How to Stop Emotional Investing and Make Smarter Money Decisions
About this episode
Erika Wasserman discusses how emotions influence financial decisions and offers tools to improve money management.
Think your investment losses are about bad stock picks? Think again. Certified financial therapist Erika Wasserman reveals why 90% of your financial decisions are driven by emotion, not logic, and how your seven-year-old self still controls your money mindset today. Whether you’re panic-selling during market dips, avoiding money conversations with your partner, or wondering why you can't seem to build wealth despite knowing all the “right” strategies, this episode will change how you think about money. Erica shares her MONEY Method for productive financial conversations, and provides actionable tools to help you rewrite the unconscious money scripts that are sabotaging your success. If you’ve ever felt anxious checking your portfolio, guilty about spending, or stuck in the same financial patterns despite your best intentions, this is the conversation you need to hear. For more, read Liz’s column every Thursday at On The Money by SoFi, and follow Liz on Twitter @LizThomasStrat. Additional resources: On The Money: Sign up for SoFi's newsletter for intel, insights, and inspo to help you get your money right. Investing 101…
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