Your feelings and finances: are they connected?

One basic principle that can help everyone manage their finances better is understanding that money is emotional. Everyone experiences emotions, both and good, and yet too few of us realise how they affect us financially. The truth is our emotional competence plays an instrumental role in our overall financial success, and our lack of emotional competence hampers many from building the life they want for themselves and their family. As a chartered financial adviser, it’s my passion to help clients develop a healthy relationship with their finances, for their own benefit and for their family.

As pointed out in an article I recently read on Vogue Financial, money and finance are things we deal with every day but it’s rare that we take into account how our emotions affect what we do and how we perceive money.

One of the key reasons a good financial planner is necessary in everyone’s lives is for the same reason you get a second opinion on the tie you chose this morning, or the classic “does my