#166 | How to cope with your financial anxieties

September 12, 2022

Episode Summary:

In this episode, we talk about financial anxiety and how to cope with it. Financial anxiety is normal, and we all experience them in different ways and at different times. Our listeners shared their financial anxieties with us, and we talk through them one by one and share tips and ideas for how to cope. We believe education, preparation, and community can help you mitigate and cope with your financial anxieties.  

Episode Notes:

We start off by sharing some of our own financial anxieties. Finances can be one of the most stressful and anxiety-ridden topics for many people. Anxiety is normal, and we all have it to some extent or another. We can do many proactive things to cope with and mitigate our financial anxieties. 

All the financial anxieties we’re talking through can be solved or mitigated thru a combination of three things:

  1. Education 
  2. Preparation 
  3. Community 

 

We talk through the financial anxieties that our listeners shared on instagram. They fall into a few main categories:

  • Spending Money + Budgeting
  • Having enough / Retirement
  • Relationships + Family
  • Housing
  • Investing, stock market volatility, inflation, recessions
  • Health insurance + medical costs

 

Top 3 takeaways:

  1. Financial anxieties are a real thing! We all have them to some extent or another.
  2. You can do things to cope with and manage these anxieties proactively.  
  3. Appreciate how far you’ve come already (just for listening to a financial podcast, seriously), and then continue forward thoughtfully on your financial journey.  

 

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