The level of stress and well-being in our lives has been studied for years. Studies have shown that money is the biggest stressor. And as you might guess, it’s not about stress riches. Another great source of stress in life is work. Many of us get into a disgusting spiral where the more we stress about money, the less we can concentrate on work, which can cause more stress.
Stress from mortgages, debts, overtime, job continuity, when money and work together cause concern, can lead to serious health problems. Here are four ways you can reduce the stress of money.
Know your own financial situation
The first thing you need to be aware of is the fact that you stress about money. Another thing is to understand that by committing yourself to change and exploring your options, you can help ease your situation.
For example, try to discuss your situation with a financial expert, your family, or a friend. Set a budget for yourself where you have a monthly, quarterly, and yearly goal that you are aiming for. Try to cut down on essential expenses like Magazine subscriptions or even your car. This will keep you on the map of your expenses.
There is a solution to every problem
Remind yourself that most problems are not life and death issues, and almost every problem will find a solution sooner or later. A short-term loan can also ease your situation if you have to make a purchase that you would not otherwise be able to afford.
The best way to relieve the stress of money
Meditation and mindfullness exercises have been found to be the best way to relieve stress. Regular moments of meditation help reduce anxiety and relax the mind and body. Doing breathing exercises daily (ie not just in a moment of panic) for five to ten minutes can make a huge difference to your life. You can easily find free guided meditation and breathing exercises online and for example. After all, no matter how stressful you are, you cannot put a price on your health.