How to Deal with Your Financial Fears
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Simpla Dollar is an amazing blog on Personal Finance and this post can help all of us deal with our financial fears
I think this is actually a pretty normal thing for most people. We all have areas where we’re less than confident and we all have areas that concern us about the future.
It’s very easy to push these fears aside and just not worry about them, especially if they’re not vital to our day to day life. We’ll tell ourselves, “I’ll think about that later,” and then when it comes up again, tell ourselves the same thing again, until it’s sat around for years, untouched.
This can really be dangerous. Take, for example, my fear of taxes. I’m making myself face this fear this year and that means I’m digging into an uncomfortable subject, saving for the taxes, and paying them when they’re due. If I had taken the “typical” route and worried about it later, I would be suffering dearly when tax time came around.
Here are six alternate tactics to try.
- Make a list of what exactly makes you nervous
- Do some research
- Talk to someone about it
- Write out the pros and cons of your decision
- Spend some time each day thinking about the fear
- Take a baby step
