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Money problems? 7 ways to reduce your money-related stress

Money Problems? 7 Ways To Reduce Your Money-Related Stress

Worrying about money is one of the biggest sources of stress for a lot of people, especially at this post-Christmas time of year. But there are several ways you can start to reduce money-related stress in your life:

  • Get educated about personal finance & your own financial situation by calling your friendly credit union
  • Build up an emergency fund
  • Start paying off your debt
  • Consolidate or reduce bills where you can
  • Create a new account just for bills
  • Think about putting some extra away in your superannuation
  • Ignore daily stock market updates - investing is for the long-term (especially for superannuation)

How do you handle your money-related stress?

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Comments (3)

  1. Lee:
    Jul 13, 2013 at 01:23 AM

    It's true Russel, worrying about money is the number one cause of our headache today. We need to be careful on how we spend it, it's not easy to earn money.

  2. Lee:
    Jul 08, 2013 at 04:29 AM

    Money problem is not an easy problem that can be solved overnight, so it should be avoided. It is important to live your life below your means.

    1. Russell Allert:
      Jul 08, 2013 at 12:31 PM

      Very true, Lee. Long-term thinking is definitely needed. :) ^Russ

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