Money makes the world go round, and for most of us, it’s what motivates us to our core. However, it’s also a very scary thing to think about, especially if you’ve had trouble in the past or you’re someone who’s in between jobs right now. 

In truth, you don’t have to fear money, and you don’t have to fear what it’ll do to you if you run out. After all, money is something very few of us understand, and that’s what makes it such a terrifying prospect. 

With that in mind, let’s go through some of the most misunderstood aspects of money below, to ensure you can better deal with any worrying surrounding it in the future. 

Keep Up an Emergency Fund

An emergency fund is a safety net through and through. It’s how you’ll ensure any emergencies that come to your door are dealt with swiftly, and it’s how you reduce the impact any unforeseen medical bills or home expenses can have on your life. So, make sure you keep up with one as soon as you’re able to. 

The general rule is to save up about 6 months’ worth of income, just in case you lose your job – you’ve been able to pay bills off of this in the past, and you’ll be able to do so in the future with it too. It’ll give you time to look for new opportunities, and it’ll save you peace of mind in the long run. 

Learn What Bankruptcy Really Is

We all know just how bad bankruptcy can be – bailiffs knocking at your door, and taking all of your most prized possessions away with them, scary loan sharks who make your every waking moment and nightmare, and the disappointment of everyone around you. Why weren’t you more careful with money, you think they’d whisper. But in truth, bankruptcy isn’t as bad as the TV makes it out to be. 

Filing for bankruptcy can be a good idea. Yes, your credit score will tank, and you’ll have a poor record for a long time, but chapter 7 bankruptcy isn’t all that bad, as a link like will tell you. You can consolidate and eliminate debts with bankruptcy, as long as you have some good faith to pay back what you can in the months to come. 

Get Involved with the Stock Market

And finally, you’re going to want to learn how investments work. It can be a very confusing thing, but if you know how it works, and why putting even just a little bit of money into it can pad out that retirement fund, you’ll never have to worry about money again. Yes, there’s lots of risk, and it’s a volatile market, but it deserves your attention, even if just for peace of mind in the long run. 

Fear is something we all have to deal with in life, but fear around money shouldn’t crush us. Get to know how money works.