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Personal Finance Stress (and How to Avoid It)
It seems like a lot of folks are seriously stressed and overwhelmed by their personal finances. Recent research shows that 60% of Americans identify money as a significant source of stress. So if Money Matters are keeping you up at night, you’re not alone. How can you address that personal finance stress?
Ignore Your Financial Problems or Talk About Them
Ignoring your financial problems won’t make them disappear. Trust me, I’ve tried that a few times when I was younger, and things only got worse. Talking with friends about your money issues? Yeah, right. We’d rather spill the beans about how our kids drive us crazy or the dumb thing we did trying to fix a leaky toilet. But personal finance? That’s off-limits. Why is that? Well, it’s a mix of social status, trust issues, and fear of judgment.
Talk to a Professional
But let’s be real, if you won’t talk about money with your friends, what are the chances you’ll open up to a stranger? Slim to none. Those so-called “gurus” in personal finance don’t help. Telling people they’re idiots or doing everything wrong boosts their ratings but just adds to the trust issues, fear of judgment, and stress around personal finance. And don’t even get me started on professional financial advisors. They’ll drown you in data, sit you in a stuffy office, and hand you reports full of numbers and charts that mean nothing to you.
YOU Are the Solution to Personal Finance Stress
So how do you relieve the stress associated with personal finance? It starts with you, my friend. You’re on the front lines. You see those financial choices firsthand, and you’re probably your own worst critic. Stop being so hard on yourself!
The good news is, there are ways to pay attention to your money without going through budgets, pain, sacrifice, or self-discipline. It only takes a few minutes of your day. Let me know when you’re ready to get started.
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