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The Anxious Achiever

Why We Need to Understand Our Emotions Around Money

The Anxious Achiever

Morra Aarons-Mele

Business, Careers, Management, Health & Fitness, Mental Health

4.7599 Ratings

🗓️ 1 June 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Even if you don’t suffer from more generalized anxiety, money is something that causes almost everyone some stress and strain. Buffie Purselle, an entrepreneur and personal finance expert, says understanding our emotions around our finances is the first step to achieving better financial health. She speaks with host Morra Aarons-Mele about some of the most common issues around money she sees, and offers up some tips on how to combat our financially-related trauma. Purselle is the author of the new book Crawl Before You Ball: Breaking the Cycle of Generational Poverty.

Transcript

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0:00.0

LinkedIn Presents.

0:04.9

A lot of the anxiety we have around our finances is from ourselves, you know, I'm a horrible person

0:12.7

because I didn't cook tonight and I went and got takeout.

0:15.9

I'm an awful person because I can't afford to allow my kids to go on holiday this year. No, you're not.

0:22.9

You know, no, you're not. You've got to let go of that constant blaming of yourself.

0:30.7

Because if we stay in a position of regret, if we stay in a position of, I suck,

0:38.9

you'll never be able to propel yourself to do better.

0:47.0

I'm Maura Aronsmili, and this is the Anxious Achiever.

0:50.9

We look at stories from business leaders

0:52.6

who've dealt with anxiety, depression, or other

0:55.5

mental health challenges, how they fell down, how they pick themselves up, and how they hope work

1:01.0

will change in the future.

1:18.6

Money. How to make it, spend it and save it, is something that gives a lot of people anxiety. Money is often the first place we act out our anxiety. Because how emotional is money. Since birth, we've all gotten a lot of messages about it,

1:29.9

which means money is loaded with guilt, shame, pride, symbolism, and shoulds. As we're climbing in our

1:37.4

careers, we're often comparing ourselves with others, their bonuses, their cars, their vacations,

1:45.0

whatever. Buffy Purcell is an entrepreneur and a personal finance expert,

1:50.0

and she says a lot of the ways our relationships with money develop,

1:54.0

for good and bad, are because of our emotions, our past experiences, and even our trauma.

2:00.0

Today, Buffy will help us stop the shame and anxiety about our finances, our past experiences, and even our trauma.

2:04.5

Today, Buffy will help us stop the shame and anxiety about our finances and treat ourselves with kindness

2:06.5

so we can begin again with a plan and a solid strategy.

2:11.9

Buffy joined me to speak about financial anxiety

...

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