Title: The Psychology of Money: What You Need To Know To Have A (Relatively) Fearless Financial Life
Headings: The Psychology of Money: What You Need To Know To Have A (Relatively) Fearless Financial Life
The Psychology of Money: What You Need To Know To Have A (Relatively) Fearless Financial Life
Emotion and money
Mental health and mental illness
Family and childhood influences never end
How to harness money emotions

Content: Psychologically, you can’t entirely escape your family and your past. Emotion and money
The most important emotions in relation to money are fear, guilt, shame and envy. It’s worth spending some effort to become aware of the emotions that are especially tied to money for you because, without awareness, they will tend to override rational thinking and drive your actions. What’s there to be afraid of? The possibilities are as varied as there are individual stories. But common fears include the fear of not having enough, the fear of looking stupid, the fear of provoking envy and the fear of being exposed or humiliated. Guilt and shame are not the same emotion. Guilt has to do with feeling bad about a negative impact you’ve had on others, while shame is a feeling evoked when you let yourself down or don't live up to your own sense of what’s right. You might feel guilty because you have more than your friends, or you haven’t been particularly charitable, or you’ve had money come too easily. Shame is one of the most common and powerful emotions associated with money and personal finance.