Free climbing without a safety line, hundreds of feet off the ground is impressive to see, but how well would you perform with nothing to catch you?
Fear of death makes focusing on your next move very difficult. You are more likely to succeed in putting yourself out there if you have a safety net.
We all know that you can only maximize your performance if you feel secure. The same is true if your goal is building wealth. Taking financial risk is so much more difficult if you do not have a safety net in position to catch you if at first, you fail.