GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

psychologist listening to the woman

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you could read more about oureditorial guidelinesand our products and servicesreview methodology.

Whether that is true depends on what you believe and how you define evil.

facebook sharing button

Evenwealthypeople can fall into an anxious spiral about it.

GOBankingRates spoke with psychologists to hear about the top three financial fears they see among patients.

How do these experts treat these fears so that people canmove forward in their lives in a healthy way?

twitter sharing button

Fear of Losing Financial Stability

You may be barely getting by on minimum wage.

Or you may have a cushy job and a maxed out 401(k) match.

Or you may be somewhere in between.

linkedin sharing button

It doesnt really matter where you fall on the spectrum of wealth.

Financial fears do not discriminate.

You may be scared youre going to lose it all.

email sharing button

Theyre haunted by thoughts of losing their jobs and end up with nothing.

This fear is especially intense for people who grew up in poverty.

For some, the idea of relying on others financially feels deeply uncomfortable, Estevez said.

When we talk about these fears in therapy, the first step is to validate them, Keshri said.

These feelings arent irrational theyre rooted in real experiences and systemic issues.

Just dont get overwhelmed.

Your therapist will help you make a plan that it’s possible for you to tackle piece by piece.

For optimal results, loop in a financial advisor, too.

The first step to tackling debt anxiety is breaking it down intosmaller, manageable steps, Estevez said.

Creating a realistic repayment plan that doesnt feel overly restrictive can make a big difference.

That shame can be paralyzing, so we focus on untangling those emotions and reframing how they see themselves.

When anxiety hits, it helps to have emotion-regulation tools on hand.

These small tools help them stay present and ride out the wave of anxiety without spiraling.

They may think its something else theyre worried about.

This unknowingness prevents patients from dealing with the root of the problem.

The only way to get to the root is through deep reflection and working things out in therapy.

If it feels overwhelming, reaching out for professional support is always awise and courageous stepforward.

More From GOBankingRates

Share This Article:

The Latest inMoney