Financial problems cause stress. Stress directly affects so many aspects of your life, financial stress is not an added stress that anyone needs. Feelings of shame and failure complicate the situation. How can you get a handle on your finances and feel less burden and stress in your life? Let’s look at how financial problems affect financial wellness.
Financial issues affect you and your health. Worrying about your finances can cause so much stress that you lose focus on other areas of your life. The stress alone can affect your friendships and relationships. Stress directly affects your health.
Your family, marriage and children can suffer from the stress of your financial situation. You can become distant seeking solitude as opposed to enjoying your spouse and children. Your family wants a well-balanced you, not someone on the brink of mental issues.
Productivity declines under stress. The more you worry about your finances, the less will you have to fix the issues. Your job or business may suffer as a result. Losing will and momentum due to an overactive worrying mind only complicates the situation.
Once productivity declines, then comes the onset of feeling of not good enough or shame. Feelings of failure only push you further away from the productive happy you. At this point, isolation usually happens as you try not to burden others with your problems.
What can be done to remedy the situation? How can you achieve financial wellness and feel whole again? What is financial wellness? It is not having all of your debts paid off, it is having a reasonable handle on your debts and paying them off in a timely manner. Financial wellness is being in control. You control your finances seamlessly. You have financial freedom and security. You’re able to deal with your finances and never worry about an emergency. You have money saved, invested, and your debts are getting paid off on time. You have financial goals and are able to meet them. You are no longer stressed out about money.
This is the best-case scenario, but it might not always be easy to achieve this on your own. This is where a good financial coach can help you organize and create a plan for your financial future. Your financial coach will help you create healthy financial habits and goals. The more honest you are with your coach, the more your coach can isolate issues and help create a plan to remedy them. If you are spending too much, your coach can help you get a handle on your spending. If you are not paying your bills on time, your coach can create a good working plan to help you. When you stick with the plan, you will find your financial burdens lifted and your spirit happier. Money management is so important for a healthy happy life. Your financial coach can help you get there.
