Topic: How do you deal with financial stress? - page 2. (Read 2164 times)

If the cash flow of our monthly expenses is not smooth, of course this will really stress us out because we cannot meet the needs we need properly and it is important for us to have other sources of income so that we will be able to meet the needs we need. Of course this will really help us, but if we don't know what we can do to have additional income, I think it would be better if we could explore the potential that exists within us and develop it so that we can do it better and of course give us income.

Of course, friends and that more or less makes us depressed in the end because it will affect the cash flow of monthly expenditures, especially the funds are not special funds, I mean, what we use is only from one source of income, but if what we use is other sources, although it shifts a little, I think it doesn't have much effect.

I think one way out so that financial stress is minimized, we must strive for businesses that give us new opportunities in making money, of course.

I haven't faced any big financial hardships so far but whenever I do face a small one, I always try and take a step back because it really does help put things into perspective, makes you think more clearly because you see much better, you're not getting a tunnel vision because you can easily do things in a much focused way since you know how to deal with it without the worry of making mistakes. Another thing that can help with financial stress is the distraction, find other things to do beisdes your work and stuff, have some fun and you would be able to deal with it in a much chill way because you're not stressed about it anymore.

Of course everyone will face financial pressure situations, when our financial situation is in a slump, we will try as much as possible to support our family, it cannot be denied that everyone will be in a position like this, because this is part of life, there is no way everything will be faced with money, therefore a worsening financial situation will certainly happen to every human being without exception.

With the situation we face without having money, we will try as much as possible to improve our finances again, but if we lack money, of course there will be many impacts that we will have, mental pressure is of course on us which makes us easily emotional about the situation that will happen. we face, therefore prepare yourself as best as possible, because financial situations will come at any time because it is part of life.

Why does it arise, because we previously always considered it normal and untimely and still safe at the time so that preparation was not done. But if you read quickly, let alone have a family, this is like a time bomb that can explode at any time. Examples in the daily life we live. There are needs that are born beyond our predictions,

The solution should be to try to have an opinion at least a week to get $ 70 apart from monthly opinions outside of monthly income whether it is working in the private or government.

If you are young and already have these thoughts, I think the possibility of it happening is less because it has been prepared from the beginning long before we have a family.

In this way, we can conclude that during the pandemic, the economic crisis made life very difficult, especially for the lower classes, which was clearly visible because they found it difficult to earn an income and did not have any savings, that was what the lower levels felt at that time, compared to the upper middle class, they still had savings or have other immovable assets and that has passed and is used as a guide for the future so that we are better prepared for the possibilities that will occur the future.

It can be said that I am in this terrible situation. Even though I made a lot of plans, asked for advice from others... a lot of things, but it seems that overcoming it is not as easy as many people are saying. I believe that those who find themselves in that situation will find that overcoming it is actually more difficult than many people imagine. But I must admit one thing that gives me a positive impact is exercising and participating in sports activities. I feel my stress gradually decreasing since I spent time jogging and playing badminton in the past 2 weeks. I don't know exactly if it's an effect of exercise or not but that's what I feel.

The best way to deal with financial stress is to take a proactive approach. Start by creating a budget to track your income & expenses. Identify areas where you could cut back & save money. Prioritise your financial goals & develop a plan to achieve them. You could get professional advice from a financial planner or counsellor. Manage stress through exercise, meditation or other relaxation techniques. Try to maintain a positive mindset & focus on the actions you can take to improve your financial situation.

Yeah, it's really hard to deal with financial stress and for sure majority has experience this, so for me the way I was able to get back at might feet is,

a. try to re-invent yourself, try new business that you are not familiar but easy to setup, I think this by opening a small store and it really help me a lot during those financial times

b. you can borrow money to start some business

c. Budget, budget and budget. As we have a local saying that you really need to tighten your belt when you have financial issues

And it took me two years to get back again after losing my job and try to bring food in the table for my family and put my child in a good school. So it takes a lot of mental fortitude as well and believed in yourself, just saying.

Dealing with financial street is so difficult and challenging,it affects ones overall well being and quality of life.So in order to deal with financial stress one can create a budget by tracking your income and expenses,this can be a great help, where you can cut down on expenses and save.
Also you can make a list of all the things you intend paying and pay them first.another one is to seek support , how you can spend and manage your finances, lastly.
since financial stress can affect the mental health and physical health,one needs to take care of your health always.

Everything haven't been easy. COVID, economic instability, and climate change are significant forces impacting lives globally. It's natural to feel anxious and stressed in such times. Accepting these challenges as real, without minimizing them, is the first step towards navigating them.

While optimism is crucial, blind positivity can feel disingenuous during difficult times. Instead, consider cultivating a more nuanced perspective. Acknowledge the hardships while recognizing your own strengths and the potential for positive change. You've served your country, adapted to new situations, and are actively seeking solutions. These are remarkable strengths to build upon.

Feeling stuck financially is understandable. While cryptocurrency and side gigs might be working for you now, consider exploring other options cautiously. Researching job openings, upskilling, or seeking financial counseling might open up new possibilities. Remember, navigating your path doesn't have to be a solo journey.

i understand how it feels to be in a difficult position like that, where it is quite difficult to be able to find work and earn money to cover your daily needs. personally, i am grateful that i still have a family who can help me when i am in a difficult position. they wanted to lend me money and give me food when i couldn't find a job. and this makes me more optimistic and less stressed when facing financial problems.

it's true that not everyone has a supportive family like i have, but if you have a good family like that, it's good if you go home to them and ask for help, maybe they can help you in your difficult position.

It's hard to endure the pressure of a financial crisis. I have a wife and children, I have a stable job but there is pressure on revenue and sales according to labor productivity. My wife has a job in the medical field but was unlucky when she had an accident and broke her leg in early 2023. I had to endure great pressure, I lost a lot of weight, I became easily stressed and irritable. harshness - perhaps it is psychological and a symptom of severe stress. The family shares but time is limited due to work and distance. I also receive some financial support from relatives. I feel like my life is at a standstill, most of my living expenses are in deficit, I set aside a reserve fund to invest in crypto before, at least withdraw a little to continue taking care of my family. . I consider crypto as a corresponding source of income. Luckily, everything passed and things gradually returned to normal. Many people have difficulty in covid-19, but I think that in life, many unexpected events can happen, try to manage and make efforts to overcome them.

Therefore, I suggest you have a side job, like me. I work in a coffee shop, that is my main job, and I have a side job where before or after coming home from the coffee shop or my main job, I take myself to learn the features or aspects involved with photo editing, video taking, and photography. , because it is my side job. At first I studied multimedia majoring. Therefore, I occasionally use my skills on things related to photographers.

Having a side job can be done, as long as we are the ones who can balance our time, think about how to ensure that two jobs don't clash until finally I find the right time. So I suggest you have a side job to be your own leg so you don't fall when your other leg breaks.
with what you are doing is selling online, just try to deepen it, maybe it can develop, so well that you can have your own shop or warehouse. As long as you have good discipline and self-confidence and so on, I'm sure all these things can develop, don't be afraid to fail because failure is a lesson for us.

I think that time has passed and what we most need to anticipate now is inflationary turmoil where income no longer matches the goods we spend and prices increase over time. Apart from that, what adds to the burden on our minds is that if we invest, say in crypto, the wrong choice of coins that are not fundamental will have a big impact on psychology and financial governance in general.

During the pandemic, this is one of the reasons why many people have problems that make their financial pressure even worse. Even many people who have businesses felt financially fine before the pandemic. But post-pandemic, money continues to be a pressure that makes them stressed. We have a lot to learn from this pandemic, even though financial pressure has now returned to normal, we must not neglect to use the pandemic several years ago as a lesson so that we are better prepared to face the same situation, perhaps not another pandemic disaster, but a global economic crisis.

what you did was right. While you have the opportunity, make the best use of your time to continue looking for additional income. Apart from that, managing your finances well, and having a money post will teach you how to be aware of all your financial decisions. Stop for a moment to celebrate something that is not important, use money for investment because this is one way to overcome financial stress in the future.

Definitely everyone of us feels that but to a varying degree and I believe that each individual is almost unique when it comes to dealing with it, for me with that kind of stress I usually feel uneasy at times and I almost always feel the same too combine that with all the negative news around the world with all these wars, the collapsing in our very eyes is accurate as it can be, but I don't really let that feeling linger for long though, I tell myself that if I want to help even just a little dealing with it, I need to move and do something worthwhile.
It's the same with my country too and the worst part is that the people have elected an official that doesn't care about them or any of them and doesn't even know how to spend the money of the people besides lining their pockets, even the Vice president's family got a stranglehold on one of the municipalities employing ghost employees and people are so blind about the things that they're doing, they still don't want to fight back even when they're stealing the money right on their faces. Regarding the help of this forum, for me it didn't help for now because I'm still hodling on to my bitcoin hoping that it will give me a big profit in the near future but I guess I could say that it helped me not to worry too much about finances because I know that I'll be safe in the case that I need something for an emergency.

I did the same thing as you selling online when my job or my office was closed. I had bills to pay every month even though I had no income at that time. The more I thought, the more stressed I became, so sometimes I didn't think too much about things. This is because we have to accept that when we are not well, I did what I could do, such as buying and selling online and in the end everything was fine until my financial condition improved over time.

I think you needed to breathe and calm your nerves for a while. I think I understand how you felt at the time and I can say that there was a point when I could relate. And from experience I believe that this overwhelmingness comes from when you have too many things going on at the same time.

If you see that your Economics degree isn’t in high demand for remote work then consider relocating to the countries where it is needed. Moving out wouldn’t be any easy, but in the end it will definitely be worth all of the stress. The world economy was really affected by COVID, so just know that you aren’t the only one who is facing these challenges.

It is already a given that everyone has their own unique ways of coping with stress. However, some individuals seek guidance and advice from others in order to improve and learn how to manage their stress effectively.