How to Manage Your Financial Anxiety

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