Your financial health and well-being influence your mental and physical states of being. Financial stress is like any other stress, but it’s related to money. It’s an overwhelming psychological state of worry, anxiety, and tension. More emotion than reason.
Money problems lead to financial stress. Excessive worry about money and things you can’t control. Perhaps you don’t have enough money or have large amounts of debt that you don’t know how to pay. Perhaps you have enough money but you’re scared to spend it.
Luckily you have choices. There’s a way to manage stress and get your finances together.
1. Talk openly about your money worries 2. Keep your emotions separate from money 3. Create a budget and review your finances regularly
4. Build a financial safety net 5. Put your financial goals into motion 6. Change your focus and remain positive