OnlineBookClub.org

[Following is an official OnlineBookClub.org review of "Breaking Free from Financial Trauma" by Dr Nicole B. Simpson, CFP®.]

One thing I have come to understand is that the issue of financial trauma is not discussed enough. This book, Breaking Free from Financial Trauma by Dr. Nicole B. Simpson, CFP®, discusses the effect of financial trauma.

The book starts by explaining the underlying causes of financial trauma. This begins with our childhood experiences, how we saw our parents handle their finances, and how their financial decisions affected our lives. She further encourages us to look deeper into our childhoods to understand better how our experiences have influenced our mindset toward finances and stability. Drawing from her personal experiences, she defines financial trauma as the mental and emotional distress caused by poor financial situations. She further explains that people have different reactions to financial trauma, such as overspending.

She further explains how to recognize what financial pits are. She considers financial freedom a significant part of a person's life. Further, she advises that we should be more honest with our emotions, as most financial decisions come from a place of feeling, such as a need for safety, love, or control. She also states that having a financial planner or an accountability partner would go a long way toward financial healing.

There are so many things I appreciated about this book, starting with how the author gently guided me on this topic. When I first picked up the book, I thought it would contain a lot of financial jargon, but it didn't; it was straightforward and written in layman's terms. I also appreciate the author's approach to finances, especially how it emphasizes the root of financial trauma. The fact that financial trauma started as far back as our childhood is a part of the problem that is highly overlooked. People never know that their childhood experiences shape their mindset about finances. I also appreciate that the author did not just list out the problems but also went ahead and guided us on how to get out of this financial situation, such as by demonstrating discipline and having an accountability partner. I also like that the book contains real-life examples, which makes it even more relatable.

This book has no downsides, and I dislike nothing about it. It is very educational, easy to understand, and easy to relate to. The editing was flawless, as I did not spot errors while reading. Based on how educative and valuable the information in this book is, I rate it 5 out of 5 stars. I also recommend it to people looking to take charge of their financial situation and enter an era of financial freedom.

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Breaking Free from Financial Trauma
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The concept of having an accountability partner is one I learned several years ago, and it is really beneficial if people are honest. If it can work for other spheres of life, I guess it can apply to the financial bit as well. Thank you, @Love Ukaegbu, for the review.

Kibet Hillary wrote: ↑27 Jun 2025, 07:59 The concept of having an accountability partner is one I learned several years ago, and it is really beneficial if people are honest. If it can work for other spheres of life, I guess it can apply to the financial bit as well. Thank you, @Love Ukaegbu, for the review.

Thank you for reading my review. This book is truly a rare gem when it comes to breaking away from financial trauma and building good financial habits.

I totally agree that "financial trauma is not discussed enough," and your points about its roots in childhood experiences and emotional drivers are so important. It's great to hear Dr. Simpson offers clear guidance and real-life example. I bet this would be a great read. Thanks for the awesome review.

It sounds like Breaking Free from Financial Trauma really hits home by addressing the often overlooked connection between childhood experiences and our current financial mindset. The fact that it avoids heavy jargon and is written in a relatable, straightforward way makes it accessible to a wide audience. I love how the author doesn’t just pinpoint the problem but also offers tangible solutions, like the importance of discipline and having an accountability partner. The personal examples must really help make the advice feel practical. It definitely seems like a must-read for anyone looking to understand and heal from financial trauma.

I found this review incredibly insightful. The idea that financial trauma can stem from childhood experiences really stood out to me. I appreciate how the reviewer emphasized the author’s gentle and relatable approach to such an important topic. I’m definitely adding this to my reading list!