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Financial challenges have a wide-reaching impact on your life. When money or debt problems become an issue, they tend to take over. You can’t focus at work, you may have arguments at home and it can even start to affect your health. But letting fear take over isn’t going to help you move forward. So, you need to take the steps to minimize the impact of financial stress.
The first step is the bite the bullet and take stock of where you are. This is often the scariest part, because you have to face reality and your financial fears. Once you know where you are, you can take the right steps to get where you need to be.
As you evaluate your situation and start looking for solutions, experiencing some level of stress is natural. But if you have physical or mental symptoms of extreme stress, see you doctor. These include high blood pressure, panic attacks, insomnia and depression. Keeping a regular schedule, maintaining a healthy diet, and exercising all help you minimize the physical and mental effects of financial stress.
Be honest with your entire family about what’s going on. You don’t have to scare your kids, but letting them know that money is tight will help them understand why your stress level is high. And take time to relax, enjoy yourself and have fun with your family. Focusing on the…
