Money phobia
Money decisions are related to emotions. According to a 2019 UK survey, money is the number one cause of stress.
Tips to help overcome this phobia.
- Cognitive behavioural therapy (CBT) is a practical approach that focuses on making changes by looking at underlying problems.
- To get a better emotional return on your spending, people should spend on what they value most and save on what they value the least.
- Identifying emotional triggers can help to self-manage.
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