How To Reduce Financial Stress

22 Jan

How To Reduce Financial Stress

Are you having a financial problem?

It makes you anxious, doesn’t it?

Even worse is when this anxiety goes out of your control and turns into stress.

You already know the serious impact of stress.

It’s time to get rid of it.

1- Control your expenses

Spend time to write down all your monthly spending. Compare to your current income. If you find a negative imbalance, you had better downsize your outcome.

Understand the difference between “want” and “need”. Stop having dinner out at fancy restaurants, buying designed clothings and  entertaining at movie theaters,…

Inmagine, you, stay at your little cozy home, cook for yourself, enjoy your meal and later, lie on the couch watching movie. See? Convenient. Inexpensive. Relaxing. And trust me, without designed clothings, you still look beautiful in your normal outfit the next day at work.

2- Make more money

To gain the balance of income and outcome, you may find ways to make more money, too. Work on some projects as a freelancer beside your full-time job, deliver pizza at the weekends or trade your knowledge to some appropriate demands,..

Do anything in your ability to earn more and reduce your financial burden. Just make sure that you are not overloaded. Gaining some more money but losing much more health isn’t wise any at all.

3- Turn payday into savings day

Set up an automatic monthly transfer into your savings account. That’s how your money go to the right place.

You should always have a reservation for any emergency that could happen. For you and your beloved family. Having a savings account helps you feel more secure. And, automatic transfer helps you remember that priority when you are in the mood of feeling rich.

4- Look around for better rates on insurance

If you are a person with healthy life style, you are giving yourself a mercy. You not only will live a long life but also earn some better rates on insurance. Prove that you are non-smoker, experienced driver and claim-free history, you will certainly get preferential treatment from insurance agencies.

5- Use external help

It’s easy to understand that you are not experienced enough to handle all the pressure. There are several professional sources that can help you.

Read financial books. Use financial consulting services. Go to workshops on personal finance. Listen to advices from friends or family members who are responsible with their own finances. Don’t force yourself too much while you can ask for help from the others.

 

Life goes on. It’s not worth spending time worrying about your finance. Be active in solving the problems. Financial stress will no longer affect you.

 

Write a Reply or Comment

REGULATION:

AMB Prime Ltd (ex. Valutrades CYLtd) is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13 and holds a cross border license, authorizing the company to provide Investment and Ancillary Services to all European Union member states and to 75 third countries.

The Cyprus Securities and Exchange Commission (CySEC) is the supervisory and regulatory authority for Investment Services firms in Cyprus and is a member of the Committee of the European Securities Regulators (CESR). To obtain further information on the regulatory, supervisory and disciplinary functions of the Cyprus Securities and Exchange Commission (CySEC ) you can visit their website: http://www.cysec.gov.cy

AMB Prime Ltd is governed by all applicable EU and local regulations, including the European Markets in Financial Instruments Directive (MiFID) and the Cyprus Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007).

Premium Liquidity Solutions

   38 Spyrou Kyprianou street, CCS Builting office no.101, Limassol 4154 Cyprus

    +357   25024000

    info@ambprime.com

   www.ambprime.com