Does spending money make you feel bad? Read this comic
NPR explores the concept of 'financial guilt,' a psychological barrier that prevents people from managing their money effectively. The article features advice from a financial planner on how to overcome these negative narratives through a visual comic format.
Why it matters
Financial anxiety is a widespread issue that impacts personal well-being and economic decision-making, making psychological approaches to money management increasingly relevant.
Ever regretted spending too much on dinner? Or ashamed about not being able to give a family member more financial support?
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There's a term for this feeling, says certified financial planner Lauryn Williams : financial guilt. And it can hold you back from taking steps to fix your finances — or enjoying the money you do have.
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