Monday, 19 February 2024 02:39

Managing stress in finance

Written by Karla Gutiérrez

Financial stress occurs as a consequence of economic problems that generate anxiety and produce a feeling of vulnerability or scarcity. Good financial health management is essential to prevent this type of stress and its possible negative effects on physical and mental health.

There are different strategies you can implement to reduce financial stress and improve your emotional state. Here's what you need to know.

Establish a budget

Start with a basic exercise: create or adjust your budget. Sort your priorities and cut expenses, set payment dates and stick to the plan. Not only will you organize your finances, but you will also have the certainty that you have control over them, which gives you greater peace of mind.

Find a hobby

One of the most effective strategies for these cases is to find a hobby. No matter what it is, it helps reduce stress and anxiety. Ideally, find one that is free or very low-cost, such as running, writing a personal blog, practicing yoga with YouTube videos, among others.

Pasatiempo: ve ventajas de tener uno, según Consar - Uno TV

Get a good night's sleep

During sleep, your body produces hormones that regulate stress and anxiety, such as cortisol and melatonin. Have fixed bedtimes or avoid using your cell phone an hour before bedtime.

Videoconferencia: Duerme bien, controla tu sueño. Tecnología para mejorar  tu descanso | Fundación Ibercaja

Consider professional help

In this case, it can come in two forms. The first is a financial advisor to guide you on the road to economic stability. The other is with a mental health professional to help you cope better with stress.

Los psicólogos apenas trabajan porque los pacientes han recortado gastos

 

 

Translated by: A.M