Money Worries and Stress !!
Why saving can give you back your self esteem
If like me you have money worries and stress on your mind most of the time, you need to stop worrying and instead find a solution to end all of your money worries. Worrying constantly about where your cash is going can be a drain on your health, relationships and wellbeing but many of us can’t stop our anxiety levels from reaching a high especially at times when spending money seems unavoidable.
So what can we do to manage our money and our stress levels?
First of all stop wasting time on the small stuff, if keeping up with the Jones’s is an issue for you, just stop, you’ll never have enough to make you happy and, anyway do you really want what your neighbour has, many people who hide behind big houses and dream car’s are not actually that satisfied with their lives, so why do you want to be like them? Statistics hold that many of us are living beyond our means and that these houses that we live in is a mere faced that hides how little we actually have.
Put simply, what we need to do is spend less and save more, but easier said than done I hear you shout!
By putting some aside even if for a couple of months you will soon have that little extra, a few pounds each week squirreled away can soon add up and come in useful. But not only that but by watching the piggy bank get fat will actually help you feel better in yourself, with many of us feeling less stress when we can see that we have a little ‘rainy day’ money put by.
Saving for a new car? Well you have a few options, whilst getting a short-term loan is the answer for some, others feel better knowing that they have paid up front for their car and have the money they need to make their dream purchase ready and therefore reduce personal debt. It’s true what some say, you get a sense of ownership, pride and you appreciate your purchase more when you have worked hard to save up the cash. Stumping up a few hundred and sin some cases a couple of thousand for a new set of wheels can take some time but it can be really worth it in the long run when you know you have the money you need and don’t need to borrow.
My new year’s resolution this year is to make a start and put aside just a couple of quid each Friday evening and watch my money grow into a tidy sum ready for the summer months when I can then splash out on something really nice. Out with the ‘debt’ and in with the ‘piggy bank’ I say!
If you have personal debt and want advice on how to sort out your finances there are plenty of organisations out there to help give advice and sometimes just by sounding out your worries can reduce your anxiety, with many putting too much on what they don’t have when really with a little guidance it can be sorted. Make your spring cleaning your finances a priority this year and start now but most of all don’t put too much on worrying when you don’t need to, don’t do it alone, get help if you need it and get your new year off to a healthier start!