Topic: How do you deal with financial stress? - page 12. (Read 2164 times)

I am not always optimistic, I am more of like always prepared for the worst. I wasn't came from a wealthy family, not from a poor family either just a middle class, so my parents have had their high and low, and I am get used to it. I am not saying that I never has a financial stress, but when I do I just live through it trying to find a new opportunity, and I believe that it will get better at some point, because it always does, and then it will get worse again, and then get better again, just a cycle of life.

I'm always adjusting myself to everything, I learned to appreciate the things that's in front of me, instead of looking for an apartment of your choice, why not just look for what is available. Sometimes we stress ourselves in purpose without us noticing, there's a lot of solution in a certain problem but we always force that only one solution or choice in our mind that's why we ended up stressing too much.

For me, I'd rather have something than to have nothing at all, what I mean is, I'd rather take the small apartment rather than stressing myself out looking for a good one. I'd rather be in a peace of mind by choosing a very simple choice rather than stressing out myself because of choices that is not even available as of the moment.

As you said, every problem has a solution. So our job is just to keep moving forward and keep trying harder to improve the situation and keep enjoying the process that is being undertaken so that we don't get bored easily in carrying out our process in fixing the problems we are facing. And the majority of everyone's problems today are always related to money. So it is not surprising that after the Covid19 pandemic we also have financial problems and we are now struggling to improve these finances.

Living in the city is actually much more practical and easier if we have a lot of money and have a job that can make a lot of money. It's just that living in the city isn't easy if we don't have a lot of money. This is different from living in a village where the cost of living is actually cheaper. Because we can even work in the fields to get abundant food when harvest time arrives. It's just that in the villages more power are needed to work. So in essence, both are good places depending on the conditions.

I don't blame you or say that you are overthinking everything because you are obviously not alone in this. I've been through a lot more than what you are going through right now, you at least have a backup source of income that earns you at least something when you don't have a job, I didn't even have that. The only thing good about my situation was I had a residence and wasn't looking to rent a place but the job situation was worse than yours.

Can you imagine having a family of your own like a wife and a child and you are the sole bread earner of the family and you don't even have a penny in your pocket on certain days? I've been through that time, but I never gave up and I knew that things would get back on track and that happened. So, all you need to do is to keep yourself motivated and don't give up, things will change eventually and this time shall pass as well.

I am also in the same situation just like most people do. But I can honestly eat and pay my bills with ease. What is stressful is trying to think big like having significant savings for future use to buy or invest into something. I have many plans for the next few years and maybe because of it, I am a little stressed when I think about it. There is pressure to work hard and look for more ways in order to create income.

But you are right. Maybe I should just relax and savor the moments. Right now I am playing a mobile game in order to chill my brain.

Before covid 19 we were able to manage house holding activities but now everything get so expensive that no body is happy and satisfied with their income. I assume that in future there be more inflation if the situations are not managed properly therefore government should initiate certain rules in order to manage these circumstances.

We know that we cannot get rid of such circumstances because we have to spend life therefore we should work our best to handle these situations. Nothing is in our hand to overcome inflation as it is spreaded in all over the country but we can make a good revenue if we utilize our strength in better earning activities.

Adaptation is necessary in each and every situation so work according to your own needs because if you set without doing anything then life will become difficult for you to live.

Well, all of us who are a community here in this forum are suffering from different levels of problems in our lives. Even if we are not the same, every problem we have always includes money, for sure. But even so, we also know that every problem has a solution; we just have to find it and work hard.

When we are in the city, let's expect that the main reason for us to stay in this place is money, but if we compare it to living in the province, it is not insignificant that even if you don't have much money, you can still live easily compared to living in the city. But no matter how serious the problem is, one must be patient and resourceful in these situations.

The simple thing is to reduce expenses. I am sure that even if we are employees who have a position but the salary we have is large and some global economic problems will not make us fully survive. If you think more deeply, there are still people who are even less capable than us so we can be more grateful for the finances we have now.

When the corona virus became an epidemic in the world, everyone was waiting for a normal world. Corona-free normal world may have come but people are now having a lot of difficulty to live normally. One of the major problems of people is financial problems, if a person has financial problems then it is very difficult for him to live a normal life. 

After the corona virus, the prices of all the essential commodities have increased a lot, people's salaries are the same as before, but the prices of all food, fuel, oil or other commodities have doubled due to which it is now very difficult for people to live normally. In developing countries, where before taking 5 dollars equivalent money, the market is well finished, now, even taking 10 dollars money, the market is not finished, then just imagine how the current economy has reached a stage. To avoid economic crisis everyone should think of alternatives so that people can earn money in alternative ways.

You have to stay focused and find a solution for one problem at a time... and putting a roof over your head, must be your first priority. Then you shift your focus on putting something in your stomach to enable you to work.

The world can sometimes distract you from these primary goals... because people get side tracked by the things that does not matter. (Size of the house / what area they live / What car they drive... etc.)

Just start small... and work your way up to your dream house and the family that supports you. 

What has been difficult for me to face for the past few months is how to deal with prices which have risen quite alarmingly, it seems that the increase is normal but the increase in income is sometimes not even enough to meet all the needs that must be met.
As for where to live, I'm still luckier at the moment because I still have a permanent place to live even though it's not privately owned, but if I have to buy a house or even just rent it, I'm sure it will be increasingly difficult to meet all of life's needs.
The current state of the world is indeed quite worrying, but it's not just workers who are in business who are experiencing the same thing because that's what my friend told me, In fact, this has been happening since last year, where sales have decreased quite significantly and only increase at certain times.

The experiences I've had so far may never have reached the level you're currently experiencing. Perhaps my perspective wouldn't be rational, as I haven't gone through it myself.

Alright, if I were in your position now, the first thing I'd do is prioritize food. Nutritious food is the best support for humans to keep striving for survival. Yes, we don't need to think about an apartment first because if we're healthy, we can search for one every day.

Housing issues in my country aren't too difficult for emergency use. I could live in a simple shelter at a very low cost. You wouldn't even believe that here, with $35, you could sleep on a bed for 30 days. Of course, it wouldn't be luxurious accommodations.

The next step would be to seek better or additional sources of income. Whether it requires working full-time, as long as the earnings can provide more money, it's not an issue. It's better than enduring a life of poverty and hardship.

Focus on economic and financial growth to lead a better life and avoid stagnation.

Your solution may be exhausting but this is a really good initiative because you will forget or not have time to think about it. This is better because there are others who have plenty of time who tend to be on one side and overthink things and that will lead to suicidal thoughts which we shouldn't think of.

It is really best to keep yourself busy no matter if it is work or a hobby like sports. Just keep yourself busy and do productive things so that you can easily move on from your problem and forget that it is already solved because you are very productive.

When we don't work, there is no income that we can have, which will affect our daily life processes. People now have difficulty finding work and after the impact of the recession that hit, it has become increasingly difficult for people to meet their living needs. The government also encourages several MSME sectors to use domestic products, but people's purchasing power is low because they do not have a level of financial stability, which means these home businesses do not run well. There must be improvements to get to this stage of difficulty and the government and individual members of society must also encourage themselves to come out to find solutions to this problem.

This is a weakness for everyone who does not have skills at work and usually people like this rely more on energy at work. Strengthening human resources and skills training is very important in conditions like this because if training is carried out when problems have already arisen it will be difficult and inappropriate because it will be too late. What the government needs to do is train the human resources of young workers, so that they are ready to live life and if this is not done now, if they are faced with the same problems, society will have difficulty getting out of these problems.

Wow no salary for a year.

I spent 5 years in the service. 1978 to 1983. US Navy. They paid not much but they paid.

So from what you say you are still young. Maybe 🤔 find a roommate making the apartment expense less.

I can relate to what you have been going through. There are times I felt tired of everything and thinking of what else to do in order to cope up on these trials that i'm facing financially (and in general). But there's no other option but to work hard and strive because nothing will happen if you just sit there and wait. Hence, I don't want to keep thinking negative thoughts and just keeping myself busy at work, in managing my business and doing extra task here as side hustle.

In addition, I started taking up a 2 year office management course through online class. This is my alternative to improve my knowledge and land to a better job in the future. Of course nothing is certain but while I still have time, I think it's not late to have this achievement.

Don't you have emergency funds to start with OP? Many have already said that we need emergency funds so that we are prepared at least if things like this happens.

I don't know which country are you living OP, but living in the province really helps as to living in a city. Expenses are way lower. If your concern is food, you can just plant crops that will give you fruits, and vegetable after few weeks or months. As for proper housing, don't you have any relatives where you can try, and live there temporarily while you are finding a proper house where you can live with.

As for what you're feeling right now compare to what I felt when COVID19 started until now, I didn't felt any financial stress TBH. Not bragging, but ever since, I already have emergency funds where I can get some money if things get worse like what happened. I'm also living in a province where food isn't that expensive to buy because we have vegetables in our backyard. As for housing, we are living in a family house currently. I just hope that you OP will stay optimistic when hardship comes like the pandemic.

Always take note that there's no problem that can't be solved. All problems have solution. Always find a way. If you need to change something like your lifestyle, do it. If you need to do something that you aren't doing in the past, but you need to do to survive, do it. If you need to plant just to lessen your expenses in food, do it. If you need to transfer to another area just to lessen your expenses, do it. If you need to find another job that's outside of your profession, do it. I know it's easy for me to say this, but I also did felt the same back when there isn't any COVID19 yet, but to cut the story, I solved it.

When you reach a certain age (not old, just over 30 is enough) you realize that stress doesn't solve your financial woes and you need to instead pivot the way your finances work. For example I was the type of guy who did not spend money on anything at all, literally nothing, and then I realized that never got me anywhere and didn't really helped me, so now I am on the "grow with debt" type of guy which many smart financial people suggest, and that works better in the end. So you need to look at what you are doing, doesn't have to be similar to mine, just look what caused your stress, and then try to figure out how you can pivot to make it better. It could be reverse of mine, who knows what yours is, as long as you find the root of the problem and a solution, they can be anything, because you test them and see the results and repeat until you find one that works for you.

Well I am living in Türkiye and under extreme inflation. We still survive in this atmosphere mainly because families here help their kids a lot. I got help from family, not shy about it because they know how bad it is and how wages melt under extreme inflation. I also find another way to protect my wealth. Funds really helped me. Professional investors are using money wisely to be honest. I am bit worried with stock markets as can't detect time to short or long. Funds are better.

If you get used to worst, you don't see it as worst but start seeing it as normal and it gets dealt with, automatically. You don't need to be optimistic, but to make it a habit. See there are two choices, one is to keep going with our ongoing life and other is to make a choice to change it for your better. But yes, it is also true that opportunities have vanished after Covid killed many lead members of families who were the breadwinners for them and made people totally helpless. Some who are still alive, get to hear from their families for not doing anything but our relatives never understand that there is an opportunity crisis going on in this world and we need to deal with it because inflation is the only thing increasing quietly and poverty has taken place at the homes of many middle class who were living a normal life before Covid.