Financial Toxicity: The Connection to Breast Cancer

Financial Toxicity: The Connection to Breast Cancer

Latinas, Black, Asian, Native American: We are All At Risk — We’re Women

By guest blogger Angelica Urquijo

The most significant risk for this deadly disease is being female and getting older. Mothers, Sisters, Amigas, Friends, Daughters, Aunts, Grandmothers, and Comadres — nobody is spared.

It’s devastating to be on the other end of the phone call and hear from a loved one… "I have breast cancer."

Did you know 1 in 8 women in the United States will develop breast cancer?

October is devoted to raising awareness of breast cancer, but let’s not forget the other 11 months of the year, and the days, months, and years that follow, and the emotional and financial distress it will create for the innocent victims.

And these, most likely, the thoughts going on inside a woman’s head: "Now what? Am I going to die? How will I pay for the treatment? What about my job and the bills?" From the time a woman is diagnosed, receives treatment, and the time that follows… Breast cancer impacts the whole family unit and our communities.

Researchers have connected the term “financial toxicity” to breast cancer. And while the energy of the woman diagnosed with breast cancer should be on healing and taking care of herself. Life spirals out of control and money is the root cause.

This is where your close group of amigas-friends, your familia, and your professional support system can assist a woman — talking through scenarios and working on a plan to focus on you and how the money questions get answered.

“Women face unique challenges in our lives. A support network can help us identify solutions and provide us with much needed emotional support. I’ve faced personal challenges in my own family and that has played a role in my decision to support women,” says René Nourse, founder and Managing Director of Urban Wealth Management. Urban Wealth Management is an all-women team of Certified Financial Planners® dedicated to ensuring that women live the life they desire and deserve.

“Back in early February, before the spike in COVID-19 cases, one of my team members and I began working with a wonderful couple who hired us for financial planning services," adds René. "At the time, the couple was focused on planning for retirement, creating a savings plan, and expanding their business. After a few months of working with them to create a financial plan, things took a turn for the worse — the wife was diagnosed with breast cancer in early spring, which turned their world upside down. As a result, we wanted to continue providing our assistance to relieve financial stress and offered pro bono services. Keeping and getting their financial life in gear is a dream that they want and that we are proud and delighted to give."

The women of Urban Wealth Management are proud to join the Los Angeles Business Journal in the fight against Breast Cancer! Please join us in saving lives and remind the women in your life to get a mammogram.

I invite you to visit the Urban Wealth Management website, where the latest blog provides 3 Tips to Manage Breast Cancer and Financial Wellness.


A version of this post was previously published on Angelica Urquijo's blog at The Imagen Group

Photo by Priscilla Du Preez on Unsplash


About the Author
Angelica Urquijo

Angelica Urquijo is a bilingual public relations professional with more than 10 years' experience in broadcast journalism and strong ties to the Latino community. She is passionate about storytelling and making a difference in the community.