It is not hard to recognize some of the most common symptoms of financial dysfunction. Sometimes the symptoms are easy to identify, and sometimes you need to look deeper. Unlike in medicine, when a financially dysfunctional person learns to treat the symptoms, more often than not, the dysfunction will eventually go away.
Here are seven symptoms I see most often in my planning sessions:
1. Mortgage Aversion
2. Inappropriate Risk Reactions
3. Compulsive Spending or Excessive Debt
4. Poverty Mentality
5. Miser Mentality
6. Acute Financial Paranoia
7. Windfall Woes
