Have you ever felt so overwhelmed by a money decision that you've Googled "best savings account," opened 17 tabs, read 18 articles, and ended up way more confused than when you started?
Here's the trap we all fall into: when we're stressed about money, we think the answer is more information - one more podcast, one more YouTube video, one more expert opinion that will finally make it all make sense. But that information is actually making the overwhelm worse.
Today, as a former financial adviser with 20 years of experience, I'm showing you what's actually happening in your brain when you try to make decisions whilst feeling overwhelmed, and why the best thing you can do for your finances might be to stop consuming and start clearing. Research shows we're processing the equivalent of 174 newspapers worth of information every single day, and when we're in information overload, our decision-making shifts from our considered mind to our reactive, survival-orientated brain - which is pretty catastrophic when it comes to making sound financial choices.
00:00 Understanding Financial Overwhelm
09:37 Clearing Your Mind for Better Decisions
13:52 The Importance of Emotional Regulation in Finance
Get my FREE book 'It's Not About The Money'
Take the Money StoryTypes® Quiz
Sign up to my FREE Newsletter
Become a Certified Financial Coach
Get my FREE "5 Hidden Money Beliefs" Framework for Coaches.
Take the '5 Hidden Money Beliefs + 3-Zone Self-Check'
Download more resources at themoneypanel.co.uk/breakingmoneycycles
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!