What Is Financial Anxiety? And What Are Some Tips to Cope with it? With Keisha Blair Author of Holistic Wealth
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In this exciting solo episode of the Holistic Wealth Podcast were discussing a very important topic: What is financial anxiety? And what are some tips and strategies to deal with it? The topic of financial anxiety is covered in a new course I just developed at the Institute on Holistic Wealth – the Certified Trauma of Money Consultant Program. The NEW Holistic Wealth Expanded and Updated: 36 Life Lessons To Help You Recover From Disruption, Find Your Life Purpose and Achieve Financial Freedom (now available for preorder), also has tips and strategies for managing financial anxiety.
Definition of Financial Anxiety
Financial anxiety is anxiety caused by money and/or personal finances, that causes feelings of fear, anxiety, worry, stress, and a range of negative emotions. Financial anxiety doesn't have to be caused by a lack of money. I have heard from many women that I coach that even when they are in a "state of abundance" they're still worried about money. Those who suffer from financial anxiety are in a perpetual state of worry and fear about day-to-day bills, day-to-day spending, investing, and it can be very debilitating for some people.
Unresolved financial trauma from the past can lead to financial anxiety, which can also further lead to making sub-optimal financial decisions over a lifetime, potentially costing individuals hundreds of thousands of dollars, from an investment perspective. Our past experiences around money can be directly responsible for our emotions around money today. In this episode, we also outline how financial anxiety can cause fear, doubt, lack of confidence and block you from achieving your financial goals and your purpose in life. Tune in to listen to this exciting episode of the Holistic Wealth podcast with Keisha Blair.
Resources Used In This Episode:
What You’ll Learn in This Episode:
• Keisha Blair’s definition of the term financial anxiety, examples and ways you can identify financial anxiety in your life.
• Signs of financial anxiety and why it may also be a sign of unresolved money trauma.
• Keisha’s thoughts on the negative impact of financial anxiety and money trauma on our personal finances and our ability to achieve holistic wealth.
• Keisha’s thoughts on the impact of negativity in our lives and how it blocks our dreams and goals (also discussed in the book).