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Last Updated: Dec 29, 2011 - 2:18:31 AM |
Without question these are very stressful financial times and I am sure that not a day goes by without you being aware of the uncertainties of the world’s economy.
So how do you avoid being swept up and overwhelmed by what happening around you?
Well here are seven things you can do to cope better with your financial stress and improve your financial health.
Don’t sweat it!
This is easier than you think. Just by simply avoiding the noise in the market place you would be surprised at how your stress level will drop. So for the next week get out of the daily news circle and experience the difference not being constantly bombarded with bad news will make. And during this time do not talk complain about the economy or your own problems or hang around persons that are complaining.
I am not asking you to deny or not think about the economic crisis but only think about it to the
extent that you can control it. No use worry about what you can not change.
This too shall pass
In the midst of your struggle it is easy to feel as if it will never end. But there are four words that were made famous by Og Mandino and "have been passed down from the ancients” that will carry you through every adversity and help you maintain balance in your life. These four words are - This too shall pass.
No matter what you may be experiencing today just as the sun will set and the day will end, this too will pass. And before long will only be a distant memory.
Laugh!
I am sure you have been hearing it for as long as you can remember “that laughter is the best medicine.” Well find something to laugh about every day and experience the change just laughing a little will do for you.
Forget “out of sight, out of mind”
I am always surprised by the number of persons who feel that by ignoring their finances will help. Let me tell you it won't get better. Your money problems won't just go away because you ignore it. So make up your mind that you will face your finances today. When you decide to face your money problems and do something about it - only then will things change.
If you need help then “Taking Control of Your Money” workbook is a useful resource to have.
Get Your Body Moving
It's been proven that those who regularly exercise have lower stress levels than those who don't. So start moving your body each and every day if only for as little as walking three minutes and gradually buildup to where you are exercising for at least 30 minutes a day.
This gradual buildup is the exact opposite of what most persons usual do. But it is exactly what you want to do as it will help you to really develop a routine that you could sustained over time, which is what you want. No a burst of activity for a few weeks and then relapsing back to no activity at ll.
Track Your Expenses
Here again you cannot afford to ignore what is happening with your money. Start right away tracking your spending - keeping track of every penny. Some one says “if you take care of your pennies, your dollars will take care of themselves.”
So track your spending for the next thirty days and you will be surprise at where your money is going. Leakages that you will be able to fix over the next eleven months. And if you need help get the " Taking Control of Your Money" workbook
Increase your income
Even though you may be working your 9-5 job, one of the most important things you can do is develop another stream of income. This one thing will increase your financial security and reduce your stress level more than anything else you can do.
It will reduce your worry about job security, promotions, salary increases, benefits and reduce your dependence on one income.
Start today looking for ways that you can begin earning more money. And get your family involved, you will be amazed at the results and how your life will change in the next 12 months.
So here are seven things you can do today, none of them are difficulty but the results will be incredible - a stress less financially healthy life!
Glenn Ferguson is a Speaker, Coach and Syndicated Writer, helping you to painlessly take control of your Money, to create wealth for yourself and family. Email to: glenn@financialcoachingwithglenn.com
Website www.financialcoachingwithglenn.com Tel: 242-327-2453 Fax: 242-327-2456.
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