What are your money insecurities/priors?
Be honest. We all have them.
Be honest. We all have them.
I'll start. I grew up lower-middle class with a few rough patches, and I didn't learn a lot about money.
The feeling of losing it all is real to me, so I fear that it'll happen again. No matter what $ amount my accounts have.
The feeling of losing it all is real to me, so I fear that it'll happen again. No matter what $ amount my accounts have.
I also fear the future, and worry that how we're preparing won't be enough for our (future) kids/careers/plans/unexpected emergencies.
That's probably made me a little too risk-averse.
That's probably made me a little too risk-averse.
How do I fix these? Here’s what I’m doing now.
✔️Saving. Cash in the bank helps me sleep at night, even if I’m not getting monster returns on it.
✔️Tracking. I know where all my money is coming from/going to so I can feel more secure.
✔️Therapy. Because these roots run deep.
✔️Saving. Cash in the bank helps me sleep at night, even if I’m not getting monster returns on it.
✔️Tracking. I know where all my money is coming from/going to so I can feel more secure.
✔️Therapy. Because these roots run deep.
There's no simple answer, and it takes time.
But if your emotions are tied up with your money (as they are for most people), it's worth exploring why.
But if your emotions are tied up with your money (as they are for most people), it's worth exploring why.
Also, remember that all of us have money struggles/priors/insecurities. Even the biggest, baddest talking heads.
It's OK! We're human and money drives everything.
It's OK! We're human and money drives everything.
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