Stress is linked to physical, mental, and emotional health. During Stress Awareness Month, take the time to learn about what triggers stress – especially in your life context – and how to manage it.
There are many stresses experienced in our lives. One of the more common is financial stress. Not many of us escape this A-lister!
Your health and relationships can be severely affected by financial stress. Signs pointing to this type of stress can be: arguing with loved one’s about money, mood swings, anger, difficulty sleeping, tiredness, loss of appetite, low sex drive, muscle pain and withdrawal from others. Whilst these symptoms are quite common and normal, be conscious of avoiding the risks of depression and anxiety!
It’s imperative not to bottle it all up and try dealing with it alone. (Worst-case scenarios often lead to people relying on coping mechanisms, such as drugs and/or alcohol, which can digress to more desperate measures such as self-harm or suicide). This is why managing stress is vital.
It may be of little comfort, but people from all walks of life experience problems relating to money.
To help you work out which financial issues to tackle first, write them down, and list them in order of priority.
Be honest with your family – explain the situation and how the household budget will be affected.
Draw up a budget – how much money is coming in? How much money is going out?”
Prioritise and plan your finances – save during the “fat” years so you don’t have to stress over the “lean” years, thus ensuring you have something to fall back on if difficult times present themselves.
Talk to us – Our vision of “Evolving cover. For life” means we are always available to discuss your financial stresses, and assist you on adjusting your policies, premiums, etc. Let’s change stress to happiness.
