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  • Have you ever avoided checking your bank account balance because you were just too scared to look?

  • Have you ever had trouble sleeping because you were thinking about bills or money?

  • You're not alone.

  • In fact, a 2018 survey showed that 44% of people reported money as their number one source of stress, beating out personal relationships and job related challenges.

  • Financial anxiety is a feeling of worry, fear or unease about your finances.

  • It could be caused by a variety of different reasons, not just a lack of funds.

  • Sometimes it's brought on by other forms of anxiety, like generalized anxiety disorder or math anxiety.

  • It can also be caused by feeling unprepared or maybe just not understanding terms or numbers.

  • The most common reaction to financial anxiety is avoidance.

  • If you can't see your finances, you don't know how bad they actually are right.

  • However, avoiding your finances instead of managing them can cause them to worsen, which in turn causes more anxiety.

  • So how do you overcome it and break the cycle?

  • Make a plan?

  • What is it about your finances that gives you anxiety, lack of income, too much debt, or maybe you're secure now, but you're worried about the future.

  • Identify what you're worried about and lay out a plan.

  • Sometimes just having a plan in place can help to lessen your anxiety exposure.

  • This 1 may seem hard, since a common reaction is avoidance.

  • However, just reading finance articles or learning a few finance terms each day might help to ease your worries.

  • Think positive.

  • The first Steptoe overcoming something is to believe that you actually can overcome it.

  • Negative thoughts and words Onley Continue anxious thoughts and can even make them worse.

  • Acknowledge your anxiety and writing right about what exactly worries you.

  • And when you experience those feelings, the simple act of acknowledging maybe the first step toe overcoming it employ relax, ation techniques, stress and anxiety.

  • Even financial anxiety can have physical symptoms as well as emotional counter.

  • Act these symptoms by trying some stress reducing activities like yoga or meditation.

  • If you're struggling with financial anxiety, you are not alone and you can overcome it.

  • G c f.

Have you ever avoided checking your bank account balance because you were just too scared to look?

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Is Financial Anxiety Holding You Back?

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    林宜悉 posted on 2020/11/12
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