Financial Fears

What scares you? What is holding you back and affecting your financial well-being? If you were not afraid, how different would your life be? I think fear is a major problem when it comes to finances. Do you have any of the following financial fears?

Budgeting

This is one of the most fundamental tasks for good financial management, yet how many people do it. Even keeping a simple list of how much you spend may send people running for cover. People can be afraid just to know how unbalanced their finances really are. They hope to win the lottery, inherit millions, or get a huge promotion down the line that will make all of their money fears disappear. Many have tried budgeting only to f

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5 Responses to Financial Fears

  1. Ann says:

    I am afraid of actually budgeting…I think I may be frugal where my husband is not, and I really don’t want to find out how different we are. However, the only thing I let go of is pocket cash: his money, his pocket, his spending. I am very careful with bills and external debts.

  2. Fred333 says:

    I think the key to conquering any fear is to talk about it and get it out in the open.

  3. dan says:

    I don’t know if it is fear, or just plain laziness on my part.

  4. askprofit says:

    I think that sometimes it is hard to take a look at your finances and face your fears. I know there have been times where I have struggled and didn’t want to deal with it but then once I did things started to turn around.

  5. People tend to have a real fear of learning something new…I don’t know exactly why it is, but it really stops a lot of people with a lot of potential from doing amazing things.

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