Today’s reader question might take a little bit of thinking, but I’m positive that we all have something within us that scares us to pieces.
For the discussion today, I’d like to hear your thoughts on the following question: ‘What is your worst financial nightmare?’
It can be something that’s already happened (in which case, do tell the juicy story), or simply something you fear happening in the future.
Why do we fear certain things more than others – perhaps our childhood memories, experiences of others, or media hype? How can we overcome the fear so that it doesn’t prevent us from being successful in life?
My Own Fears
I’ll start off by sharing a few of my own financial fears:
- Having to Re-Start Working After Retirement. I doubt I will really stop working after retirement – I like freelance work too much. But I do worry that money will run out, and I will be looking for work at age 75.
- A Major, Unforeseen Catastrophe. I don’t know what it could be (hence – unforeseen), but I do worry that something could wipe us out and leave a trail of dust in its wake.
- Opportunity Cost. To be honest, I worry about this all the time. Am I really earning all I can? Is my money better spent on something else? Should I be spending time on this and that? The fear is that I’m not living to my full potential…
So what are your financial fears? Head down to the comments!
Photo by darkpatator