Finances & Investments

Emotions and finances seem like oil and water. We logically write out a budget and make plans and then our emotions (such as fear, guilt, shame, etc.) can take over and cause us to stray.

It makes many of us want to throw in the towel. We blame and berate ourselves.

Stop the Blame Game

Money may be concrete but it can wreak havoc on our emotions. People feel their money reflects their self-worth. If we manage our money well, we feel we’ll be viewed as responsible and successful. If we have trouble managing our money (regardless of our income), we fear we’ll be viewed as irresponsible, floundering, and maybe even failures.

What really matters is our ability to get up and keep going after we fall. 

Never Say You’re Bad with Numbers

Raise your hand if you’ve ever said you’re bad at math. If you’ve ever let your dad, brother, boyfriend, or husband deal with the finances because you trust that he’ll do it better. If you fear you’ll never understand how to pay off debt or learn to invest because it’s too complicated.

You can handle the math that goes into budgeting. And you can utilise tools to help understand compound interest and investing. And you can find help from an expert (male or female) if you know you need it.

Source: DailyWorth