It’s easy to feel anxious about your own financial position, and do you wonder what you’re doing wrong? Are you doomed to always be struggling and living paycheck to paycheck?
With things like inflation, high rents, rising interest rates, too much debt and not enough retirement savings or an emergency fund. Not to add, every time you watch the news or social media you see everyone seems to be doing well with their money.
Those who suffer from financial anxiety are continually worrying about bills and might be afraid to look at their bank account or cope with anything to do with personal finances.
To start tackling this feeling and mindset, I’d suggest you reframe it to money and building wealth is not a contest.
You are in this for you and your family. Your money dreams and goals are unique to you.
Take accountability, you are where you are financially and you are capable of making changes. If you’ve made past money mistakes or are in debt, it’s OK. Don’t beat yourself up. Own it in order to move forward.
Educate yourself and learn the basics of personal finance.
Get on a budget and seek advice from a financial adviser or a financial coach. Things always seem worse than they are when you try to do it alone.
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