Choices Magazine - Winter 2021

Page 30

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KEYS TO POSITIVELY ADDRESSING FINANCIAL WORRIES AND CONCERNS BY MARIA ORTIZ

ave you ever had trouble sleeping because you were worried about your finances? Have you ever avoided checking your bank account balance because you’re afraid to look? You’re not alone. In their latest Stress in America survey, the American Psychological Association found that 72 percent of Americans reported feeling stressed about money during the previous month.

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Adding to our normal money worries is the economic fallout of a global pan-

demic. Jobs have been lost. Businesses have shut down. And many Americans are left wondering how to cope with the resulting financial worries and concerns. How NOT to Cope Most people cope with financial worries by avoiding them altogether. Although this might seem like the easiest way to deal with the situation, it’s unhealthy for your mind and your wallet. Not addressing your financial concerns, can lead to increased debt and worse anxiety than you had before.

Here are some of the negative results of dealing with our anxiety the WRONG way: • • • • •

Relationship issues Insomnia Weight gain Withdrawing socially Coping in unhealthy ways (like overeating, drinking too much, and even drug abuse)

Tackling your financial problems may seem overwhelming, but it’s well worth the effort! Here are four simple things you can do to get started today.


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