When individuals experience a sudden increase in wealth, it can have profound psychological effects. One common effect is a shift in self-identity and self-worth. People may struggle with imposter syndrome or feel a sense of guilt or unworthiness associated with their newfound wealth.

Another psychological impact of sudden wealth is the potential strain on personal relationships. Family and friends may treat the individual differently, leading to feelings of isolation or distrust. Additionally, the individual's own perceptions of others may change, as they may become suspicious of others' intentions or feel pressure to financially support those around them.

To stay grounded amidst sudden wealth, individuals can benefit from seeking professional counseling or therapy to navigate the emotional complexities that come with their new financial status. Developing a strong support network of trusted individuals who can provide objective advice and support is also crucial.

Furthermore, practicing gratitude and finding fulfillment in non-material aspects of life can help individuals maintain perspective and a sense of groundedness. Engaging in philanthropy or charitable activities can provide a sense of purpose and connection to others, counteracting the potential negative psychological effects of sudden wealth.