It boils down to learning how to manage our emotions.
But I also think that if we educate ourselves on each area of finance that we are afraid of, we will be less likely to be afraid.
And that's because there's a kind of sense of power that knowledge gives us. Ignorance breeds fear. But once we educate ourselves, we can navigate the routes, learn from our failures, and successes, and become more confident.
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It's quite challenging to get a hang of our emotions especially when money is involved, money unsettles people irrespective of one's knowledge because we might spend a lifetime trying to attain mastery and never getting there.
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I agree. We are often very emotional when it comes to money. And we have every right to because we worked hard for it. But then, most times, we are showing these emotions because we are afraid of not being able to afford the lifestyle we are accustomed to if we lose everything.
This is why we should take our finance seriously. We would not be too hurt by uncertainties if we learn how to handle and work with money.
We ought to learn why budgeting, saving, investing, and emergency funds are important. We need to learn to see several steps ahead of everything and make plans. If we have plans in place, we will fewer reasons to fear.
But yes, the right education gets us closer, knowledge mitigates fear to a certain extent.
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I am glad you agree