When Should We Be Aware of Financial Anxiety?

[Suba]

Financial anxiety is a person's excessive worry about their financial future and investments. Financial anxiety does not only occur in people who lack money to pay all their monthly bills but can also occur in someone who has achieved financial stability, especially about their investments when market conditions decline so that they are afraid or worried about losing their money, which arises from subjective perceptions of risk, and they also focus on short-term price movements.

We must be aware of financial anxiety when:
1. Have a lot of idle money but are afraid to invest
2. Selling/buying investment instruments only based on emotions.
3. Afraid to monitor prices or open investment apps, especially when prices drop.

 

[eLdavis]

I believe the moment you start dealing with money, you should start being aware of financial anxiety.

 

[Fire&Rain]

Worrying about money isn’t limited to those with financial challenges. Financial anxiety hits even the stable investors, especially during market drops. It appears as fear of investing idle cash, making emotional trades, or avoiding portfolio checks. Recognizing these patterns is important to keep emotions from undermining long term financial goals.

 

[Springtime]

People face different degrees of financial anxiety as long as money is involved, especially if you are making investments. Market can be volatile and you have to watch the market closely.

 

[Starmix]

Those who ignore the fact that despite having money, fear of some unknowns hampers them to let their money work for them. They may lack skills and knowledge on how to start. Those who have guts and initiative escape from future regrets for they are able to multiply their money through investment and diversify them. No guts, no glory. And no pain no gain.