have you ever avoided checking your bank
account balance because you were just
too scared to look have you ever had
trouble sleeping because you were
thinking about bills or money you're not
alone in fact a 2018 survey showed that
44% of people reported money as their
number-one source of stress beating out
personal relationships and job related
challenges financial anxiety is a
feeling of worry fear or unease about
your finances it can be caused by a
variety of different reasons not just a
lack of funds
sometimes it's brought on by other forms
of anxiety like generalized anxiety
disorder or math anxiety it can also be
caused by feeling unprepared or maybe
just not understanding terms or numbers
the most common reaction to financial
anxiety is avoidance if you can't see
your finances you don't know how bad
they actually are right however avoiding
your finances instead of managing them
can cause them to worsen which in turn
causes more anxiety so how do you
overcome it and break the cycle make a
plan
what is it about your finances that
gives you anxiety lack of income too
much debt or maybe your secure now but
you're worried about the future identify
what you're worried about and lay out a
plan sometimes just having a plan in
place can help to lessen your anxiety
exposure this one may seem hard since a
common reaction is avoidance however
just reading finance articles or
learning a few finance terms each day
might help to ease your worries think
positive
the first step to overcoming something
is to believe that you actually can
overcome it negative thoughts and words
only continue anxious thoughts and can
even make them worse acknowledge your
anxiety in writing write about what
exactly worries you and when you
experience those feelings the simple act
of acknowledging may be the first step
to overcoming it
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employ relaxation techniques stress and
anxiety even financial anxiety can have
physical symptoms as well as emotional
counteract these symptoms by trying some
stress reducing activities like yoga or
meditation if you're struggling with
financial anxiety you are not alone and
you can overcome it
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