HOW TO MANAGE FINANCIAL STRESS AND ANXIETY

I’ve had different stories and also watched different video clips on how people end their lives out of depression because they lack finances to afford basic needs. Then I ask myself, what level of depression could make someone take his/her life? Aren’t all the things they seek to get vanity upon vanity?

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Just then I had a climb of depression last week, and that made me understand better how it could cause someone to lose it if not put under control. Therefore, in this little piece I will be sharing my experience and some key practices that helped reduce my depression to the barest minimum.

So, let me start by sharing the experience that brought about my depression; What happened was that I actually needed a dedicated laptop to start online classes. And I needed it so quickly because I feel any form of delay might make the burning desire and passion in me die down, so I had to borrow money to get the laptop. After buying the laptop I discovered that the output sound I got from a sample video I made was bad. For that reason, I needed to get some broadcasting equipment (V8 sound card, Microphone, Headphone etc). whereas I had it in mind to get a 5G Mifi probably ending of the month.

When I sat down to calculate, I observed that the money I needed to put all these things in place weigh more than what I’m expecting at the end of the month, also I need to pay off part of the loan I collected. That got me worried and depressed because the burning desire in me to execute this project is too high and the fact that I don’t have the financial capacity to carry it out really weigh me down. So, when I realized how depressed I was I decided to talk to a financial expert who made me understand some basic facts about finance and how finance can be properly managed to avoid financial stress and anxiety. Some of the financial tips that helped me which I noted down at the cause of our discussion are;

i. Manage Your Finances Wisely: He lay emphases on the fact that I must create a budget and ensure that my expenses do not exceed my income. He clearly states that I must cut off some unnecessary expenses and also make sure I don’t take unnecessary loans (in my mind the deed has been done, lol).

ii. Seek For Financial Advice: He made me understand that the best way to ease depression is to talk to someone about your problem. I can testify to this. I felt a great relieve after talking to for few minutes.

iii. Build a Positive Mindset of Gratitude: He made me understand that many people out there are wishing to have what I had, so I must be thankful for the little I have as I pray and hope and also work harder and smarter to ensure things gets better tomorrow.

iv. Set Realistic Goals and Seek For Financial Support and Assistance: Instead of trying to do it all by yourself, you can as well seek for financial assistance from friends, family or even seek to get funds from government or community aid programs that can support you with funds to start.

In conclusion, honestly the above tips helped me alot and I hope it be of help to you too. I would also like to say that lack of finance can cause a serious depression and we must device techniques and skills to manage and control the situation because that will help our physical and mental health that would make us function more effectively and be productive.

Thanks for reading through my post and I hope it worth your time.

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