What is financial stress? It is a stress like any other stress. Your body and mind react exactly the same whether it is stress from money or stress about your family. We are going to focus specifically on financial stress and how it affects your well-being. Stress affects all aspects of your life including your physical body and your mental stability.
Financial stress can lead to depression. You feel as though you have no way out. This can be a result of unpaid credit cards that become circular, or unpaid bills and debt. It can also result from having too much to pay and being left with very little at the end of the day. You may feel anxious, restless and overwhelmed. When stress permeates your mental state, you may feel trapped by your financial problems. Gaining control over your finances may seem distant to you. This is where a financial coach can help. They will help you create a plan to get control back of your finances, your mental health, and your life.
Financial stress also affects your physical body like any other type of stress. Your muscles may get tense and tight. You may begin to suffer from headaches, upset stomach and trouble sleeping. When you gain control over your finances with the help of your financial coach, your body will begin to relax and unstress. A good financial coach is aware of the problems associated with financial stress and takes a path to help you feel comfortable, confident, and in control of your financial world. This sense of control over your own money will be the core to relieving your financial stress.
Financial stress can change your behavior. You may begin to self-medicate with drugs or alcohol. Drugs and alcohol are not solutions to your financial problems. This is where a spiritual approach can help solve self-medicating patterns and change your life forever. Your financial coach will help you conquer your financial stress by teaching you coping skills. They could approach your situation from a spiritual point of view, but one where you are completely comfortable. We see this approach with Alcoholics Anonymous. Believing in a higher power, whether God or the power of the universe, is a coping technique that helps alleviate financial stress.
Now that we have a good idea of what financial stress is and how it affects your body and your life, we are going to take a closer look at what a financial coach can do to help you gain control over your finances and your life.
Your financial coach will help you set realistic goals. These goals will not only be attainable but will change the way you approach your finances at each mile marker. You will look at your finances honestly, and from this perspective, decide which goal to pursue. Once this goal is achieved, you’ll move to the next goal in your financial plan. With each goal and the support of your coach, your confidence grows. You will learn budgeting skills . Your new skills will make your goals not only realistic, but achievable. You will always have the support and guidance you need from your financial coach. You will feel confident when you achieve your financial goals, and even be able to weather any unexpected storm. Your financial coach will help you to truly believe in your ability to achieve your financial goals. With a step-by-step plan created specifically for you and your circumstances by your financial coach, your financial stress will quickly be resolved. Worrying less, feeling more hopeful, and achieving your financial goals are always what your financial coach wants to help you to achieve. When your financial coach believes in you, and you believe in yourself, financial stress will no longer be an issue in your life.
