How do you deal with financial stress?

[Balmain]

A global crisis began after Covid 19 and this crisis still continues its effects. After something ends, a new crisis occurs, such as a war or a refugee crisis, while some balances are disrupted and inflation is fueled in the world. Housing and food prices are currently on the rise all over the world, there is too much demand and the supply does not meet the demand. You need to stay away from stress. First of all, it will be healthy for you to stay calm, make a plan for yourself and continue believing in that plan. Everyone is experiencing these financial problems right now, and they are very serious. If you can meet your shelter and food needs, of course you will need time to find a clean method. Just use your time wisely.

[Lorence.xD]

A global crisis began after Covid 19 and this crisis still continues its effects. After something ends, a new crisis occurs, such as a war or a refugee crisis, while some balances are disrupted and inflation is fueled in the world. Housing and food prices are currently on the rise all over the world, there is too much demand and the supply does not meet the demand. You need to stay away from stress. First of all, it will be healthy for you to stay calm, make a plan for yourself and continue believing in that plan. Everyone is experiencing these financial problems right now, and they are very serious. If you can meet your shelter and food needs, of course you will need time to find a clean method. Just use your time wisely.

From those sample of global crisis you've mentioned, I have observed that most people really do panic as they rush into the supermarket buying everything they could store for them to be safe at home. And also I observed that people who doing business took advantage of that situation by increasing the market's price, cause they know if you panic, you buy anything. That's actually stressful for the consumer as they need to buy their essential needs without having a job especially in the pandemic days. I dealt these kind of situation early before people and the market started to change, like the Covid-19 starting from two digits, I already started saving money as well resources.

[mvdheuvel1983]

I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

This is my current situation. Somedays I wake up feeling optimistic other days, I wake up feeling depressed. As I write this now,this is one of those days where I ask myself what am I here for? Why are things so hard? I feel like giving up but what happens after I give up? I have no other option than to keep on moving.

Financially, I am in a terrible position. Barely managing to survive. I have given up on paid employment and I find my comfort in the cryptocurrency, doing some side gigs and living below my means. I have basically have to cut off from friends who always want to hang out because I can't afford it. Whatever it is though someday, everything is going to be okay.

[jaberwock]

Just remember this. When you are stressed, that just means that you are focusing too much on the things you cannot control. So if you want to get back in the right track again out of your adversities, you just simply need to feel that you are in control of you own finances and your own whole life. So take a pause in your life. Remind yourself that you are the only person responsible.

There's two things you can do. Minimize your expenses or maximize your income. Along with that you have to payoff your debts and start saving so that you have something to invest later in your career and life. Anything outside of your control are just distractions.

You are right that self control is most important no matter how much pressure one is under. Taking a step toward financial health is one of the most important steps you can take to eliminate financial stress. In order to overcome financial stress and be prosperous one must first be aware of the current situation. You should identify options by doing due diligence on your current situation and the extent of your assets. Once you understand the meaning of financial stress, understanding your debt is the next step to get out of it. You can pay off your debt faster if you pay off one account at a time and start with your lowest obligations first to avoid paying high costs over time it is best to pay off the loan with the highest interest rate.

It's very important to check and see what you spent the most money on. That doesn't mean that you are not going to end up using it, it just means that you are going to end up with something that would benefit the people a lot more. I hope that it gets to a point where we could make some money with it, but that doesn't mean that we are going to end up with something that will hurt us on the long run.

I know that it is going to end up with something that would make sense, but we should be doing something that would make sense in the end. I hope that it gets to a point where we could make some profit with it, but that doesn't mean that we are going to end up with a good result that would make sense on the long run neither.

[xSkylarx]

A global crisis began after Covid 19 and this crisis still continues its effects. After something ends, a new crisis occurs, such as a war or a refugee crisis, while some balances are disrupted and inflation is fueled in the world. Housing and food prices are currently on the rise all over the world, there is too much demand and the supply does not meet the demand. You need to stay away from stress. First of all, it will be healthy for you to stay calm, make a plan for yourself and continue believing in that plan. Everyone is experiencing these financial problems right now, and they are very serious. If you can meet your shelter and food needs, of course you will need time to find a clean method. Just use your time wisely.

Having a thankful mindset in which you will be thankful for what you have right now can really ease your mind as we know that the time right now is very difficult and everything is stressful which is why having to be calm always is really good because being stressed won't help and you can't think well about how to solve your problem.

All of us have been through financial stress but not all of us tackle it with different methods. While others got stressed but others didn't as they focused on finding a solution which we should also do.

[0t3p0t]

Same here mate stress chased me and here's how it begins...

2017 was the best year for me when it comes to crypto beacuse I made tens of thousands of dollars here on this forum. I bought things I needed like a motorcycle for me and my brother as we are living in a remote area. It is too hard for us to buy basic needs without it. I built a house but was unfortunately run out of funds due to the plummet on the first quarter of 2018 .

There came the pandemic in 2019 and we're caught off guard with it.

A supertyphoon hit us hard that it left us like 6-7 months without electricity and stable data connection. This was the time I am having difficulty on my side hustle like Signature Campagins, NFT games and other online source of income. My phone, laptop and other devices were flooded and was gone dead. Foreign and local aid was not properly distributed due to corruption.

After the supertyphoon I decided to sell my silver coin collection to buy a new phone. Unfortunately, signal and the power source was unstable and when the time things went okay, I lost the chance to earn with my NFT games, the forum and other source of income due to inactivity.

For now, I had nothing but to regain activity for a chance to become aligible again to some earning perks here on this forum. Lucky for me I kept a copy of  some of my accounts in a secured piece of paper with me during the typhoon and placed it on a safe container.

I know that things sometimes will go against us but I always remember that giving up is not an option to become successful one day. Giving up is like killing the idea of survival. As long as we are alive there will always be a chance and hope.

[Fortify]

The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.

I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.

I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

The biggest benefit way to can protect yourself financially is building up a buffer if possible, which people have done for a long time in the form of savings. However in the globalized world you constantly need to be earning, learning about new sources of income, taking advantage of many different sources and diversifying your assets. It's no good holding all of your money in one asset, because when crashes come they can be devastating or they can sometimes help to build great fortune up if you have given yourself a solid cushion to fall back on to in bad times. The bad times, when everything looks darkest economically-speaking, is basically the best time to have cash available to buy cheap as everyone is trying to liquidate.

[Lanatsa]

The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.

I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.

I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

The biggest benefit way to can protect yourself financially is building up a buffer if possible, which people have done for a long time in the form of savings. However in the globalized world you constantly need to be earning, learning about new sources of income, taking advantage of many different sources and diversifying your assets. It's no good holding all of your money in one asset, because when crashes come they can be devastating or they can sometimes help to build great fortune up if you have given yourself a solid cushion to fall back on to in bad times. The bad times, when everything looks darkest economically-speaking, is basically the best time to have cash available to buy cheap as everyone is trying to liquidate.

There should really be divisions or allocations on which it would really be composed of savings/emergency funds and then having that diversification with multiple possible investment and businesses on which it would

really be giving out that kind of opportunity for you to make money which it would really be resulting on having no worries when it comes to financial stress. We do really get only stressed out on the time that we do know that we dont have financial back ups or something that you could really make use of but on the time that you do have that kind of financial freedom then you wont really be experiencing these type or kinds of problems on which if you do really have plans on having that stress free living in terms of finances then you should really be thriving yourself for the best and dont make yourself that sitting idle or having no actions because if you do let yourself that getting that passive income without doing that much then you did reach up the pinnacle of success.

Not all would really be ending up on the same state on which even up to now or being long time dealing but still struggling on achieving such state. This is why making some
hardwork and good decision making analysis towards your investment and other ventures would be always recommendable on doing so.

[kawetsriyanto]

A global crisis began after Covid 19 and this crisis still continues its effects. After something ends, a new crisis occurs, such as a war or a refugee crisis, while some balances are disrupted and inflation is fueled in the world. Housing and food prices are currently on the rise all over the world, there is too much demand and the supply does not meet the demand. You need to stay away from stress. First of all, it will be healthy for you to stay calm, make a plan for yourself and continue believing in that plan. Everyone is experiencing these financial problems right now, and they are very serious. If you can meet your shelter and food needs, of course you will need time to find a clean method. Just use your time wisely.

Agree. Covid19 changed many things, it triggers worse global economy. Many people lost their jobs, many companies got bankruptcy, and most countries experienced crisis on many sectors. It became worse with the war between Russia-Ukraine. The petrol price is increasing significantly, it bring a big impact on the price foods and many other things.

Yep, we must be calm, just try to make a good plan for the future. If we panic, we can focus on making an appropriate plan. In this situation, we must be smart to find out the solution. I think we can be more tight in spending money, and we must get more sources for income. The financial problem will be solved if we have more income and less in spendings.

[serjent05]

A global crisis began after Covid 19 and this crisis still continues its effects. After something ends, a new crisis occurs, such as a war or a refugee crisis, while some balances are disrupted and inflation is fueled in the world. Housing and food prices are currently on the rise all over the world, there is too much demand and the supply does not meet the demand. You need to stay away from stress. First of all, it will be healthy for you to stay calm, make a plan for yourself and continue believing in that plan. Everyone is experiencing these financial problems right now, and they are very serious. If you can meet your shelter and food needs, of course you will need time to find a clean method. Just use your time wisely.

Having a thankful mindset in which you will be thankful for what you have right now can really ease your mind as we know that the time right now is very difficult and everything is stressful which is why having to be calm always is really good because being stressed won't help and you can't think well about how to solve your problem.

This can only help temporarily, in order for the worries to be gone, one must find a solution to the problem, since it is financial problem that produce financial stress, one must look for a new source of fund.  In this way, the new source of funds can help the person nullify the financial worries and so is the financial stress.

All of us have been through financial stress but not all of us tackle it with different methods. While others got stressed but others didn't as they focused on finding a solution which we should also do.

If we act hastily in solving this problem, we might spare ourselves from experiencing financial stress for a long time.

[chaser15]

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

Because there is something you are unable to accomplish yet, that thing keeps you distracted from being optimistic.

Try to fight as much as you can as there is no choice but to fight for it. An anxious person really has a hard time thinking properly because of lots of distractions and problems that they are experiencing in real life. Since you were able to post your problem here, I'm sure you know what to do but just weren't able to execute it properly.

Cheer up! A simple word but should be an encouraging message for an anxious person.

[poodle63]

current economic condition are indeed can be the causes of many people to get stress thinking about their future while their financial seems like a hollow that can crumble anytime.
the only way to overcome this of course is increasing the income try getting more than one job I guess even thought it might sound silly but thats the only way to survive nowadays.
things are getting difficult and difficult, the best course of action is just adapt with it.
because I knew very well, if you aren't solving your financial problem you will always anxious, doesn't mean the world is doomed though, there's always second chance.

[Gallar]

~Snip

I understand what OP feels. Because it cannot be denied, after the outbreak of Covid-19, many people are experiencing difficulties in life, especially in the economic sector. Because even though the Covid-19 outbreak only lasted approximately two years, its impact is still being felt. Therefore, now I have decided to just start an independent business. Because if you hope to work in a company like before Covid-19, I think now it will be difficult. Because in the country where I live, companies used to have and need a lot of employees. Now the scale of the number of employees has greatly reduced. So when I applied for jobs, I thought there was a good chance I wouldn't get hired.

Therefore, I prefer to open a business, even though it is still small, but I am grateful that now I am the boss of my own business. Then regarding the house and residence, fortunately I already have it. So I'm not too confused about this. So the conclusion I can draw from my experience after coming out of the financial pressure caused by Covid 19. The point is that having sufficient savings, and innovation that must continue to be developed will be very important. Because to be honest, I was also very confused when Covid 19 hit, because at that time I was unemployed. And what makes me even more confused is that I already have a family, even though I haven't had any children. But still, having responsibilities during Covid 19 really makes my mind confused.
But fortunately at that time I still had sufficient reserve funds, and I decided to open an independent business.

[Latviand]

A global crisis began after Covid 19 and this crisis still continues its effects. After something ends, a new crisis occurs, such as a war or a refugee crisis, while some balances are disrupted and inflation is fueled in the world. Housing and food prices are currently on the rise all over the world, there is too much demand and the supply does not meet the demand. You need to stay away from stress. First of all, it will be healthy for you to stay calm, make a plan for yourself and continue believing in that plan. Everyone is experiencing these financial problems right now, and they are very serious. If you can meet your shelter and food needs, of course you will need time to find a clean method. Just use your time wisely.

Oh no, there's already a financial and economic crisis looming, the lynchpin was the COVID pandemic which sped up things although I couldn't really back up the claim without any further reading into the economy before the pandemic, I am sure that an economic collapse during the pandemic can't happen as quick as a snap. COVID also unveiled the ugly truth of how countries handle pandemic and how they can stay afloat during the crisis. Only thing that needs to be done right now is for people to start thinking about the community as a whole and see that this financial crisis can't happen if the big corporations and the government aren't colluding to get more for themselves and less for the masses.

Dealing with financial stress for me is not that big of a deal because I am not that materialistic and having a job that pays helps me save money for when things are in dire situations, living in moderation and being content with what you got is really helpful, the peace of mind is worth millions.

[bitzizzix]

current economic condition are indeed can be the causes of many people to get stress thinking about their future while their financial seems like a hollow that can crumble anytime.
the only way to overcome this of course is increasing the income try getting more than one job I guess even thought it might sound silly but thats the only way to survive nowadays.
things are getting difficult and difficult, the best course of action is just adapt with it.
because I knew very well, if you aren't solving your financial problem you will always anxious, doesn't mean the world is doomed though, there's always second chance.

We cannot avoid all of this because this happens to everyone and even countries, and there is no other choice but to have a side job or additional business to help our finances.
And now we have to be smart in handling sites like this, apart from being able to minimize expenses and not buying or spending money for unimportant purposes, we are also required to have additional income.
stress or lamenting the situation and worrying is not a solution and will only make you more difficult or miserable, you should reflect and think about your abilities, and at this time we have to be creative and smart in thinking about and dealing with it. It's not as young as it says, but it has to be like that and independent.

[summonerrk]

current economic condition are indeed can be the causes of many people to get stress thinking about their future while their financial seems like a hollow that can crumble anytime.
the only way to overcome this of course is increasing the income try getting more than one job I guess even thought it might sound silly but thats the only way to survive nowadays.
things are getting difficult and difficult, the best course of action is just adapt with it.
because I knew very well, if you aren't solving your financial problem you will always anxious, doesn't mean the world is doomed though, there's always second chance.

We cannot avoid all of this because this happens to everyone and even countries, and there is no other choice but to have a side job or additional business to help our finances.
And now we have to be smart in handling sites like this, apart from being able to minimize expenses and not buying or spending money for unimportant purposes, we are also required to have additional income.
stress or lamenting the situation and worrying is not a solution and will only make you more difficult or miserable, you should reflect and think about your abilities, and at this time we have to be creative and smart in thinking about and dealing with it. It's not as young as it says, but it has to be like that and independent.

Unfortunately, it's really hard to live without money because we always want more comfort for ourselves, the same things as successful people, more delicious food. And if there is no money, then it plunges us into stress, because of which the mood is bad all the time and all thoughts about where to get money from. Unfortunately, there is no more difficult task in the world than to figure out how to make money, and I am very glad that we are familiar with the world of cryptocurrencies, which is a promising world of freedom and, of course, earning a lot of money, you just need not be lazy to learn new things.

[Kara3]

In such a difficult economy situation, we as individual cant change much on how things play out, so we have to adapt to it by drawing out our scale of preference, in that way we can go for the more valuable things by cutting cost of the less valuable things.

The rat race is really eating us deeply, but we can't let it to break us down because I believe in every difficult financial situation bring out the best economist in us.

[bayu7adi]

After the supertyphoon I decided to sell my silver coin collection to buy a new phone. Unfortunately, signal and the power source was unstable and when the time things went okay, I lost the chance to earn with my NFT games, the forum and other source of income due to inactivity.

How about your primary source of livelihood? Doesn't every region have its own primary occupations to ensure survival? It seems you've been grappling with prolonged electricity issues in your area, and of course, you can't earn income from the internet without power.

I'm confident that everyone in remote areas has some form of income source, perhaps through farming. However, given the challenges you've described, it seems your location is severely underserved by decent public services. I would personally prefer relocating to a better place, even if it means renting a residence.

At the very least, we could have access to well-maintained public facilities and continue to generate a decent income from various sources we can pursue.

[asyakashi]

no need to be too stressed about it. just prepare well. for example if we want to deal with inflation. we just have to really manage our money well. The main thing is that we have to really hold back expenses unless it is really necessary. if we need it according to our prestige. of course economic pressure will continue to haunt us. not to mention the endless inflation we will continue to feel every year.

[dothebeats]

no need to be too stressed about it. just prepare well. for example if we want to deal with inflation. we just have to really manage our money well. The main thing is that we have to really hold back expenses unless it is really necessary. if we need it according to our prestige. of course economic pressure will continue to haunt us. not to mention the endless inflation we will continue to feel every year.

You're right, financial stress will continuously hunt us. In fact even in instances wherein we feel like we are financially okay something will happen and pushes to spend our money and buy the end of it we'll realize just how bad it actually is. During financial stress such as this I usually go with taking a step back and grounding myself on the reality, then I analyze everything with a clearer mind, see where I did wrong and went over my budget then I adjust everything. Economic pressure will always come and unforeseen situations will constantly come hence we need to prepared every single time, no matter how severe it gets -- prepared to take care of it and prepare to get back up from it.