Financial anxiety stems from past experiences and internal insecurities which directly shape an individual's current financial behavior.
7 people · 7 episodes
He believes his fear of losing money is rooted in his childhood experience during the financial crisis when his family's economic stability vanished.
“to me like money is something that could just be gone and I was um just some of the roles that I had in my household I was in charge of like making sure the bank accounts were balanced and things like that so to me that's like even looking at my bank account can be traumatic regardless of the amount”
I Will Teach You To Be Rich · Apr 2024 · 1 episode · 217K views on this topicSandra feels like she must be the one responsible for ensuring the family is safe from financial ruin, a fear that has been with her since childhood.
“makes me scared that there's not going to be enough and that it's all in me too to make sure that there will be enough like I have to be the safe one.”
I Will Teach You To Be Rich · Jan 2024 · 1 episode · 170K views on this topicShe believes that the fear of future financial insecurity is the primary driver behind her financial behavior.
“what if for some reason I get laid off and I can't get a new job the fear keeps me going”
I Will Teach You To Be Rich · Jul 2024 · 1 episode · 157K views on this topicIndividuals frequently use avoidance, denial, or emotional strategies to mitigate the stress caused by financial situations.
4 people · 4 episodes
Experiencing panic attacks creates a phobic cycle of avoiding situations that might trigger further episodes.
“you're afraid of panic attacks in a strict phobia way where it's like you build your life around not having them so wherever you found your safe place to be is just like your life around that and extra things can and that's another reason why this job just isn't the job for me is because it's so anx”
The Iced Coffee Hour · Sep 2023 · 1 episode · 839K views on this topicCourtney admits that her tendency to misrepresent financial numbers and downplay expenses is an emotional strategy to avoid stress.
“I think too like I'm sure when I said that number it was probably something that like in my heart I knew it was more than that but I'm like I don't want him to know that it's this much so we're just gonna go ahead and say this maybe about this much I get I guess it's like a form of self-soothing”
I Will Teach You To Be Rich · Jan 2023 · 1 episode · 371K views on this topicBrian expresses that he maintains a cavalier attitude about money specifically to protect his wife from feeling anxious.
“I do want to protect her. I know how she feels about money. I know how she worries about it. I don't want to use the word minimize necessarily, but I kind of try to have this demeanor where, you know what, it is going to be okay.”
I Will Teach You To Be Rich · Feb 2024 · 1 episode · 172K views on this topicExtracted by a model; may misattribute who said what.
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Complete months · first on record Jan 2019