How to Get Over Your Fear of Money

Learn what it is., Know that everyone has their times when they are anxious about their money., Understand that it is vital you confront your fears in regards to money., Create a budget., Talk to someone about it., Make your budget your way of...

9 Steps 1 min read Medium

Step-by-Step Guide

  1. Step 1: Learn what it is.

    Know what the sources are and the expenditures that you make with it.

    Educate yourself about your money.
  2. Step 2: Know that everyone has their times when they are anxious about their money.

    Your issue is that you didn't get over it, but it happens to everyone. , Hiding your head in the sand can cost you more than money when it comes to your money.

    It can eventually effect your credit score (USA), which impacts your career, your ability to purchase big ticket items, etc. , Know exactly where your money is going out and coming in.

    There are many ways to create a budget; with spreadsheets, pen and paper, online tools, etc. , If you find yourself not able to get past it, talk to someone. , You have to constantly come to terms with how you feel about money. , As things change, you should make sure your budget matches it. , Do one, then several months later, make another changes.

    For example, don't buy a car and a house in a couple of months.

    The financial dust has not settled from one before you are trying to do something big. , Once you have begun to confront your fears and begin dealing with it, you will start feeling better.
  3. Step 3: Understand that it is vital you confront your fears in regards to money.

  4. Step 4: Create a budget.

  5. Step 5: Talk to someone about it.

  6. Step 6: Make your budget your way of life.

  7. Step 7: Change your budget as needed.

  8. Step 8: Don't make a lot of major financial changes all at once.

  9. Step 9: Talk with friends and acquaintances about things you are planning to do or about how you feel about the money.

Detailed Guide

Know what the sources are and the expenditures that you make with it.

Educate yourself about your money.

Your issue is that you didn't get over it, but it happens to everyone. , Hiding your head in the sand can cost you more than money when it comes to your money.

It can eventually effect your credit score (USA), which impacts your career, your ability to purchase big ticket items, etc. , Know exactly where your money is going out and coming in.

There are many ways to create a budget; with spreadsheets, pen and paper, online tools, etc. , If you find yourself not able to get past it, talk to someone. , You have to constantly come to terms with how you feel about money. , As things change, you should make sure your budget matches it. , Do one, then several months later, make another changes.

For example, don't buy a car and a house in a couple of months.

The financial dust has not settled from one before you are trying to do something big. , Once you have begun to confront your fears and begin dealing with it, you will start feeling better.

About the Author

P

Peter Fox

Specializes in breaking down complex lifestyle topics into simple steps.

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