Ep 23: How to Recognize Your Own Voice of Greed & Fight Against It
When it comes to your money, you might have several different voices in your head—maybe the voice of greed, or the voice of fear, and sometimes the voice of wisdom. Let’s look at some things we might hear from the voice of greed so you know how to recognize it when you hear it.
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In this episode:
[4:11] Thought 1 -The market is doing great right now. I should invest more heavily.
[6:55] Thought 2 – The guy on CNBC sounds really smart. I should follow his advice quickly before everyone else does.
[9:00] Thought 3 – The couple next door has a lot more money saved. You need to hit some home runs the next few years to catch up.
[11:46] Thought 4 – The emergency fund in the bank isn’t making money. You should invest it.
[13:40] Thought 5 – You are much better off to do everything by yourself instead of giving everything over to an advisor.