Coping with Financial Stress

Coping with Financial Stress

You’re not alone if you’re stressing about money issues. People from all walks of life, are dealing with financial hardship and uncertainty at this tough time. Financial worry is one of the most prevalent stressors in modern life, whether it stems from a loss of customers, growing debt, unanticipated spending, or whether you’ll have a business or a job this time next month. Research indicates that nearly three-quarters of the UK population are experiencing stress on a weekly basis to the level they are unable to cope, and finances and money are at the top of the list.

Financial troubles, like any other form of stress, can have a significant impact on your mental, emotional, and physical health, relationships, and general quality of life. Stress brought on by money problems can have a negative impact on your sleep, self-esteem, and energy levels. It can make you feel angry, ashamed, or afraid, as well as increase your risk of depression and anxiety.

Many people deal with stress, by turning to unhealthy coping techniques like drinking, drugs, or gambling. Financial stress can potentially lead to suicide thoughts or actions in the worst-case scenario. However, no matter how terrible your position appears to be, there is assistance available. You can take control of your stress—and your life—by confronting your money difficulties head on.

Take control of your overall stress.

When you’re having financial difficulties, it’s easy to bottle everything up and try to figure it out on your own. You might feel self-conscious about sharing your income or expenditures, ashamed of any financial mistakes you’ve made, or humiliated about not being able to support your family.

Keeping things bottled up, will just add to your stress. In today’s economy, where many individuals are hurting through no fault of their own, you’ll likely discover that others are lot more sympathetic to your plight. Resolving financial issues usually entails a series of minor measures that pay off over time. In today’s economy, it’s unlikely your financial problems will disappear overnight. But you can start taking efforts right away to reduce stress and find the energy and peace of mind you’ll need to deal with issues in the long run.

Talking to a trusted professional can also help you put things in perspective. Keeping your troubles to yourself simply intensifies them until they become overwhelming. The mere act of telling someone about your difficulties might make them appear a lot less daunting.

Be open and honest about what you’re going through and how you’re feeling. Sharing your concerns can help you make sense of what you’re going through, and may provide answers you hadn’t considered on your own.

If you’d like to discuss how I can help you, contact me today and arrange a discovery session.

Additionally, if you need a speaker for one of your events, send me an email at [email protected]

Here’s to mastering your stress
I’m The Stress Master
Ches Moulton