzle

Edmonton South, Online, Edmonton Central

Adults, Adolescents (13-17), Families, Couples, Sexuality

Kim Phua

Edmonton North, Online

Adults, Adolescents (13-17), Seniors, Families, Couples, LGBTQ community, Sexuality, Assessments

Brilene Wohlgemuth

Edmonton South, Sherwood Park, Online

Adults, Children & Youth (6-12), Adolescents (13-17), Families, LGBTQ community, Assessments

Dr. Hendriatta Wong

Corporate Services

Shirley Leonard

Corporate Services

Tara-Lee Goerlitz

Corporate Services

Trina Wilson Orieux

Corporate Services

Adults

Leah Cadieux

Perinatal Services

Adults

Tracey Howell

Perinatal Services

Adults

Sonya Duffee

Perinatal Services

Adults, Families

Julia Braga

Perinatal Services

At this time, Insight Psychological does not have therapists who specialize in this specific area, but that doesn’t mean we can’t help you! Please contact us to talk with our Intake Personnel to find a therapist that is a good fit for you and your unique circumstances.