Wednesday, May 23, 2012

Anxiety calling! Do you pick up?

I was giving a presentation with my colleague, Annette Lieberman, yesterday when she said the most amazing thing:

"The way people manage their anxiety usually reflects how they manage their money, and vice versa."

Can this be true? We often think about how money gets managed, but we don't often think of emotions the same way. Feelings are assumed to be automatic, almost as if they happen to us. Saying that we "manage" an emotion implies that we're somehow responsible for it.


Whether or not you believe we're responsible for creating our own emotional state, the truth is that we are always responsible for how we respond to it.

Anxiety is the herald that demands our attention. It's purpose is to get us to wake up and pay attention to something. If it feels uncomfortable that's because it's supposed to! We need to be motivated to take action to remove those circumstances that make us anxious.

So think about it: when you feel anxious, do you mobilize to address the cause of your anxiety? Or do you withdraw, ruminate, fret, and get depressed? Can you see a parallel with your money? When financial problems arise, how do you respond -- with action or avoidance?