#84 - Money Insecurity and What To Do About It

How's your bank account balances right now?  Have you looked at your 401k lately?  Are your clients freaking out, scrambling for help with loan options?

Right now many people are understandably experiencing a lot of fear around money.  The economy is going up, down and all around, like a vomit-inducing roller coaster that we never asked to get on.

We are all looking at our 401k's, investment accounts and bank balances and experiencing a range of emotions from low level concern to full-blown panic.  For most of us, life was moving along relatively smoothly before this worldwide pandemic came sweeping in, like a cold fog covering everything in sight.

The issue with times like these is that no matter what your money beliefs were before the pandemic, the volume is being turned up.  If you felt a lot of fear and scarcity around money before, then you will experience those feelings now more than ever.

Even those who felt fine around the subject of money may be triggered with money insecurity with the current economic climate.  Depending on what you read, who you speak to and how you handle the challenges you're being faced with, no one is immune to money insecurity at this moment in time.  

This week I'm going to discuss the cause of money insecurity and what to do about it.