Financial Stress – How To Handle The Stress of Debt

Financial debt is one of the most stressful things in life. Everyone handles it differently, but how you handle it will affect how quickly and easily you get out of debt for good. Some people will turn their lives around quickly and get out of debt, but others will find the pressure too much to handle on their own and seek help from debt consolidation companies.

Stress can cause all manner of health problems and especially when it is brought on by financial debts. In extreme cases, stress can cause depression and a feeling of hopelessness as you are unable to go about your everyday tasks. Your work will often be affected, which impacts on your earning ability, which in turn affects your ability to pay down your debts.

There are lots of ways of handling stress. Simply taking a bit of time out for a walk or some form of exercise will do wonders to focus your mind and help you start performing on your job once more. Yoga is probably one of the best forms of exercise to relieve stress and you can follow it using DVDs from the local library if attending a yoga class is too expensive for you. This will help your stress ad your financial difficulties at the same time! Your energy levels will soar making you better able to handle the stresses and face the reality of your debts. In doing so you will get debt free sooner.

Even reading a book quietly for 20 minutes a day can be sufficient for your mind to escape the constant worry of making ends meet. Financial advisers often budget for a small allowance to help you remember exactly this. Sometimes a little bit of what you fancy does do you good. Just make sure it doesn’t cost the earth or you will never solve your debt problem!

A Salutary Lesson From A 4-Year-Old

Every parent knows that children can always be relied on to listen closely to what they’re not supposed to and yet are completely deaf when you ask them to tidy up or anything else they don’t want to do.  But I was completely floored by what my 4-year-old came out with.

“Don’t worry, mummy, I know another way to get some money!”

And whilst I could not stop myself laughing out loud, it was more in fear than amusement as my blood ran cold.

When the school finally opened after a long Christmas break, my twin boys were in for precisely one day before snow forced it to close again for a further two.  I had been on at them ALL DAY about charging recklessly about the house risking breaking just about everything.  The school had suggested some homework activities but the boys were soon bored again.  I resorted to threatening them that we wouldn’t have enough money for their birthday party in March if we had to replace TV, sofa, put the radiators back onto the wall etc.

I explained that as long as the schools were closed, mummy and daddy had little time to try and earn some money.

“Don’t worry, mummy.  I know another way!  All you need to do is get your old jewellery, pop it in an envelope and post it off.  Then you get a cheque in the post and you can exchange that for money, can’t you!”

WHAAAT? !

So that’s that then!  Simple!

It’s a sobering lesson and a sign of the times.  Advertising is very powerful, even when it is not aimed at children.  But just to be sure, all my jewellery is going straight into the safe!  I can’t risk it might be “popped” into an envelope and randomly posted! 

Just as well we’ve recently replaced the safe batteries then!