From the course: Financial Wellness: Managing Personal Cash Flow

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Making friends with ambivalence and resistance

Making friends with ambivalence and resistance

From the course: Financial Wellness: Managing Personal Cash Flow

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Making friends with ambivalence and resistance

- For many of us, the solution for how to bring money into balance is not always clear. We know from the matrix of competing needs that sometimes making a new financial choice will address one goal, but conflict with another. For example, in my role as director of the Financial Wellness Program for the Actors Fund, I often see this dilemma present itself as the choice between work that's fulfilling and lucrative but not always available versus lower-wage work that's more available, but squeezes the ability to pursue creative projects. Which is better? Reliable but low-wage and low-meaning work or continuing to take the gamble on rewarding work that might also lead to more opportunities? People often wrestle with this question for years, while the consequences of indecision add up. Without a crystal ball, we don't always know the right thing to do. And thus, it's common to feel stuck between something that's not…

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