Money matters.. coping with financial stress

When the budget plunges, anxiety arises! Any soothing ideas to cope with the excess worry brought by financial stress, especially at times when you needed money the most.

1: Discipline your mind. Worry does nothing to help dig you out. It's a waste of precious energy. Worry about the bills on payday when you have the means to do something about it... otherwise don't dwell upon them.

2:Keep it real. We all make poor choices sometimes. Sometimes those poor choices will put us in a financial bind.

Acknowledge that a poor choice was a poor choice and try not to keep making the same mistake over and over again.

3: Work smart .... not hard. Hard work is useless if you keep repeating the same mistakes in managing your finances.

Originally Posted by NHscrapman

Definitely smokes and booze.... Definitely

Don't drink, don't smoke, don't chew, so.....Xanax. Doctor prescribed.

Find the wife a job and send her out to work.

Weed is legal in this state. I wouldn't recommend it to anybody but others claim that it helps.

Much as anything ... it's a crutch. You'll be better off if you can learn how to deal with the things that life throws at you without the aid of crutches.

It's likely that you've got bill collectors calling if you've got financial stress. In fact ... they may be the biggest reason why you're feeling stressed. It's their job to motivate you to pay the bill and some are very good at it.

Try not to talk with them any more than you have to.

Talk is cheap ... action is precious !

Originally Posted by Patriot76

write it down.

I actually meant to type that! I agree 100%

try to live a simple life- stop looking at what others have & stop basing your socalled necessities on the standard of living they enjoy.

we all know that theres hundreds of millions of people in the world today who are earning far less than us & live a much lower standard of life but many of these people are content.
so look at what God has blessed u with already and still go out there & do your best but dont kill yourself chasing the dream.

i see so many wealthy guys who worked so hard to amass their fortune & then because of neglecting their health, all that money is spent on hospitals & medical care.

the harder you work is NO guarantee that you will make MORE money- u will only get what is destined for you.

it sounds nice when motivational speakers say u must make your own destiny etc but i believe that destiny is in Gods hands alone- we can only put in our fair share & pray for the best.

Originally Posted by msmoorad

t i believe that destiny is in Gods hands alone

I typically don't talk religion or politics on a forum like this but I can't help respond to this...

Based off of bible teachings, he created us as free moral agents with free will. No destiny. You reap what you sew. (Galatians 6:7) Things good and bad just happen. (Ecclesiastes 9:11) He doesn't "take" people (death) or cause them to be poor or rich.

Thanks for all that you shared. Medications can aid in anxiety but be sure they are prescribed to not add to the problem Doing counseling can also help one focus on the positive things (work, things you have, family that loves you, and friends that support) and not on the bills to pay. This can help you be inspired to work smart and earn the money you need to pay the bills.

Don't know if it's still regarded as good or not but I recall when I was working at a book store....Rich Dad, Poor Dad..I think it was. It was rather popular. Whenever a new version came out it sold out. Anyhow...here's some info on it.
https://en.wikipedia.org/wiki/Rich_Dad_Poor_Dad

Good luck.

All else fails...get a cooler. It'll comfort you in your time of need an not judge you. Like a bartender...that doesn't get you drinks, or give you advice, or...yea..so not really like a bartender, but at lest it won't tell you how to live your life!

Screw it. Get a goat. Goats will help you take your mind off your troubles. Plus...you can feed them the over due bills! BONUS!

Hey, look at how happy this goat is after taking my medical advice..


Sirscrapalot - I've decided to forego a quote and give you all this..Your welcome.

Difficult financial times require drastic measures. I see too many people get behind on their credit card, mortgage, vehicle, etc. payments.

1. Cut unnecessary expenses. Cable, Dish or other non essential TV. Get a library card and checkout DVD's at the library.
2. Reduce unnecessary travel. Write down your travel plans. Get groceries, run errands and other trips altogether. This should help save on fuel costs.
3. Shop for sales for groceries. Simpler meals cost less. Avoid eating out. That will reduce expenses. Taking a sandwich or two will reduce your craving, so you do not end up eating out.
4. Look for extra work. I have always done janitorial work when I was underemployed or needed more cash. Hard work but readily available.
5. Explain to everyone in your household what is going on and urge them to save money. Turning off light switches and taking shorter showers saves on the utility bill.
6. Avoid using credit cards. Especially if you cannot pay them off every month. Credit card interest is going to cost you. Paying with cash allows you to see where your cash is going.
7. Avoid snacks, sodas, etc. This will save you cash, when you avoid the convenience stores. Buy oranges, apples, bananas, etc. for snacks.

Good luck in your endeavors!

Google Dave Ramsey


Cut any unnecessary expenses
Save up until you have a $1000 emergency fund and don't touch it unless it's an emergency
Pay off everything starting with your smallest debt first and work your way up to whatever you owe most
Once you have everything but the big ticket items (house, student loans, car etc) start growing your emergency fund to 3-6 months expenses
Then start throwing everything you have at the house student loan car etc.
Then finally...stay out of debt forever and never buy a **** thing on credit again for the rest of your life.