Do you suffer from Financial FOMO?

Are you constantly chasing the next big investment opportunity? Do you never feel content with your current financial situation? Financial FOMO, or the fear of missing out, can trap us in a cycle of dissatisfaction, envy, and greed. In this episode, Bob and Shawn expose the dangers of the “Financial FOMO” mindset. Unfortunately, companies and media use financial FOMO to manipulate consumers into overspending and taking on debt. The antidote we recommend? Finding contentment in Christ, practicing gratitude, and focusing on reasonable returns rather than chasing the latest trends to help try and live a more fulfilling and financially stable life. Christian Financial Perspectives Episode 205 VIDEO CHAPTERS 0:00 - Introduction 04:06 - Fear of missing returns 04:53 - Switching advisory firms 06:36 - Comparing to others 07:24 - Coveting 08:19 - Becoming Greedy 09:14 - Hurts relationships 09:33 - A need for control 10:30 - The grass is greener somewhere else 12:10 - A jumper mentality 12:30 - Robs of contentment and happiness 12:45 - How financial Fomo is used 13:04 - Commission based advisors 13:27 - The media 13:57 - Entertainment 15:10 - Financial channels and websites 15:53 - Credit card companies and lenders 17:15 - Find contentment in Christ 17:37 - Contentment in the things you have 18:00 - Contentment in reasonable returns 19:28 - Conclusion About Christian Financial Perspectives Christian Financial Perspectives covers everything from “Investing in stocks, mutual funds and ETF’s” to “Planning for Retirement” to “Buying Investment Real Estate” to “Creating a Family Legacy” from a Biblical Worldview. The Bible has over 2000 scriptures that speak wisdom into how Christians can successfully structure their finances for a victorious life that honors God. Most people do not realize that Jesus spoke more about stewardship than Heaven and Hell combined. About Christian Financial Advisors® Christian Financial Advisors® is headquartered in Central Texas and serves clients nationwide with offices in New Braunfels and Boerne, Texas. Our focus is guiding you toward your financial goals by integrating values based advice into financial planning, retirement planning and investment management. » Facebook |   / hellocfadvisors   » Twitter | @HelloCFAdvisors (  / hellocfadvisors  ) » Instagram | @hellocfadvisors (  / hellocfadvisors  ) » Podcast Website | https://www.christianfinancialpodcast... » Podcast Version of Videos | https://open.spotify.com/show/74Rg1ho... https://itunes.apple.com/us/podcast/c... https://podcasts.google.com/feed/aHR0... https://music.amazon.com/podcasts/7cb... _* Investment advisory services offered through Christian Investment Advisors Inc dba Christian Financial Advisors, a registered investment advisor registered with the SEC. Registration as an investment advisor does not imply a certain level of skill or training. Comments from today’s show are for informational purposes only and not to be considered investment advice or recommendations to buy or sell any company that may have been mentioned or discussed. The opinions expressed are solely those of the hosts, Bob Barber and Shawn Peters, and their guests. Bob and Shawn do not provide tax advice and encourage you to seek guidance from a tax professional. While Christian Financial Advisors believes the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy, or reliability._