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According to an APA 2022 Stress in America Survey, 87% of respondents listed inflation as a source of significant stress\u2014and the researchers say no other issue has caused this much stress since the survey's launch.\nMoney anxiety or "financial fear" is common, and to an extent, it can be healthy. If fear about inflation and running out of money prevents you from blowing every dollar on fast casual dining, and instead urges you to save and invest for the future, that fear directly benefits Future You.\nBut if fear prevents you from investing in the stock market because it feels too risky, well\u2026now we\u2019re letting misplaced, data-refuted concerns interfere with our ability to build wealth over time.\nUnderstanding your own deeply held beliefs and fears about money can help unlock your next-best step, and it\u2019s not one-size-fits-all. We're joined by Mariel Beasley, Principal at the Center for Advanced Hindsight at Duke University and Co-Founder of the Common Cents Lab (https://advanced-hindsight.com/commoncents-lab/) to discuss financial psychology and what behaviors we can unlearn (or double down on) when it comes to money anxiety.\n\u2014\nMentioned in the Episode\n\n\nDownload the free Money Management Routine resource: https://education.morningbrew.com/budget\n\n\nFarnoosh Torabi's So Money: https://podcasts.apple.com/us/podcast/1348-how-fear-can-drive-financial-excellence-with/id955939085?i=1000558577525\n\n\nThe importance of an abundance mindset: https://moneywithkatie.com/blog/shifting-your-money-mindset-from-scarcity-to-abundance\n\n\n"Risk is what you don't plan for": https://www.youtube.com/watch?v=LM-s_HxLzNY\n\n\n\nChooseFI: https://www.choosefi.com/listen/choose-fi-podcast/\n\n\nWhy Hitting "Half FI" is More Like 75%: https://moneywithkatie.com/blog/why-hitting-half-fi-is-more-like-75\n\n\nFinancial resources mentioned: LISC, Digit, Qapital\n\n\n\u2014\n\ufeffFollow Along\n- Listen to Money with Katie here: https://www.podpage.com/money-with-katie-show/\n- Read Money with Katie: https://moneywithkatie.com/\n\nFollow Money with Katie!\n- Instagram: https://www.instagram.com/moneywithkatie/\n- Twitter: https://twitter.com/moneywithkatie\n- TikTok: https://www.tiktok.com/@moneywithkatie\n\xa0\nSubscribe to Morning Brew\n- Sign up for free today: https://bit.ly/morningbrewyt\n\nFollow The Brew!\n- Instagram: https://www.instagram.com/morningbrew/\n- Twitter: https://twitter.com/MorningBrew\n- TikTok: https://www.tiktok.com/@morningbrew\nLearn more about your ad choices. Visit megaphone.fm/adchoices