Most people are financially worried in some way or another. We seldom realize its presence, but it is there, evident ruling like a boss in our subconscious mind. Chronic financial stress can make our life miserable. Financial stress doesn’t get equal status as emotional or physical or mental stress does (point here is not demanding an equal status though!)
In the list of stress like anxiety, nervousness, blood pressure, high stress level, depression, body aches that prevail today, “financial stress” comes up like an annoying spam email but, with grave after-effects.
TOP FINANCIAL STRESS:
*Money for food, clothes and living
*Car purchase
*Dream House
*Good Education
*Low family Income
*Bad Investments
*Business gone bad
Debt stress
Debts are both good and bad. It requires a degree of self control and financial knowledge to avoid getting caught in the debt cycle. Worst case scenario: cycle can last a lifetime. Little time it takes for debt to turn into a big gorilla on your back, virtually blocking all other financial areas of life-home rent, a home, and a job and keeping up a job and lastly, a retirement plan.
Financial planning is really important. Even if you’re a student, it’s crucial to prepare for the future; taking a longer term view of financial market. Day to day budgeting is easier to manage at this stage, but concepts like health care, insurance, investments, share-holding, building home will become a reality for you one day. It’s better to get a hold of these concepts and prepare yourself realistically and intelligently for the future. Consider the actions which can assist in reduction of financial stress of tomorrow. Our personal finance figure should be invested in a customized manner which ensures the inflow and keeps the flow in our bank account forever no matter.
Stress can prove to be a positive thing, IF taken in a good spirit, GIVEN it serves to motivate us to take corrective actions!
19 Comments. Leave new
Very nicely presented!
Very Well Written 😀
Agreed witht he last point 😀
If we take stress in a good way 😀
well written
Interesting article 😀
Yes stress can be major couse of failure if as explained 😀 . not taken in a good way 😀
GOod work 😀
Nice work!!
Very true!
so true..nice article
A very helpful article
Well explained
Very true
True! Financial problems are a part of everyone’s life. We just need to stay calm and let this stress be our motivation! Well explained. 🙂
very true and well explained Shubhral 🙂
Very well written! True, stress is good to keep us motivated but bad if taken in a negative way.
well presented
Very true well written
worth reading
Nice
#turestory
Great work!