When it comes to money, fear can be paralysing. If you want to get ahead, conquering fear is a must.
Alexandria Blaelock, author of Ms Blaelock’s Book of Holistic Personal Finance says “It starts as fear of not having enough this month, and ends as fear of not being enough, and there’s a vast difference between those two points.”
Here are Blaelock’s tips for conquering fear:
- Remember we all need money: You’re no different to the rest of us. We all need to confront our fears before we can move on.
- Think logically about your fear: Can you trace it back to something you saw or heard as a child? Is it still relevant for you today as an adult?
- Reframe your thinking: Consider developing an empowering and positive affirmation about your finances. Or frame it as a Why question and make it an afformation.
- Take stock: Is your financial situation really that bad? Add up all your assets (bank accounts and belongings) and liabilities (debts) to see what’s what.
- Make a plan: Are there accounts you can consolidate to minimise fees? Do you need to pay down debt? Work out some goals (e.g., a trip to the mountains), and start saving towards them
Alexandria’s tips on what for conquering fear will help you understand what’s causing them, and how to manage them.
Click here to find out more about Ms Blaelock’s Book of Holistic Personal Finance, or visit Alexandria’s website.
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Holistic Personal Finance
Advice on managing wealth usually means sacrificing things that make life worthwhile. Ms Blaelock's Book of Holistic Personal Finance shows you how to manage your money according to the life you want. You can enjoy lattes, lunches with friends, and a prosperous tomorrow.
Stop worrying about how to pay for your life – relax and enjoy it. Buy now in:
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