When you become an adult, you stop being worried about things like ghosts, devils and monsters lurking in the dark. That’s mostly because those imaginary fears get crowded out by real-world fears, and money is at the root of a lot of them. According to a 2023 Bankrate survey, over half of the responders said that money worries have a negative impact on their mental health.
To be fair, people have a lot of legitimate reasons to have financial anxiety. But the fear of money is like a lot of other fears—the more you know about it, the less scary it becomes. These three facts will reveal why you never have to be afraid of money and finances.
Why do people get so stressed about money?
Before we dive into these facts, it’s good to understand the causes of financial anxiety. One of the major reasons is due to negative experiences. If you’ve ever had money issues due to poverty, coped with an unsteady paycheck or had to claw your way out of debt, why would you want to open yourself up to even more traumatic experiences involving money?
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