Fear of Finance: 5 Tips to Make Dealing With Money Less Scary

Scared_GirlYou start typing in the log-in information to check your bank account and an eerie chill sweeps through the room. Is it the ghost of spending past? The spirit of overdraft-fees future? Your pulse quickens, the hairs on the back of your neck stand up, and your brain can’t seem to decide if it’s time for fight or flight.

When it comes to your finances, it’s always better to choose fight.

Fear is a common reaction to dealing with money, primarily because so many people are uncertain about their real money situations, and because they haven’t yet mastered the fundamentals of personal finance. So as we approach the day American culture dedicates to all things scary, I’m going to help some of you conquer the fear of finances.

Read the rest of my post at DailyFinance.

 

Image taken from Wikimedia Commons

Posted in DailyFinance
6 comments on “Fear of Finance: 5 Tips to Make Dealing With Money Less Scary
  1. I know the rest of the post is on Daily Finance, but I like to support you by commenting on your site 😉 I think it’s natural to have the “flight” reaction when your finances aren’t where they need to be. Ignorance truly is bliss! I can’t really blame people who go this route, but it’s definitely better to “fight” and start moving in the right direction.
    DC @ Young Adult Money recently posted…Four Useful Resume TipsMy Profile

  2. Great job on your Daily Finance job!
    Holly@ClubThrifty recently posted…Failure is a Bitch: What My Injury Taught MeMy Profile

  3. I find so many of my contemporaries don’t know the basic terminology of finance. Rather than seeking to understand the meaning of a 401k or an IRA, they chose to tune out and resort to the “flight” response.
    thebrokeandbeautifullife recently posted…GIVEAWAY!!! And the Etiquette of Midweek Weddings.My Profile

  4. Financial education is sorely lacking in young people. Great article on daily finance as those tips are good starting talking points.
    Charles@gettingarichlife recently posted…How To Make $140,000 In Real Estate And Legally Save $46,200 In TaxesMy Profile

  5. Couldn’t agree more with your Daily Finance post. The key to getting out of a problem is first to understand its nature and just how deep you are in it. That I’d chance to say is problem half solved!
    The rest is walking the plan you set out to and keeping within the principles of prudent financial habits…starting with living below you means.
    Simon @ Modest Money recently posted…Crush Your Debt by Earning MoreMy Profile

  6. Reliance says:

    A friend advocates simple living and he said that if you want to spend more, you need to earn more. Some people are scared of numbers which can worsen the situation.

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