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Financial impostor syndrome is something many people experience.
In Zepedas view, both definitions are saying the same thing.
However, she thinks the definition in the New York Times puts it in succinct terms.
She believes that there can be a few causes of financial impostor syndrome.
Then theres the issue of not having data.
I always tell my clients, The financially anxious heart is soothed by data,' Zepeda said.
I would definitely frame financial impostor syndrome as a subcategory of financial anxiety.
Zepeda also pointed to inherited money lessons as a reason that could be behind financial impostor syndrome.
How To Combat Financial Impostor Syndrome
Zepeda recommended three key ways people can combat financial impostor syndrome.
Each way tackles one of the three causes of financial impostor syndrome Zepeda identified.
She advised discussing your hopes and dreams with your partner or if you are single, a trusted friend.
She encouraged writing down your goals in detail.
Just start with your current month and then plan out the data through December.
Then, determine the ones you want to stick with, modify and toss.
Addressing this can help people live more intentionally.
One thing Zepeda wishes more people understood about the relationship between emotions and finances?
So many of our money ideas are generated from fear.
When you know you will find the good you will get that.
She added that in financial therapy, we call such fear-based behavior financial avoidance.'
Zepeda advocates for a different approach.
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