So Why Am I Scared of Money?
I'm an avoider according to a recent post by Sitting Pretty: Money Personalities.
Definition: Avoiders put off dealing with money management because the task overwhelms them. Since they don't like budgets or keeping records, they frequently forget to pay their bills.
Some blogs have titles such as I Will Teach You To Be Rich or Savvy Saver. I belong in the Financial Train Wreck category.
I get statements from my parent's estates saying that I have so much money in an REIT. What the f*#k is an REIT? (Real Estate Investment Trust but I had to Google it.) So I let the statements stack up without really deciding anything.
I wasn't kidding with my initial post, I am a financial mess. I would just rather not deal and pay the late fees or deal with whatever the consequences might mean. I have kept money I inherited from my parents into a low-earning interest money market account for a year because I have NO idea where to begin. This blog is my way of taking baby steps to getting my financial life in gear.
How do others fight the overwhelming feeling they get when have NO idea where to begin?