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3 steps to cure your money anxiety | Your Brain on Money

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We’re afraid to talk about money–and that costs us.

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Up Next ► Personal finance: How to save, spend, and think rationally about money https://youtu.be/0uYnj1i1EQw

Talking about money, especially how much you earn, is often considered taboo. But talking about money can sometimes be a good thing.

It’s not exactly known why talking about money is taboo, but one hypothesis is that it highlights inequality or causes resentment.

Depending on the culture, the comfort level of talking about money differs. Some companies are looking to open up the compensation conversation more.

0:00 The money taboo
1:59 The neuroscience of taboos
4:30 3 steps for breaking money anxiety

The 3 steps:
1. Be truthful about your budget; don’t overspend to fit in with your group.
2. Investigate your feelings about money through journaling or in conversation with trusted friends or family.
3. Follow or join online groups that talk about aspects of money you are anxious or uncertain about.

Watch on Bigthink.com ► https://bigthink.com/series/your-brain-on-money/cure-money-anxiety/

This video was created in partnership with Million Stories Media.

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