Finances getting on top of you?

By Sally Evans

Financial difficulties can be incredibly stressful and overwhelming, and it's easy to feel like everything is out of our control. However, focusing on what's within our control can help us navigate difficult financial situations and reduce stress.

Here are some strategies for focusing on what's in your control when facing financial difficulties:

Create a budget: Creating a budget can help you gain a better understanding of your finances and identify areas where you can cut back on expenses. Focus on creating a realistic budget that prioritizes essential expenses, such as housing, utilities, and food.

Increase your income: While it's not always possible, finding ways to increase your income can help you feel more in control of your financial situation. Consider taking on a part-time job, freelancing, or selling items you no longer need.

Communicate with creditors: If you're struggling to make payments on debts or bills, reach out to your creditors to see if you can negotiate a payment plan or find other options. Being proactive and communicating with creditors can help you feel more in control of your financial situation.

Practice self-care: Taking care of your physical and mental health can help you feel more resilient and better able to cope with financial difficulties. This can include getting enough sleep, exercising, and practicing relaxation techniques like meditation or yoga.

Seek support: Seeking support from friends, family, or a financial advisor can help you feel less alone and more in control. Consider joining a support group or seeking out financial advice services in your community.

Remember that it's important to focus on what's within your control and to be patient with yourself.

Financial difficulties can take time to overcome, but with the right tools and support, it's possible to improve your financial situation and reduce stress. By focusing on what you can control, you can take steps to improve your financial well-being and feel more in control of your life. Please reach out for the support you need today. 

Sally is Founder of LifeBuddy, an Organisational Psychologist and Certified Principal Business Psychologist