Stressing about money impacts many people especially parents. You’re worried about paying bills, child expenses, and life in general. Can we afford braces for Suzie? Tuition For Michele? What about the light bill? Gas bill?
A 2015 Survey by the American Psychological Association found that 64 percent of Americans between the age of 18 to 49 were stressed about money, and not surprisingly many those were parents.
Stress can cause
- Loss of sleep
- Stress on your marriage
- It can affect your career
- Your kids
And while you might not solve all your money problems and you ease the stress of them. Here are a few ways to stop stressing about money.
Take a look at your finances
What’s causing you to stress? Do you need to lower your bills? Is your debt worrying you?
It’s stressful don’t let it affect your health. The good news is there is always ways to lower your expenses, make extra money, and as much as I hate to say it that debt isn’t going anywhere.
Yes, you need to make a plan (even one that’s hard) to pay off that debt killing yourself isn’t going to help, so relax a little.
If you don’t know what the problem is, you can’t fix it.
Related: 10 Habits To Become Debt Free
Talk to your Spouse
Money issues more than likely aren’t just affecting you. Talking to your spouse about your issues could not only help your stress levels but also theirs. Marriage is already hard but not talking about and being on the same page with money problems can make it even worse
Share your thoughts and feelings with each other. Once you have done that you can make a plan together because while you might be the one that takes care of the finances both of you should know what’s going on. I suggest sitting down and going over your monthly budget monthly. You know that saying two heads are better than one? It’s true. Maybe your spouse will come up with a way to save money that you hadn’t thought about.
Related: 4 Money Mistakes Newly-Weds Make
Money isn’t going to make you happy.
Yes, when you have money you have fewer worries but as my grandmother used to say money doesn’t solve all problems. The truth is if you’re not worrying about money you will start to worry about something else which isn’t good for you, so the best thing to do is find ways to relax.
Life isn’t about Money
Don’t work yourself to death to live. If you’re working to get ahead or pay debt that’s one thing, but don’t live to work. What I mean by that is working shouldn’t be your life. It should be a tool to help you live a happier life. If you’re working 70+ hours a week and killing yourself just to pay the bills’ something wrong.
Ok, I know enjoying life when your broke sounds about impossible, but let me tell you something it’s not. I’ve never told the story of me growing up but we were poor. When I say poor I mean some days we didn’t know what we were having for dinner poor. We were happy though. I don’t remember the bad times what I do remember is the stories my grandma used to tell, or shelling peas watching soaps we got through our bunny ears.
Take some time and enjoy life. It doesn’t have to cost much. Take your kids to the park, go for a hike, or even to the lake. All of which are free and your kids will love. Your kids are only going to be young once don’t waste their childhood worrying about money.
Ask for help
Sometimes you just need some help to figure out which steps to take next financially. Speak to your bank and ask if they give financial advice and if not call you local library and ask if they have any resources.
Stress over money can affect your life in many ways, but don’t let it dictate your life. Money is a tool and it should be considered such.