How to Stay Cool Under Financial Pressure
As the famous saying goes, “money makes the world go round.” If you have plenty of money, you can fix anything, even the hardest problems you can ever imagine. On the other hand, if you don’t have money, various problems will arise including marital and interpersonal problems. If you ask people what their problems are, surely money will be at the top of the list.
The truth of the matter is that even the richest people go through financial pressure at one point in their life. What more for a regular person who needs to juggle day to day just to make ends meet? Financial problem is a normal thing, and a lot of people go through it every single day.
Although you can’t control financial pressure, you can control your response to it.
Below are some of the recommended ways to handle financial pressure:
Handle financial pressure with a calm mind
It is hard to remain calm, especially if you are in the midst of a financial crisis. However, you have to keep in mind that worrying can further make the situation worse. If you worry too much, you can’t think rationally. Your body and mind are affected. Your heart rate increases and the body releases cortisol, a stress hormone that can greatly affect your body’s ability to function normally.
There is no better way to handle financial pressure than being calm. Mayo clinic is recommending these 4 A’s for stress relief. The good news is that there are plenty of ways to remain calm, and some of the tested and proven effective ways include the following:
- Breathing exercise – A simple breathing exercise, breath in and breath out can help calm the body and soothe a shattered emotion.
- Muscle relaxation technique – Muscle relaxation technique can actually help alleviate stress the fastest way possible. It helps calm the body, mind, and spirit.
- Taking down notes – Sometimes, you can calm your mind if you take down notes, especially your emotions and stress you are currently dealing with. It’s more like journaling. It is a form of talking to yourself and reminding yourself that nothing lasts forever, even the financial problems that you are currently in, everything will eventually get better in due time.
Reframe the situation
You have to remind yourself that you are not the only person who’s going through such a financial situation. Many people out there have the same problem as yours. You may feel like you are a failure but don’t let it eat you. Do your best to work it out and use your strengths and courage to make it through.
Take a break
You could be dying to get to the bottom of your financial problem, but keep in mind that most of the time rushing things can only make it worst. It would help a lot if you are going to take a break and catch some fresh air for at least a few days. When you deal with your problems later, you will be calm, relax, and have a fresh outlook. Spend a few days with your family. Go ahead and watch your favorite movie. You might want to enjoy hobbies.
Whatever it is that makes you feel relax, do it. Release the tension and negative energy. Once you are okay, you can go back to handling your financial problems, but this time, with a refreshed mind and renewed spirit.
Talk it out
Some people are afraid to admit that they are going through a financial crisis. They tend to just sit still and think of their problems on their own. If you are the introvert type, you surely don’t want to share your problems with others. So, the best thing to do is to write it down. Get a piece of paper and write down your thoughts. Believe me, it will make you feel a lot better.
If you are the outgoing type, you will surely feel better if you share your thoughts and feelings with someone dear to you. The presence of someone you trust can somehow ease your worries.
Don’t keep secrets
Financial problems can cost you your relationship, especially if you keep it a secret.
For married people, one of the reasons for divorce is financial pressure.
If you keep it secret from your spouse, there is a possibility that it could lead to marital challenges.
Financial problems caused countless marriage breakups. Be genuinely honest with your spouse. Tell him/her about your financial struggles and work things out together.
A problem shared can lessen the problem significantly.
Do not hesitate to ask for help
If you feel like you can’t handle the financial problem all alone, then the best thing to do is to ask for help. Help can be given to you by your spouse, family and friends, and financial advisor. Admit to yourself that you can’t make it on your own.
Self-acceptance of your limitation can make you open to all forms of help.
We are living in a world where money is both the solution and the problem.
A good night sleep can help
If you are having problems, be it in your relationship, school, and most importantly, money, you will surely have a hard time sleeping at night. You will be sleep deprived and a body that is lacking sleep cannot function well. You can’t think rationally and you will be irritated easily. It would help a lot if you are going to get plenty of sleep to give your mind and body their much-needed rest.
The next morning when you wake up, you will feel relax and energized. Your mind can function well. So, most likely you can think of the right things to do to get to the bottom of your problem.
In times of financial crisis, it is easy to act like a victim but doing so can only make the situation worst. One way of handling the problem in a cool way is to admit that you are responsible for it and that you are willing to fix it.
Positivity is the key
A positive mindset can make a dull world bright. The same thing goes if you are in a financial crisis. Always look at the bright side of life.
Staying cool and calm under financial pressure may seem like an impossible thing to do. The truth is you can still regain your composure and sanity even in the most challenging times. There are strategies for financial peace of mind and if you are under financial pressure, make sure you follow the tips mentioned above.
Each and every one of us has our own unique take when it comes to handling our problems.
You just have to identify which coping technique suits you best. Problems are a part of life and there is not a single person in this world who does not have a problem. As I said, financial pressure is common but at the end of the day, it is how you deal with it that makes a huge difference.