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Manage Your Monetary Stress with These Easy Steps


One of the biggest challenges of adult life is learning how to handle money. According to the American Psychological Association, financial problems are one of the biggest reasons for stress. We keep working hard and trying to save every penny or spend it wisely but some need or the other keeps coming up, thus disturbing our balance.
According to the APA study, women are far more likely to be affected by financial stress as compared to men. This stems from the psychological inclination of women to juggle multiple roles at once. Whether it is taking care of family, maintaining a social life or looking their best selves, women try to achieve multiple goals that on some level involve money. To meet these needs, they put themselves through more stress and thus the cycle continues. It is very important to recognise the direct connection between stress and poor health.
If you are feeling stressed or going through a financial crisis, you must handle the stress to avoid a complete physical or mental breakdown. Follow these steps to help regain your balance:
Identify the symptoms: If you are feeling irritated or anxious more often than normal, chances are you are experiencing stress. Other symptoms include excess exhaustion, stomach aches, headaches and insomnia.
Prioritise yourself: It is not selfish to put your needs above the needs of others for once. If you are feeling extremely overwhelmed, give yourself a break. Go for a walk or enjoy a cup of coffee in peace. It is very important to devote some time to activities that you actually enjoy doing, in order to recharge yourself.
Assess the situation: Now that you have taken a breather, calmly assess the situation at hand. Only after this will you be able to come up with effective solutions to the problem. Avoiding it for long or staying in a delusion will not help matters. Be prudent about your finances. If you have debt, calculate the exact figure and work out a monthly plan to pay it off. Make sure you manage your expenses to stick to those numbers.
Ask for help: Once you have a clear idea of the problem, think of the people who are in a position to help you, with regard to their personal experiences or professional qualification of managing money. Do not let your financial inability put you in shame. Consciously try to avoid emotional upheavals. Remember, this is all about numbers. To manage stress, you can also try exercising.
Follow these few steps and master the willpower to cut back on unnecessary and impulsive expenses. Keep a positive attitude and hold your own in the face of financial lows!

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