Reducing Financial Stress

​Financial strain has become a major issue for many people during the pandemic, with job losses and rising prices creating problems that don’t have many easy answers.

While it’s undoubtedly a stressful time, there are a few things you can do to improve your situation. Take a deep breath and think about an action plan; how can you change things for the better, even in a minimal way? If your stress is creating physical issues--such as a lack of sleep--there are some simple things you can do to feel better. You can also take a look at various online resources when you’re ready to create a budget, wipe out some debt, and be proactive where your finances are concerned. Read on for a few easy ideas on how to relieve financial stress during the pandemic.
 
Look for a new job
It can be daunting to think about looking for a new job during times like these, but it’s important not to sell yourself short. Many people have recently discovered that the pandemic revealed shortcomings in their jobs that otherwise would have been ignored; if you’re unhappy, there’s no time like the present to look for a higher-paying career or even just a side gig that will help you earn extra money until you can leave your current job.

Consider working with a freelance resume writer who can punch up your work history and help you stand out in an interview. There are several job boards online where you can look for freelancers, read their client reviews, and take a look at their pricing options and delivery times.
 
Set some goals
Whether you choose to go after a new job or not, it’s important to set some realistic goals for yourself in the coming months. Sometimes doing so can help relieve stress because you’re setting the basis for a plan into motion, which gives you peace of mind. You might decide to take some online courses or go back to school full-time in order to change careers, or your goal might be as simple as making meals at home every night in order to save money. Whatever you plan to do, put it in writing and create some actionable steps that will help you get there. For instance, if you want to cook every meal, give yourself the tools to do so easily by preparing a grocery list ahead of time and looking up healthy recipes online. This will help you follow through with your goals and maintain them.
 
Keep self-care a priority
When you’re making changes and setting goals, it’s essential to make self-care a priority so you don’t become overwhelmed. Taking steps to get better rest is a good idea, especially if stress and anxiety keep you from sleeping well. Make a few changes to your sleep environment and put away digital devices at night so your mind can unwind; consider changing your diet to be more conducive to sleep, as well. Give yourself permission to ignore technology and do something you enjoy, such as a hobby or an outdoor activity with the family. The more you look after your mental health, the easier it will be for you to cope with stress when it does occur.
 
Look for relief
Sometimes, no matter how well you plan, financial strain pops up anyway. The good news is, there are several options for debt relief, including personal loans, grants, payment plans, and government funding. Look online for tools that will help you get on top of your debt and manage it in the months to come.
 
Financial stress is some of the toughest to overcome, but it’s not impossible. Create a plan that works for your personal needs and utilize tech--such as a budget app--to help you stay on top of things throughout the year.
 
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