In this week’s episode of Worth It, we’re talking all about fears. Fear is a normal (and necessary) human emotion, but it can often stop us from doing what we want in life. That also applies to investing and growing our wealth. Fear surrounding money is so common that it’s a major part of our work as CERTIFIED FINANCIAL PLANNER™ professionals.
That’s why we’re breaking down some of the most common fears when it comes to money… and how you can move forward despite your fear.
As we discuss in depth in the episode, the 3 types of fear are:
We’ve all felt these kinds of fears; it’s just part of being human. In our financial lives, though, this fear can manifest in a number of ways, including never starting your investment journey, losing money in stocks, and reacting without the long-term in mind. In the episode, we give a few more examples and talk about the biggest fear — investing in the stock market. P.S. Make sure to check out the episode to hear more about how to use our free resource, Stock Market 101 .
Many people assume that we are logical most of the time, with occasional moments of emotional or irrational behavior. But the truth is, we are much more emotional creatures than we think we are. We react when we’re happy, sad, scared and — even when we believe we’re acting from a place of logic — science finds that our emotional centers are actually the ones driving the boat.
That’s why we think it’s so important to discuss fear and how to work around it.
In this episode, we help you by sharing 3 of our favorite tips for overcoming fear when it comes to your finances:
If you want to hear about how we’ve personally been affected by fear and how we help clients with their fears, tune into this episode. You’ll also get more in-depth insights on how to “hack” your fears and make them work for you.
This material is for general information only and is not intended to provide specific advice or recommendations for any individual.
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