What brings you the greatest joy in life? Your family and friends? Your health, your career, or new experiences?
Whatever it is, we all need things outside of money to truly be happy in life. (1)
Taking a minute to think about those things – like our relationships and experiences – can slow down our recession anxieties when they start to spiral. Learn how in this month’s Visual Insights Newsletter.
With markets caught in a volatile pattern of selloffs and rallies, I thought I'd do a quick round-up of what we know (very little) and don't (a whole lot).
(Don't want to hear about markets right now? I've got you. Scroll down to my P.S. for something fascinating.)
Before I begin, I should say: if you're looking for perfect clarity, you won't find it here. From where I stand, the crystal ball looks murky.
I’ve got some thoughts to share.
Higher-than-expected inflation data slammed investor expectations and rippled through markets, causing a broad selloff down to levels we were at back in June. (1)
I expect to see more volatility in the weeks to come.
Want a deeper dive into what’s going on and what could happen next? Keep reading.
Why are markets selling off?
How much do you rely on logic to make money decisions? How much do you think emotion comes into play?
Believe it or not, we all have an emotional relationship with money. And that relationship is different for every one of us. (1)
Your money personality is the product of your circumstances, experiences, and so much more. It’s behind your beliefs about money, and it feeds into the positive or negative feelings you have about it. (1)
So, how has your money personality shaped your views and financial choices?
Answering that question is the focus of this month’s Visual Insights Newsletter.
Getting to know your money personality can be eye-opening (and maybe even fun). So is stepping into someone else’s shoes to see how they think about money differently. And, no matter what type of money personality you have, it helps to get to know it a little better. If you do, you can gain far more than just a fresh perspective. You may also discover better ways to make your financial future even brighter.
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