What do you think is the biggest cause of stress in life? Are you picturing Illness and injury? Relationship turmoil such as a breakup or divorce?
Maybe you're picturing a traumatic event such as a house fire.
These calamities do indeed put a person under considerable strain, but many lucky people don't experience them. However, there is one cause of stress that seems to affect everyone: money.
Money: Life's #1 Cause of Stress
Financial stress is often triggered by unexpected expenses, mounting debt, or job loss. There's rarely a quick, easy, or clear-cut solution.
You can make more money at the workplace or spend less through smart budgeting, but it takes time and concerted effort to unravel such a tangled problem. We’ll talk about some of these tangible ways to control money problems.
But at the end of this article, I’d also like to bring your attention to an unexpected way to manage this stress and balance your mind, body and spirit in the process...
Tips for Managing Financial Stress
Lots of people worry about money, but some handle that strain better than others. It's not that they're stronger, smarter, or luckier. So, what makes them different?
- They have learned how to balance their emotions, a skill that anyone can pick up.
- They have a plan in place to work through their financial troubles.
- They're proactive about their well-being, seeking therapy and treatment to ease the symptoms caused by their stress.
With that in mind, let’s look at some specific ways you can use these differences as proactive tips to managing your financial stress.
1. Set Clear Financial Goals
Trying to do a hundred things at once means that most of those tasks won't get done at all, and only a few will be done right. That sense of having wasted your time and energy feeds into your stress and can bring on a sense of despair.
The antidote? Set clear goals that are broken down into small, achievable steps.
Think about what you want to financially accomplish by the end of the year. What needs to happen every month to make it a reality?
Break that down even more to weekly and even daily goals.
Creating a clear, straightforward plan like this gives you the peace of mind that you're on the right track. You can look back at the day and know that it counted; you achieved a small but important victory. You'll know you're steering your finances in the right direction, and your stress will go down.
2. Start Paying Off Debt
There are too many strategies available to detail in a short article like this one.
A financial planner can share with you a wealth of information on how to consolidate your credit cards, get a better interest rate from your bank, prioritize your bills, and work out a fair payment plan with the businesses you owe money to.
In the meantime, many people have found the Debt Snowball Method helpful.
It's simple: you start by budgeting out a minimal payment toward all of your debts. Any extra money you get pays down your smallest bill. Once that bill is paid off, that minimal payment plus the extra is applied to the next smallest debt.
You continue rolling larger and larger sums of money toward your larger debts until they have all been cleared away. You're now free to rebuild your credit score and financial reserves.
3. Refocus Your Mindset
If you crashed on a deserted island, the most important factor of your survival and escape is to keep a positive frame of mind. The same holds true for other problems.
Don't approach financial woes with a mindset of defeat; there are so many possible solutions and, in time, you'll find the right one for your situation.
You can’t let this financial crisis get the best of you. You've made it this far through your inner strength and resilience.
It’s possible to balance all of your commitments and still savor your life - but only if you manage your stress.
4. Give Energy Healing a Try
Now, don’t go getting the wrong idea here. I’m not proposing that investing in a healing practice will wipe out your debt. It isn't the Fountain of Youth or a magical solution to life's problems.
But that doesn’t mean it’s not powerful.
In fact, regular energy healing sessions offer many benefits to your health and mental wellbeing. And that’s a formula for less stress in your life. In general, it can:
- Reduce aches and pains
- Ease your stress
- Raise your energy levels
- Clear your mind, giving you enhanced focus and creativity
If you do the three tips before this, you’ll definitely need a way to stay focused, stress free and energized. And healing is a great way to accomplish that.
Do You Need to Reduce Stress in Your Life?
Financial stress can feel like a crushing burden, and we want to help you with that weight.
Our compassionate and trained healers offer relief from stress through alternative healing treatments. Contact us now to book a healing session and we'll design a treatment plan that is tailored for your specific needs.