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 oneup 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 overinflated 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!

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