Money Anxiety: What It Feels Like to No Longer Worry About Money

NIKENELSON MONEY
“Money is never enough, you will always want more of it, don’t let greed for money stop you from enjoying the simple joys of life”.
Total
0
Shares

“Money is never enough, you will always want more of it, don’t let greed for money stop you from enjoying the simple joys of life”.

Thank you for reading this post, don't forget to subscribe! Anonymous

Money Anxiety: What It Feels Like to No Longer Worry About Money. At the start, it’s bloody glorious to not have to worry about bills. It’s fantastic to do what you want when you want, it’s inspiring to be working on passion driven projects as opposed to forced employment and it’s beyond comforting to know you and your children are going to be absolutely fine from a financial perspective. It feels great.

Money anxiety is a common problem that affects a large number of people.

If you’ve found yourself worrying about money lately, you definitely have company. Money anxiety, also called financial anxiety, has become more common than ever. But financial anxiety is more than just worrying about how much money we have in the bank. Anxiety over our finances can show up in all sorts of ways, and in some cases, it can lead to health problems like high blood pressure. At times, it can even become debilitating to the point where it’s difficult to go through our day as it relates to our money.

Money worries are one of the main sources of stress in the world, and can lead to relationship problems, depression or anxiety.

Some signs that financial stress is affecting your health and relationships include arguing with the people closest to you about money, difficulty sleeping, feeling angry or fearful, mood swings, tiredness, muscle pain, loss of appetite, lower sex drive and withdrawing from others.

While these are normal reactions, they can affect your health if they continue for more than a few weeks. You could be at risk of developing anxiety or depression. Some people use drugs or alcohol to help them cope. Some have thoughts of self-harm or suicide.

People from all walks of life experience problems with money. It’s important not to bottle it all up and try to deal with it alone.

Money anxiety can lead to a number of problems.

Feeling beaten down by money worries can adversely impact your sleep, self-esteem, and energy levels. It can leave you feeling angry, ashamed, or fearful, fuel tension and arguments with those closest to you, exacerbate pain and mood swings, and even increase your risk of depression and anxiety.

Money is something that everybody feels worried about now and then.

 3 Reasons You Worry About Money And How To Stop

1. You don’t trust yourself to make the best decisions.

Most schools don’t teach personal finance, so chances are you never had the opportunity to learn how to manage your money the right way.

That’s why it’s so easy to hit the panic button whenever the topic of money arises. We all know making the best financial decisions is essential, but you’re not sure how. Not feeling confident in your ability to do something that you know is important can be highly stressful.

But money management is a skill, just like playing the piano or snowboarding. First, you must feel confident in yourself; belief in yourself and practice are usually both necessary.

The solution: Become a money expert or start working with one. It’s not your fault if you never had the opportunity to learn about money management. But it’s never too late to take control of your situation and learn a new skill that will benefit you for the rest of your life.

2. There’s a disconnect between your spending habits and your values.

Every dollar you earn should get you closer to the person you want to be.

When this doesn’t happen, we experience cognitive dissonance or that uncomfortable feeling of worry or fear that pops up when our actions contradict our beliefs.

For example, consider a person who believes to be responsible and security are top priorities. Still, they also have credit card debt and are broke because they’re always out socializing with friends. So their action of overspending directly contradicts the values that are most important to them. And this discomfort can quickly spiral into anxiety.

The solution: Highlight your core values and ensure your spending aligns with them. Before buying anything, ask yourself which of your core values aligns with and supports your values. If the answer is none of them, then re-evaluate if it’s a worthwhile purchase.

3. You’re avoiding something that you know is significant long-term.

When we know something is fundamental in the long term, but we’re not putting importance on it in our short-term plan, it’s easy to feel like we’re falling behind.

And that feeling of I’m not where I should be can make us feel like we’re not on track for a bright future, which is stressful. Postponing saving for retirement is an excellent example of this.

But taking control of your financial situation doesn’t get any easier if you wait. Avoidance may be the easier option today, but it can quickly become the bitter taste of regret in the future.

The solution: Get connected with the future you. What kind of lifestyle do you want a decade in the future? How about two or three decades? Visualize an older version of yourself living your best life. Feeling more connected to your future self and clearly defining what you want in the future will motivate you to start preparing today.

Money Anxiety
Money

“The best things in life are free”

Another way to reduce your financial stress is to talk to a professional. It can take time to resolve long-standing financial challenges, but you don’t have to navigate your fears and worries alone. A financial counselor can offer more guidance and redirection of our mindset about money.

Moreover, the relationship between financial stress and chronic disease goes both ways. Managing these conditions can be a financial strain between medications, medical visits, and the increased likelihood of unplanned hospital stays. One study found that chronic disease was associated with increased financial stress, particularly for people without access to public health insurance.

Final Note

Managing money anxiety involves creating a budget, identifying areas where expenses can be cut, building an emergency fund, and seeking professional help if necessary. It is a process that may take time, but taking steps toward a healthier financial future can help alleviate money anxiety.

Total
0
Shares
photo

The 5-Step Guide to Better More Energizing Sleep

We’re the most exhausted, overworked, under-rested bunch in history. It’s terrible for our health, looks, and work performance. Sleep is not an isolated act of unconsciousness but part of a 24-hour cycle programmed by evolution into all the brain and body systems.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Total
0
Share