» » » 5 Tips to Handle the Stress of a Financial Crisis

Stress is considered, without the shadow of a doubt, the modern man’s disorder. Thus, it’s little wonder that so many medical studies have listed stress as the breeding ground for crippling diseases. Unfortunately, we are now faced with a new paradigm in thinking: no longer are we advised to keep stress away from our lives, but we are taught how to cope with it.

Stress is also a factor that can be associated with our financial situation, especially if we find ourselves on the verge of crisis. Feeling sad, abandoned, or depressed when faced with the possibility of a financial crisis are natural reactions, but letting them loose can irrevocably change the way we look at life and how we interact with the outside world.

Financial Crisis

Apart from taking the necessary steps to pay those debts and to balance the account book, you should also keep in mind that your body and your mind are equally important.

Here are a few tricks which could help you deal with the stress of a financial situation.

Make a journal

The first trick you could try in order to put things into perspective is to create your own journal and record your thoughts. Nearly every author in the history of literature had his own personal journal, where he noted down impressions, ideas for novels and plays, or just blowing off some steam. 

Apart from being a good planning tool, a journal can really help you put things into perspective if you ever feel like the whole situation doesn’t make any sense.

The first rule of keeping a journal is to figure out how much time you’ll spend on writing an entry. Whether it’s a quick 2-minute note or a lengthy recollection of today’s events, is entirely up to you. Bear in mind that this journal won’t be just for fancy.

It must also contain some useful facts that you might call upon later. As entries length is concerned, try to make your entries long. One or perhaps two pages are enough to write down the essential. 

Don’t waste too much time

Wasting too much time thinking about a problem, especially a financial one, might rob you of the determination needed to solve that specific problem. Moreover, if you waste your time thinking about past possibilities or what you should have done in order to prevent something, you’ll feel more lost and confused.

The best way to cope with the stress of your financial situation is to identify the issue and act upon it, because, sometimes, waiting is infinitely more stressful than actually dealing with the situation

Don’t hide anything from your family members

We know that your first instinct is to hide everything from your family members, and to pretend that all things are peachy. Our advice to you is never to hide anything from your loved ones, especially from your significant other.

It’s understandable that you don’t want to transmit any kind of bad vibe to your partner, but sometimes your silence may be more damaging than the sheer truth. Telling your significant other the truth might save you from the additional stress associated with keeping your mask on.

By telling the truth about what happens and what will happen, you will not only strengthen the bond, but you will also receive a second opinion, which will definitely help you to see things in a different light.

Hypnosis

As unlikely an option as it might seem at first, hypnosis actually showed great results in stress-related cases. From a therapeutical standpoint, hypnosis is mostly associated with severe mental disorders like PTSD or amnesia, and it is seldom used in lighter cases.

However, over the last couple of years, researchers have discovered that this method can also be used as a stress-reliever. If you’re thinking of using this method, go directly to a licensed therapist. 

Meditation

One of the best ways to cope with your financial stress is to take up meditation. Use scented candles, relaxing music, everything that can take your mind off the problem. A few hours of meditation per night might help you see things in another light.

About Denny Jones

Hi there! I am Denny, a personal finance blogger and I love to share tips related to managing finance for a better living. Follow my blog for lots of fresh and exciting tactics to control your finances.
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1 comments:

  1. Nice post! Thank you for sharing. I'd like to hear more from you.

    ReplyDelete