Reduce Your Financial Stress

Financial stress got you down?

A Gallup poll found that 20% of those surveyed report having a great life. They’re fulfilled by their work, live in great communities, have good physical health, have loved ones they can turn to for help, and have very low financial stress. Financial stress impacts health and relationships. It’s linked to anxiety, depression, and mental health challenges, often leading to substance abuse and negative addictions. Financial stress is one reason people are distracted at work, and that reduces their productivity. So, how can you reduce it?

First, guard your heart and mind! Don’t try to keep up with the Joneses. That mindset breeds discontentment and overspending. Be grateful for what you have and thank God each and every day for all He provides! Begin by tracking your expenses so you know where the money goes. You need to know what you’re spending. Then be intentional about saving and building an emergency account. If you have pets, children, cars, or a house, trust me, you’re going to have emergencies! Find ways to have low-cost fun with like-minded people with the same goal. Now once you’ve saved ahead, don’t be afraid to spend some of it. Go ahead – bless your spouse and family. Just don’t overdo it. Don’t go into debt. In fact, a big stress reducer is paying off debt. Yes, you can reduce your financial stress. You have to guard your heart and mind while giving thanks in all things.

And if you are under financial stress because of credit card debt, I recommend Christian Credit Counselors. They’ll create a debt management plan that works for you. For more information call the Crown Helpline: 800-722-1976 or visit online at crown.org/ccc.