From the course: Personal Finance Tips and Tricks
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Lifelong money learning
From the course: Personal Finance Tips and Tricks
Lifelong money learning
- Everyone loves to talk about financial literacy for kids, But what about for adults? Money isn't something that we figure out just once, when we get our first job and apartment, and then we're done. Our complex financial tasks and evolving life circumstances require us to be lifelong learners when it comes to money. As a therapist who specializes in financial issues, I see this come up in some interesting ways. Many of us who claim to be bored or uninterested in money are underneath terribly anxious about it. And when we're anxious, our ability to take in and process new information is compromised, if not taken entirely offline. When we're forced to make a financial decision in that state, we find it difficult to focus. We often choose impulsively, and are overly vulnerable to anyone giving, or selling their advice. To avoid this, I recommend that we focus on financial education in three ways. First, as a lifelong process, second as a subject of personal relevance as opposed to a…
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