The Mindset Keeping you Poor (3 Ways to Escape the Money Trap of Bad Debt) | Shadé Zahrai

Financial FOMO can lead you to making risky and uninformed decisions without considering serious consequences and having a smart plan. Let's face it, there are plenty of capitalist forces stimulating fear and hype instead of allowing markets to run naturally. Not to mention people trying to materialistically one-up each other. I've seen too many (smart) people make decisions based on FOMO only to back themselves into a very uncomfortable corner. They took on unnecessarily high debt, invested into over-inflated assets and became financially stuck with highly leveraged loans and weak cash flow positions. They live on the financial edge and it wouldn't take much for them to fall over. In this video I explore the dangers of FOMO and 3 ways you can shift your mindset so that you can live a more fulfilled life and make smarter financial decisions. I'd love to know how you deal with Financial FOMO in the comments. We can all learn from each other! ============= 🚀FREE TRAINING– Career Clarity: https://www.shadezahrai.com/cct-registration To find out more about Shadé, visit the website: https://www.shadezahrai.com FOLLOW ON SOCIAL: • Instagram: https://www.instagram.com/shadezahrai/ • TikTok: https://www.tiktok.com/@shadezahrai • Facebook: https://www.facebook.com/shadezahraispeaker • LinkedIn: https://www.linkedin.com/in/shadezahrai

Shadé Zahraihost

Jul 2, 202210mWatch on YouTube ↗

EPISODE INFO

Released: July 2, 2022
Duration: 10m
Channel: Dr. Shadé Zahrai
Watch on YouTube: ▶ Open ↗

EPISODE DESCRIPTION

Financial FOMO can lead you to making risky and uninformed decisions without considering serious consequences and having a smart plan. Let's face it, there are plenty of capitalist forces stimulating fear and hype instead of allowing markets to run naturally. Not to mention people trying to materialistically one-up each other. I've seen too many (smart) people make decisions based on FOMO only to back themselves into a very uncomfortable corner. They took on unnecessarily high debt, invested into over-inflated assets and became financially stuck with highly leveraged loans and weak cash flow positions. They live on the financial edge and it wouldn't take much for them to fall over. In this video I explore the dangers of FOMO and 3 ways you can shift your mindset so that you can live a more fulfilled life and make smarter financial decisions. I'd love to know how you deal with Financial FOMO in the comments. We can all learn from each other! ============= 🚀FREE TRAINING– Career Clarity: https://www.shadezahrai.com/cct-registration To find out more about Shadé, visit the website: https://www.shadezahrai.com FOLLOW ON SOCIAL:
Instagram: https://www.instagram.com/shadezahrai/
TikTok: https://www.tiktok.com/@shadezahrai
Facebook: https://www.facebook.com/shadezahraispeaker
LinkedIn: https://www.linkedin.com/in/shadezahrai

SPEAKERS

Shadé Zahrai
host
Host of the Dr. Shadé Zahrai channel, presenting psychology- and personal-finance-focused commentary.

EPISODE SUMMARY

In this episode of Dr. Shadé Zahrai, featuring Shadé Zahrai, The Mindset Keeping you Poor (3 Ways to Escape the Money Trap of Bad Debt) | Shadé Zahrai explores break financial FOMO, avoid bad debt, regain freedom before downturn hits The video links rising financial anxiety to a broader “financial FOMO” cycle where people overspend to keep up with peers, often via credit, financing, and buy-now-pay-later products.

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