Let’s face it – financial worry is no joking matter. Not only does this impact your mind and body – it makes our day-to-day activities that much more difficult to complete. When your mind is distracted, there is a downstream impact to our personal lives, our loved ones and our many responsibilities. In order to cut down the worry without losing momentum, follow these tips to ease the financial anxieties in your life.
Create a reasonable, actionable plan
I know what you’re thinking – how does creating a plan make me less stressed about my finances? Consider this, how do you know how well (or not so well) you’re doing if there are no goals to work towards? Create a quick list of goals and how you plan to tackle them. For example, if you have a credit card you’d like to pay off in its’ entirety, that would be the overall goal. The steps to complete that would be subtracting a specific amount per pay period that would be thrown toward the balance. In this way, you know the steps to complete the goal once and for all. Financial plans are meant to empower; not deter.
Document and track your progress
As you work toward your goals, there’s a natural momentum that’s created. This serves as fuel to help guide you in this season and beyond. When you’re equipped with a goal, an actionable plan and steps to achieve it – this in turn reduces your ill feelings regarding your finances. In the instance you run into hiccups, don’t panic. Take a deep breath and keep your goals at the forefront of your mind.
Adopt a mindset of gratitude
We can get wrapped up in the hustle and bustle of life, and it can consume you if you allow it. Before going off into the deep end, take a moment and remind yourself about the beautiful things in your life. Health, shelter and the support of loved ones. When you get the sudden urge to complain, bring yourself to a state of gratefulness. Recite what you’re grateful for aloud or jot them down in your phone daily. This only takes a few moments, and it amplifies what’s going well in your life versus what may not be currently.
Breathe and stay the course
Forgive yourself for any financial mistakes you have made. Life’s challenges arise and lapse of judgement happens. To re-establish some peace in your life and finances, take a deep breath when you experience feelings of overwhelm and continue to press forward.