Wealth Mindset: ”Am I letting my family down because I can’t provide them the lifestyle they want right now?”

Summary notes:

Emotional intelligence plays a crucial role in financial planning because it helps individuals understand their emotions and how they impact their financial decisions. Our feelings about money often unconsciously dictate our spending habits and investment decisions. By developing emotional intelligence, we can become more aware of our emotions and make informed decisions that align with our financial goals. Simply put, how we feel about money is a better indicator of our financial behavior than what we say about money. Therefore, by developing our emotional intelligence, we can improve our financial well-being and achieve greater financial success.

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Phillip Washington, Jr. is a registered investment adviser.  Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and, unless otherwise stated, are not guaranteed.  Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.