If you've been feeling financially anxious lately, the numbers back you up. A record 55% of Americans say their financial situation is getting worse, and 67% say they're more afraid of running out of money than dying. 

This week, Jean sits down with Carrie Joy Grimes, author of the new book The Joy of Money, for a candid, wide-ranging conversation about financial anxiety, behavioral science, and exactly what wealthy people are doing with their money right now.

In this episode, we cover:


  What wealthy people do differently with their money during volatile markets

  The Life Happens Fund: why a basic emergency fund isn't enough and how to build a real financial cushion

  The three-step self-compassion practice backed by behavioral science that helps you stop shame-spiraling over money mistakes

  The "Good Enough Retirement Vision" exercise that will help you stop feeling paralyzed about the future


And if today's conversation got you thinking about your financial future, don't miss Jean's brand new book, The Forever Paycheck.
Learn more about your ad choices. Visit megaphone.fm/adchoices

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Ep 530: How to Think Like a Millionaire When the Economy Feels Out of Control

JUN 3, 202639 MIN
HerMoney with Jean Chatzky

Ep 530: How to Think Like a Millionaire When the Economy Feels Out of Control

JUN 3, 202639 MIN

Description

If you've been feeling financially anxious lately, the numbers back you up. A record 55% of Americans say their financial situation is getting worse, and 67% say they're more afraid of running out of money than dying.  This week, Jean sits down with Carrie Joy Grimes, author of the new book The Joy of Money, for a candid, wide-ranging conversation about financial anxiety, behavioral science, and exactly what wealthy people are doing with their money right now. In this episode, we cover: What wealthy people do differently with their money during volatile markets The Life Happens Fund: why a basic emergency fund isn't enough and how to build a real financial cushion The three-step self-compassion practice backed by behavioral science that helps you stop shame-spiraling over money mistakes The "Good Enough Retirement Vision" exercise that will help you stop feeling paralyzed about the future And if today's conversation got you thinking about your financial future, don't miss Jean's brand new book, The Forever Paycheck. Learn more about your ad choices. Visit megaphone.fm/adchoices