Are you having a financial problem?
It makes you anxious, doesnâ€™t it?
Even worse is when this anxiety goes out of your control and turns into stress.
You already know the serious impact of stress.
Itâ€™s time to get rid of it.
1- Control your expenses
Spend time to write down all your monthly spending. Compare to your current income. If you find a negative imbalance, you had better downsize your outcome.
Understand the difference between â€œwantâ€ and â€œneedâ€. Stop having dinner out at fancy restaurants, buying designed clothings and Â entertaining at movie theaters,…
Inmagine, you, stay at your little cozy home, cook for yourself, enjoy your meal and later, lie on the couch watching movie. See? Convenient. Inexpensive. Relaxing. And trust me, without designed clothings, you still look beautiful in your normal outfit the next day at work.
2- Make more money
To gain the balance of income and outcome, you may find ways to make more money, too. Work on some projects as a freelancer beside your full-time job, deliver pizza at the weekends or trade your knowledge to some appropriate demands,..
Do anything in your ability to earn more and reduce your financial burden. Just make sure that you are not overloaded. Gaining some more money but losing much more health isnâ€™t wise any at all.
3- Turn payday into savings day
Set up an automatic monthly transfer into your savings account. Thatâ€™s how your money go to the right place.
You should always have a reservation for any emergency that could happen. For you and your beloved family. Having a savings account helps you feel more secure. And, automatic transfer helps you remember that priority when you are in the mood of feeling rich.
4- Look around for better rates on insurance
If you are a person with healthy life style, you are giving yourself a mercy. You not only will live a long life but also earn some better rates on insurance. Prove that you are non-smoker, experienced driver and claim-free history, you will certainly get preferential treatment from insurance agencies.
5- Use external help
Itâ€™s easy to understand that you are not experienced enough to handle all the pressure. There are several professional sources that can help you.
Read financial books. Use financial consulting services. Go to workshops on personal finance. Listen to advices from friends or family members who are responsible with their own finances. Donâ€™t force yourself too much while you can ask for help from the others.
Life goes on. Itâ€™s not worth spending time worrying about your finance. Be active in solving the problems. Financial stress will no longer affect you.