Closing Emotional Windows with Money
For Avery, taking action to allay her concerns and prepare a safe world for her child included spending dollars, some of which were not in “the budget” – or even discussed! It turns out that this mindset is the way many people click the X button. In fact, in our focus groups for Thriving in Love and Money, we found that even though women are just as likely to be savers as men, three out of four women are also far more willing to spend money if that’s what it takes to close an open worry-window.
So, does that sound familiar? About you or your spouse? If so, read on. Because it doesn’t take a rocket scientist (or an HVAC installer) to see that this approach to closing worry windows is a little more costly than simply clicking “X.” That is not to say that this approach is wrong – just that it is something you and your spouse need to be on the same page about. So to work as a team, head off impulsivity, and ward off worry without fear, here are four tips that can help.