April 6, 2023
Financial anxiety: how to stop being scared of money
Today we are going to take a look at why money can be a source of stress and confusion and why it feels like a much more complicated topic than it actually is.

First off, money is a fairly new concept in the grand scheme of human history. For most of our existence, we’ve traded goods and services directly with one another. This means that our brains weren’t wired to understand the intricacies of money from the get-go. Very simply put: 🧠❌💲

Money can feel very complex when it’s shrouded in jargon and technical terms. Financial institutions and experts love to throw around words like “compound interest”, “equity” and “capital gains” without really explaining what they mean. It can sometimes feel like you need an economics degree just to understand what’s going on in your own bank account.

But perhaps the biggest reason that money can feel like such a heavy topic is that it’s deeply intimate. Our relationship with money is intertwined with our innermost fears and desires. For example, if you grew up in a family where money was tight, you might have a deep-seated fear of not having enough. Or, if you’ve always had access to a lot of money, you might struggle with feelings of guilt.

But really, money is just a tool that we use to navigate the world around us. And like any other tool, it can take time and practice to master. With the right attitude and resources, you can learn to manage your money in a way that feels empowering rather than overwhelming.

So whether you call it bucks, cheese, dollarydoos, wonga or even spondoolies ❗❓❗ it’s time to demystify money and help everyone get on the savings ladder.

At Rand, we believe that everyone should have the opportunity to save, grow and manage their money in a fun and easy way. We’re here to give you back control over your finances and help you get the most out of your money 💸