Let's Stop Letting the Word "Money" Make Us Want to Crawl Under the Covers
July 9, 2019 .1 min read
We asked, you answered. What kind of emotions does money bring up for you? Fear, joy, jealousy? You might be toting more emotional financial baggage than you think. Let’s unpack it together.
We got answers all over the spectrum, from fear to anger to stress, money seems to bring up a lot of negative emotions. Why is that?
We associate money with scarcity. We think to ourselves “there’s not enough" or “I’m not doing enough", whether that be savings, investing, or just knowing that after bills are paid money is tight.
Money and the fear and stress and emotions that it brings up actually hold us back from really achieving financial success. The fear can hold us back from going for the job we really want, or downsizing to a house we can better afford, or anything comes with the stress of change and risk.
We’re not only worried about what could happen, but we are also worried about what other’s think of us. Take the judgment out of your money management. Talk to friends, family, or experts who can actually help you, even if you don’t feel like you have enough money to ask. Without the fear and shame holding us back, what we can achieve is much more than we realize.
If you have any feedback, thoughts, or ideas you want to share please let us know! Hearing from you is why we do what we do!
Ande began her 20+ year career as an adviser and quickly realized that many people weren’t taking into account was how emotions play a huge factor in financial decision making. Leaving behind her practice to focus solely on educating both advisers and consumers alike, she became an expert in behavioral finance. Author, speaker, thought leader, and money educator, Ande is helping women to take control of their money.
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