Financial embarrassment happens when someone feels self-conscious about their personal finances. For example, you might experience this when people are talking about their finances, but their situation is significantly different than yours. Embarrassment or awkwardness are subjective feelings; not everyone feels embarrassed about the same things. Also, our feelings have to be tempered with knowledge. If our emotions are left to run wild, they can misguide us into thinking something that is not true. In this episode, Gary and Christy talk about what we can do when we’re feeling particularly awkward or self-conscious about our finances. Then, they provide different scenarios that could result in financial embarrassment with suggestions on how to overcome this.

Episode Resources

• Quote we mentioned on the episode: “The best method for paying off credit card debt is the one you stick with.” from https://www.nerdwallet.com/blog/credit-cards/credit-card-debt-psychology-2018/
• https://thecollegeinvestor.com/21208/dont-embarrassed-finances/
• https://www.magnifymoney.com/blog/news/5-embarrassing-money-situations-and-how-to-handle-them1105064508/
• https://www.nerdwallet.com/blog/credit-cards/how-to-rebuild-your-life-after-credit-card-fraud/
• https://www.mayoclinic.org/healthy-lifestyle/stress-management/in-depth/positive-thinking/art-20043950