This or That: Mastering your money mindset

Transcript:

Caroline Woods: Market mindset — tune out the noise or stick to the long-term plan.

Rhett Power: Long-term plan.

Caroline Woods: Money mindset — confidence or caution.

Rhett Power: Got to have confidence.

Caroline Woods: Financial decisions — emotion or logic.

Rhett Power: Emotion.

Caroline Woods: Financial stress — useful motivator or harmful distraction.

Rhett Power: Useful.

Caroline Woods: Processing problems — talk it out or think it through.

Rhett Power: I’m a talk it out.

Caroline Woods: Personal growth — “fake it till you make it” or “face it till you make it.”

Rhett Power: Face it till you make it.

Caroline Woods: Risk appetite —high 

risk-taker or risk manager.

Rhett Power: Taker.

Caroline Woods: Biggest mental block — fear of missing out (FOMO) or fear of messing up.

Rhett Power: FOMO. Fear of missing out, probably.

#Mastering #money #mindset