How to minimize financial stress and anxiety during the Covic19 pandemic

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If you are struggling financially, here are 3 steps to take now.

1. Accept the current state of affairs

A lot of anxiety stems from not knowing what will happen with regard to the coronavirus, or how long things will be different. The first step to overcoming that anxiety is accepting that your life is going to be different for a while and focusing on tasks you can control. 

Put more attention on your strengths and abilities and imagine yourself coping and adapting, “If you have been through financial reversals in the past, and most of us have been through those at some point in our lives, identify what got you through them.”

2. Know your emotional triggers

Pinpoint what your emotional triggers are and how you react to them. Maybe you’re a stress shopper or perhaps you’re considering selling some investments. Whatever it is, don’t let your emotions take over.

It’s easy to get sucked into Bhatbhateni or Salesberry while home in quarantine, but you don’t need to spend. This also applies to overbuying supplies. You may reduce your financial means by overbuying.

It’s okay to distance yourself from upsetting news, as long as you’re staying informed. Pick one channel you trust and don’t inundate yourself with it.

3. Prioritize mental health care

It doesn’t have to be that I’m going to yoga, it’s about how do I listen to myself and my body? Work out, sleep right, limit alcohol and caffeine and setup FaceTime calls or Google Hangouts with your friends and family.

Remember, You can mitigate anxiety by doing the right thing and staying safe.