• The Fear of Missing Out (FOMO)

  • Aug 27 2024
  • Length: 6 mins
  • Podcast

The Fear of Missing Out (FOMO)

  • Summary

  • In this episode of “Affluensity,” we discuss the pervasive phenomenon of the Fear of Missing Out, or FOMO, and its significant impact on financial decisions. Join us as we explore how our basic human need for social connection and belonging can lead to anxiety and impulsive investments, often driven by the fear of being left behind.

    We provide practical strategies to manage FOMO, including mindfulness techniques and setting clear investment criteria. Hear from experts like Dr. Amy Sullivan and seasoned trader Tim Bohen, who share insights on reducing the emotional impact of FOMO. Plus, listen to Joe's real-life story of overcoming FOMO-driven investments and achieving financial stability.

    Tune in to learn how to challenge the thoughts that drive FOMO and make more rational financial decisions. Remember, your wealth is not defined by the size of your wallet but by the richness of your mind.

    Stay with us on this journey to financial clarity. If you enjoy our episodes, please subscribe, rate, and review our podcast. Your support helps us reach more listeners and continue to provide valuable content. See you next time on “Affluensity.”

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