Harnessing Fear for Financial Success: Insights from Experts at CNBC's Your Money

Personal finance expert Farnoosh Torabi believes that fear can be a valuable tool in building wealth. Rather than ignoring fear, Torabi suggests using it as an opportunity to improve financial standing. Two steps to harness fear for wealth building include getting informed about what scares you, such as investing in the stock market, and playing out the worst-case scenario, like losing your job during a recession. By educating oneself and making a plan, fear can be transformed into a roadmap for financial success.