Fear is an emotion that is hard-wired in us as humans, and so we naturally want to avoid the things that frighten us. But the biggest problem with this survival instinct is that there are times when we must face these fears in order to move forward and get ahead in life. We have a natural desire to avoid pain but if we don’t address it head-on, it’ll often lead to worse pain and problems down the road. This is often true when it comes to relationships, with our physical health, and it’s definitely true when it comes to our money. It’s a serious issue when we let fear get in the way of taking action. During this episode, with Halloween just around the corner, we cover some of the most common money fears that lurk in the back of our minds, and how to face them down in order to get one step closer to financial freedom.
Additional links
- For help with overwhelming debt, check out free services offered by the NFCC (National Foundation for Credit Counseling) and Money Management International.
- Refinancing your student loans might be the right thing for you and listen back to our episode with Lauryn Williams where we talked about income based repayment plans.
- Not having enough life insurance was a fear we kept hearing from folks- check out our article on choosing life insurance that is cheap and easy to buy.
- Credit Card Tool – Looking for the right credit card for you? Then check out our new credit card tool that’ll help you to easily filter through all the cards based on your preferred airline, whether or not they have an annual fee, or simply by the cash back offer! Just toggle the sliders and you’ll know which card to consider.
During this episode we both enjoyed a Hopfenweisse by Schneider Weisse- a massive thanks to Zach for sharing these with us! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!
Best friends out!
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