Money is emotional — but personal finance advice rarely accounts for that
Keep reading for FREE
Financial literacy - the ability to understand how money works in your life - is considered the secret to taking control of your finances
Most of our decisions around money are emotional; no amount of nitty-gritty knowledge about interest rates will change that.
We know we should spend less than we earn and save for the future, but many people find it really hard to do that
An individual's relationship to money and the emotions it brings up starts when we're young.
Exercise: Think about how money makes you feel.
Document how you feel when you're shopping online, sending digital cash to a friend for drinks, opening bills, or getting your paycheck.
When we experience financial shame, it can make it hard to ask for help, learn about money, or take necessary steps to improve financial well-being.
Four things that help alleviate shame: personal vulnerability, critical awareness, reaching out, and speaking shame.
reading habits, gather your
remember what you readand stay ahead of the crowd!
Save time with daily digests
No ads, all content is free
Save ideas & add your own
Get access to the mobile app
4.7 App Rating
The emotional aspect of money is never discussed in financial planning.
MORE LIKE THIS