It’s nearly Halloween, so let’s talk about something really scary: Many of us have the habit of leaving our finances to chance. We hide from financial issues that scare us, but all that does is leave us open to frightening surprises.
As with spooky monsters under our beds, finances do less harm when you shine a light on them. So, follow the advice of financial gurus and face these common financial fears directly.
1. Educate yourself about risk
Yes, there is a risk of losing money on stock market investments. But if you avoid risk altogether, you also give up the potential returns of the market, which are pretty hard to replicate anywhere else.
Solution: Educate yourself. It is possible to get started with a small amount of money in order to learn your way…