Unless you’re one of the lucky few billionaires in the world, you probably stress about money from time to time. Whether it’s the fact that you don’t have enough of it or you owe too much of it doesn’t really matter. The end result is usually the same: sleepless nights.
According to the APA, the top three stresses that most people face are money, work or the economy. If you’re waking up full of tension and a worried mind, the stress you’re facing may be the problem. If you’re desperate for money, look into quick loans through sites like www.wonga.ca for a fast fix. But if it’s just the stress over day-to-day expenses has got you down, try these tips to get your life under control.
- Know where and what you Owe –
- Watch what you Spend –
- Set Goals for yourself –
- Take Care of Yourself –
- Get Outside –
It may be a bleak landscape in your checking account, but your mind will be much more at ease if you just know where you stand. If you know you’re facing a mountain of debt but you are unsure of exactly how much or where that money is going, take some time to figure it out. Perhaps things aren’t as bad as you expected, or maybe they’re worse and you need to get your spending in check.
This may sound like the most obvious advice ever, but you’d be amazed the amount of people that don’t even bother to look over their monthly statements. Get used to not only checking your balance but checking your transactions as well. This is a good habit to get into not just for spending reasons but also because of fraud. Know where your money is going at all times. If you’re tech-savvy, try getting an app to keep track of your spending habits.
Start small and make a goal to pay off one credit card, or put away $100 this month. Once you’ve accomplished your goal, you’ll realize that the answer to your financial worries is not that far off.
Make yourself a priority in the grand scheme of things. If you’re helping someone out financially, take a long, hard look at your situation and see if you’re still realistically able to do so. If not, explain to them why you’re unable to help them and try to get them in touch with someone who can, like a financial advisor. If the stress is wearing on your body, take time to calm yourself down. Take your break outside and away from the craziness instead of at your desk.
If you’re doing all you can and still feeling the burden weighing heavy on you, look for a stress-relieving outlet like running or exercising. Endorphins naturally boost your mood so you’re helping your body while helping your brain. Use these times to get away from a stressful situation. Consider going to the gym on your lunch break instead of the cafeteria.
The only way to be totally stress free when it comes to money is to make sure it isn’t an issue. Only then will you truly have peace of mind.