From the bad credit score that is ruining your chances of getting ahead to not having enough money to make it to the next payday, money stress can be a killer. In today’s uncertain economic times, it’s comforting for some to know they aren’t alone with their money worries.
There are many things that cause financial stress, such as being married to someone that isn’t good with money, the cost of raising kids, being in debt up to your eyeballs, and not earning enough money to cover it all. Regardless, of the reason you have money worries, the stress isn’t good for your health, and needs to be dealt with. If your money stress is affecting your well-being, read on below for a few ways to deal with it the right way.
Take a Moment to Relax and Unwind
While you do need to deal with your money problems, it’s important to take a little time to relax and unwind. Make yourself a couple of Rye whiskey cocktails (at home instead of going out), settle into your chair in front of the fire and just relax for a bit. Letting your mind run free is a good way to come up with a solution to your money problems and relieve a little of the stress that is overwhelming you as well.
Change Your Thought Processes
Though you may have heard this more than once, it’s true that a negative attitude isn’t going to get you anywhere when it comes to relieving money stress or solving your problems. Never say that there is no way out of your debt or that there is no way to increase your income. Speaking negatively only brings you and the people around you down. Instead say “I will increase my income” or “I will pay off my debt.” Try it for a couple of days, you might be surprised at how much better you feel and how much more motivation you have to make those statements a reality.
Recognize that You Are in Charge
In general, most people become more stressed when they think they aren’t in control of their lives or their finances. You need to recognize that you’re in charge of what happens. Recognize that choices do exist to change your financial situation, whether it’s creating a budget that you can stick to or applying to go back to college to earn more in your field. Recognizing that you’re in control of your money stress and taking action to change your circumstances is the best way to take charge and change your money woes.
Ask for Outside Help
If you’ve gotten to the point where nothing you do seems to be helping, you can’t settle on a budget that works for you or control your spending issues, then it’s time to get outside help. Whether it’s a trusted friend who is great with money or in the form of professional help, you need to reach out. There’s no shame in asking for help to get out of your financial situation and it’ll relieve some of the stress you’re under as well. There are also credit counseling services out there that will be willing to help you get back on track.
These are just a few of the best ways you can relieve money stress. While most of them involve having a positive attitude, it’s that change in attitude that will help you realize your dream of earning more money, getting out of debt, and saving for your future. Remember, being positive is the first step in changing your situation for the better and the situation of your family as well.