I'm in my 30s and I've got a $5 million net worth and I get stressed when I spend $100. How can I change my mindset?
Briefly

If you're in great shape financially and spending money stresses you out, you may need professional help. A therapist can help you address the anxiety related to spending, while a financial advisor can offer peace of mind.
The average American under age 35 has a net worth of about $183,000, while those aged 35 to 44 average about $550,000. Achieving a $5 million net worth at a young age is impressive but highlights the need to differentiate between net worth and spendable cash.
Retiring early is not only possible but may be easier than expected. Consulting with a financial advisor can help you assess your readiness and guide you through strategies to manage your wealth effectively.
Someone in their mid-30s with a $5 million net worth reveals anxiety over spending large amounts, often opting for the cheapest options due to stress about money, despite financial security.
Read at 24/7 Wall St.
[
|
]