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.
What if you had a clear formula to help you figure out how much to save… while paying down debt and enjoying life? It is possible… when you know your numbers.
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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by Advisor Launchpad to provide information on a topic that may be of interest. Advisor Launchpad is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
Copyright 2019 Advisor Launchpad.
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