How do you deal with financial stress?

[oktana]

I think you needed to breathe and calm your nerves for a while. I think I understand how you felt at the time and I can say that there was a point when I could relate. And from experience I believe that this overwhelmingness comes from when you have too many things going on at the same time.

If you see that your Economics degree isn’t in high demand for remote work then consider relocating to the countries where it is needed. Moving out wouldn’t be any easy, but in the end it will definitely be worth all of the stress. The world economy was really affected by COVID, so just know that you aren’t the only one who is facing these challenges.

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[ichsan ardi]

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?

Don’t overthink! I experienced same stress before during pandemic since my job becomes temporarily close while I have a lot of fixed bills on monthly basis that need to be paid especially insurance.

I focus on my current resources and try sellings goods on social media which helps me a lot to get extra income. I live near the manufacturing area of goods which I resell it on lower price compared to retail. I will not overcome this stress if I will just overthink about the problem and stop finding solutions. Check what resources you have and capitalize on that to get extra profit that will cover your expenses.

I did the same thing as you selling online when my job or my office was closed. I had bills to pay every month even though I had no income at that time. The more I thought, the more stressed I became, so sometimes I didn't think too much about things. This is because we have to accept that when we are not well, I did what I could do, such as buying and selling online and in the end everything was fine until my financial condition improved over time.

[pinggoki]

While reading the op, I felt like OP mirrored my life and decided to talk about it, Unfortunately, it is not just me, or the OP, financial stress is something a lot of people all around the world are currently going through, sometimes, i feel the world is gradually collapsing in our very eyes.

Definitely everyone of us feels that but to a varying degree and I believe that each individual is almost unique when it comes to dealing with it, for me with that kind of stress I usually feel uneasy at times and I almost always feel the same too combine that with all the negative news around the world with all these wars, the collapsing in our very eyes is accurate as it can be, but I don't really let that feeling linger for long though, I tell myself that if I want to help even just a little dealing with it, I need to move and do something worthwhile.

Nigeria is my country, and i have never seen my country in such a very bad shape as it currently is economically, everything is on the up side, schools fees, water bills, electricity bills, cooking gas, petrol, etc, every thing is raising in their prices as each day breaks.

But fortunate enough, just as the op said, this forum and bitcoin have been really helpful in terms of providing us an alternative source of income, but most of the time, i just cant help but think how those outside this forum, and without jobs are managing to cope with this current economic and financial crises the whole world is facing.

It's the same with my country too and the worst part is that the people have elected an official that doesn't care about them or any of them and doesn't even know how to spend the money of the people besides lining their pockets, even the Vice president's family got a stranglehold on one of the municipalities employing ghost employees and people are so blind about the things that they're doing, they still don't want to fight back even when they're stealing the money right on their faces. Regarding the help of this forum, for me it didn't help for now because I'm still hodling on to my bitcoin hoping that it will give me a big profit in the near future but I guess I could say that it helped me not to worry too much about finances because I know that I'll be safe in the case that I need something for an emergency.

[bbigtart]

Don’t overthink! I experienced same stress before during pandemic since my job becomes temporarily close while I have a lot of fixed bills on monthly basis that need to be paid especially insurance.

I focus on my current resources and try sellings goods on social media which helps me a lot to get extra income. I live near the manufacturing area of goods which I resell it on lower price compared to retail. I will not overcome this stress if I will just overthink about the problem and stop finding solutions. Check what resources you have and capitalize on that to get extra profit that will cover your expenses.

I did the same thing as you selling online when my job or my office was closed. I had bills to pay every month even though I had no income at that time. The more I thought, the more stressed I became, so sometimes I didn't think too much about things. This is because we have to accept that when we are not well, I did what I could do, such as buying and selling online and in the end everything was fine until my financial condition improved over time.

During the pandemic, this is one of the reasons why many people have problems that make their financial pressure even worse. Even many people who have businesses felt financially fine before the pandemic. But post-pandemic, money continues to be a pressure that makes them stressed. We have a lot to learn from this pandemic, even though financial pressure has now returned to normal, we must not neglect to use the pandemic several years ago as a lesson so that we are better prepared to face the same situation, perhaps not another pandemic disaster, but a global economic crisis.

what you did was right. While you have the opportunity, make the best use of your time to continue looking for additional income. Apart from that, managing your finances well, and having a money post will teach you how to be aware of all your financial decisions. Stop for a moment to celebrate something that is not important, use money for investment because this is one way to overcome financial stress in the future.

[YUriy1991]

During the pandemic, this is one of the reasons why many people have problems that make their financial pressure even worse. Even many people who have businesses felt financially fine before the pandemic. But post-pandemic, money continues to be a pressure that makes them stressed. We have a lot to learn from this pandemic, even though financial pressure has now returned to normal, we must not neglect to use the pandemic several years ago as a lesson so that we are better prepared to face the same situation, perhaps not another pandemic disaster, but a global economic crisis.

I think that time has passed and what we most need to anticipate now is inflationary turmoil where income no longer matches the goods we spend and prices increase over time. Apart from that, what adds to the burden on our minds is that if we invest, say in crypto, the wrong choice of coins that are not fundamental will have a big impact on psychology and financial governance in general.

[junder]

Don’t overthink! I experienced same stress before during pandemic since my job becomes temporarily close while I have a lot of fixed bills on monthly basis that need to be paid especially insurance.

I focus on my current resources and try sellings goods on social media which helps me a lot to get extra income. I live near the manufacturing area of goods which I resell it on lower price compared to retail. I will not overcome this stress if I will just overthink about the problem and stop finding solutions. Check what resources you have and capitalize on that to get extra profit that will cover your expenses.

I did the same thing as you selling online when my job or my office was closed. I had bills to pay every month even though I had no income at that time. The more I thought, the more stressed I became, so sometimes I didn't think too much about things. This is because we have to accept that when we are not well, I did what I could do, such as buying and selling online and in the end everything was fine until my financial condition improved over time.

Therefore, I suggest you have a side job, like me. I work in a coffee shop, that is my main job, and I have a side job where before or after coming home from the coffee shop or my main job, I take myself to learn the features or aspects involved with photo editing, video taking, and photography. , because it is my side job. At first I studied multimedia majoring. Therefore, I occasionally use my skills on things related to photographers.

Having a side job can be done, as long as we are the ones who can balance our time, think about how to ensure that two jobs don't clash until finally I find the right time. So I suggest you have a side job to be your own leg so you don't fall when your other leg breaks.
with what you are doing is selling online, just try to deepen it, maybe it can develop, so well that you can have your own shop or warehouse. As long as you have good discipline and self-confidence and so on, I'm sure all these things can develop, don't be afraid to fail because failure is a lesson for us.

[ivankoh]

It's hard to endure the pressure of a financial crisis. I have a wife and children, I have a stable job but there is pressure on revenue and sales according to labor productivity. My wife has a job in the medical field but was unlucky when she had an accident and broke her leg in early 2023. I had to endure great pressure, I lost a lot of weight, I became easily stressed and irritable. harshness - perhaps it is psychological and a symptom of severe stress. The family shares but time is limited due to work and distance. I also receive some financial support from relatives. I feel like my life is at a standstill, most of my living expenses are in deficit, I set aside a reserve fund to invest in crypto before, at least withdraw a little to continue taking care of my family. . I consider crypto as a corresponding source of income. Luckily, everything passed and things gradually returned to normal. Many people have difficulty in covid-19, but I think that in life, many unexpected events can happen, try to manage and make efforts to overcome them.

[moneystery]

....

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?

i understand how it feels to be in a difficult position like that, where it is quite difficult to be able to find work and earn money to cover your daily needs. personally, i am grateful that i still have a family who can help me when i am in a difficult position. they wanted to lend me money and give me food when i couldn't find a job. and this makes me more optimistic and less stressed when facing financial problems.

it's true that not everyone has a supportive family like i have, but if you have a good family like that, it's good if you go home to them and ask for help, maybe they can help you in your difficult position.

[killerfrost]

Everything haven't been easy. COVID, economic instability, and climate change are significant forces impacting lives globally. It's natural to feel anxious and stressed in such times. Accepting these challenges as real, without minimizing them, is the first step towards navigating them.

While optimism is crucial, blind positivity can feel disingenuous during difficult times. Instead, consider cultivating a more nuanced perspective. Acknowledge the hardships while recognizing your own strengths and the potential for positive change. You've served your country, adapted to new situations, and are actively seeking solutions. These are remarkable strengths to build upon.

Feeling stuck financially is understandable. While cryptocurrency and side gigs might be working for you now, consider exploring other options cautiously. Researching job openings, upskilling, or seeking financial counseling might open up new possibilities. Remember, navigating your path doesn't have to be a solo journey.

[White pawn]

Dealing with financial street is so difficult and challenging,it affects ones overall well being and quality of life.So in order to deal with financial stress one can create a budget by tracking your income and expenses,this can be a great help, where you can cut down on expenses and save.
Also you can make a list of all the things you intend paying and pay them first.another one is to seek support , how you can spend and manage your finances, lastly.
since financial stress can affect the mental health and physical health,one needs to take care of your health always.

[btc_angela]

Yeah, it's really hard to deal with financial stress and for sure majority has experience this, so for me the way I was able to get back at might feet is,

a. try to re-invent yourself, try new business that you are not familiar but easy to setup, I think this by opening a small store and it really help me a lot during those financial times

b. you can borrow money to start some business

c. Budget, budget and budget. As we have a local saying that you really need to tighten your belt when you have financial issues

And it took me two years to get back again after losing my job and try to bring food in the table for my family and put my child in a good school. So it takes a lot of mental fortitude as well and believed in yourself, just saying.

[DeathAngel]

The best way to deal with financial stress is to take a proactive approach. Start by creating a budget to track your income & expenses. Identify areas where you could cut back & save money. Prioritise your financial goals & develop a plan to achieve them. You could get professional advice from a financial planner or counsellor. Manage stress through exercise, meditation or other relaxation techniques. Try to maintain a positive mindset & focus on the actions you can take to improve your financial situation.

[legendbtc]

The best way to deal with financial stress is to take a proactive approach. Start by creating a budget to track your income & expenses. Identify areas where you could cut back & save money. Prioritise your financial goals & develop a plan to achieve them. You could get professional advice from a financial planner or counsellor. Manage stress through exercise, meditation or other relaxation techniques. Try to maintain a positive mindset & focus on the actions you can take to improve your financial situation.

It can be said that I am in this terrible situation. Even though I made a lot of plans, asked for advice from others... a lot of things, but it seems that overcoming it is not as easy as many people are saying. I believe that those who find themselves in that situation will find that overcoming it is actually more difficult than many people imagine. But I must admit one thing that gives me a positive impact is exercising and participating in sports activities. I feel my stress gradually decreasing since I spent time jogging and playing badminton in the past 2 weeks. I don't know exactly if it's an effect of exercise or not but that's what I feel.