Archive for February 26th, 2010
Fight, Flight, or Freeze
Total Black: $521.48
Total Red: $227,180.54
In Financial Neighborhoods, I mentioned how the authors of Mind Over Money referenced the instinctual responses to perilous situations as fight, flight, or freeze. I had never heard “freeze” included when referencing the fight-or-flight response. It’s absence, now that I’ve noticed it, is a clear oversight on the part of psychologists. The authors of Mind Over Money cite the triple-F response mechanism because that response is often triggered in times of financial difficulties or when we face financial struggles. It seems asinine to imagine a primal response to something so contemporary as managing finances, but it happens. Quite often. To me as well. Keep reading . . .