Many people are currently feeling financial anxiety, brought on by the tens of thousands of federal workers cut from their jobs, the possibility of a recession and other recent developments in the headlines. Some people may experience financial setbacks as a disaster that can trigger intense stress, which can then spiral into serious health problems, like depression, substance abuse, high blood pressure and heart problems. Research shows that how you approach financial stress can be key to protecting your health.
💰 Acknowledging and processing the grief of a job loss is an important step toward moving on and embracing your new financial reality.
💰 Find new ways to utilize your skills with side hustles or volunteering. It can provide purpose and a path forward, and allow you to reinvent yourself.
💰 Give yourself permission not to worry about the future and focus on the immediate present. Carve out a discrete period, like one or three months, to set goals around financial savings and the number of jobs you plan to apply for. |