Results for: Financial Anxiety

Many people struggle with financial management due to unconscious beliefs about money, known as “money scripts.” These scripts, often rooted in childhood experiences, can hinder financial progress and lead to anxiety. By understanding and addressing these deep-seated beliefs, individuals can overcome financial hurdles and achieve a better financial future. This article explores the concept of money scripts, provides tools for self-reflection, and offers practical steps to move towards financial well-being.

A recent AARP survey reveals that over a quarter of Americans over 50 do not expect to retire, while 70% are concerned about rising prices outpacing their income. The survey also shows that approximately one in four older adults have no retirement savings. Everyday expenses and housing costs are cited as the primary obstacles to saving for retirement. The findings underscore the increasing financial worries faced by aging Americans as they navigate economic uncertainties. This issue is expected to be a significant focus in the upcoming election, with candidates seeking to address the needs and concerns of older voters.