How to Manage Your Financial Anxiety

Work Your Wealth Podcast

What Can I Do to Reduce My Financial Anxiety and Concerns About Money?

One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

• How to manage your financial anxiety
• Signs and symptoms of financial anxiety
• Digging too far into the details isn’t always a good thing
• Why playing the “What if” game needs to be limited
• How you might be subconsciously trying to beat the market
• Why ignoring your finances can be just as bad as being too detailed
• Tools to counteract any financial anxiety you might have
• The importance of knowing where things stand
• How a net worth statement can help reduce financial anxiety
• Knowing your numbers is good for your health
• How your goals can help reduce your financial anxiety
• The significance of a financial plan for your peace of mind
• How a financial plan can address many of the common fears around money
• Focusing on worst case scenario is sometimes unrealistic
• The worst-case scenario you’re telling yourself is not actually the worst case
• How working with a financial planner can reduce some of your financial anxiety
• The tools to have a less stressful 2019

LINKS WE MENTIONED ON THE SHOW:

• How to Get Your Finances Organized Blog Post
• Getting Organized for Tax Time Blog Post
• Are You Better or Worse Financially This Year Blog Post
• Work Your Wealth Book
• Garrett Planning Network
• XY Planning Network
• NAPFA