Millions of people experience crippling financial stress, struggling to pay bills and build security. If you’re one of them, former Lehman Brothers trader Jared Dillian offers hope. When you’re financially floundering, the idea of freeing yourself from money-related stress might sound like a fantasy. But by changing your money mindset and the way you approach financial decisions, you can make financial security — and even wealth — a reality. Dillian’s book might not help you make the cover of Fortune, but its insights can help you stress less by getting control of your finances and seizing more possibilities.
To live a stress-free financial life, shift your mindset about money and your approach to financial decisions.
If you, like millions of others, experience stress about money, reconsidering how you think about and approach your finances could make a positive difference. You won’t be able to eliminate financial stress from your life completely — some stress will accompany the growth process as you learn to make better financial decisions. But you can significantly reduce the intensity and impact of financial stress on your life.
You might need to change your mindset about how you obtain money. Money-making opportunities arise all the time, and you control whether you seize these opportunities. To think bigger about money, start by entertaining possibilities such as asking for a raise, working longer hours, taking on a side hustle or a second job, or moving to a better-paying job. You might also be able to increase your income by learning new skills or starting a scalable business — something that doesn’t require substantial resources to grow, such as an internet newsletter.
It’s perfectly fine to choose a life path that doesn’t result in accumulating wealth...
Jared Dillian is a former Coast Guard officer who became a trader at Lehman Brothers. He’s the author of Street Freak, a story of Lehman Brothers’ 2008 bankruptcy, and the novel All the Evil of This World.
Comment on this summary or Start Discussion