Money is a topic that can elicit strong emotions, even causing stress in relationships and anxiety for individuals. It may seem illogical to get worked up over something as simple as paper, but there are a few reasons why money can cause such a reaction.
We Have a Lot of Fear About Money
Money can be complicated, and many people lack education about personal finance. This can lead to poor decision-making, and the fear of running out of money can be overwhelming. To avoid this fear, it’s important to learn more about personal finance, budgeting, and financial goals.
We Compare Ourselves to Others
Another reason why money can be emotional is that we tend to compare ourselves to others. In American society, not everyone starts out with the same amount of money, which can lead to envy or feelings of superiority. However, it’s important to remember that we don’t always know the full financial situation of others and that comparing ourselves to them is not productive.
Money Touches Every Aspect of Our Lives
Money also touches every aspect of our lives, from housing to healthcare, making it difficult not to be emotional about it. To manage these emotions, it’s helpful to have a clear financial plan and work steadily toward financial goals.
Get Control of Your Financial Situation
Feeling out of control with our finances is often the underlying reason for our emotional reactions to money. Working with a financial professional can provide guidance and support toward setting and achieving financial goals, leading to less fear and more confidence in your relationship with money.
