Last week, I was at a networking meeting attended by a number of consultants who work with high-level managers. One of the consultants, whose clients are mostly successful entrepreneurs, mentioned that fear was prevalent among his clients because of the current economic uncertainty. I was surprised to hear that this group shared the same kind of financial fear experienced by so many workers around the world.

A number of my high net worth friends have also shared with me that they have fears about their financial future. Wealth, it appears, is no barrier to emotional discomfort.

Is fear creeping into your thoughts about your financial position? Or perhaps it has become one of your main emotions.

Fear run amok is likely to lead you to make unsound decisions about your finances and other aspects of your life, such as taking on too much debt or arranging a high-risk mortgage.. It also has a detrimental effect on your health because of the ongoing adrenal responses stimulated by fear. Continue reading →