Financial Stress

@ Hope. Personally what I have found most helpful to calm financial anxiety is, to stop giving it focused attention, stop overthinking on a loop, ( it is difficult initially but starts working with consistent practise by becoming more self aware ) and what works best is through and while meditation visualise the kind of life I want to create and actually think, and live as if that particular thing has already happened.

This practise has helped me a lot, as it helps in coming out of the lack mindset and helps one realise everything starts and ends with our thought patterns.

Hope this is useful.

Rup

@Heather225

Answering your questions below:

How has the pandemic impacted your life?

Upto a great extent.

How do you calm financial stress anxiety?

It was hard. But, the hope that things will get better and the agility to adapt gave me relief.

What steps to take to reclaim your financial independence?

I found myself an alternate and flexible job. Part time.

Started an online service based business.

The agenda was to have some cashflow coming in to pay bills and stay out of debt. Then, the business for more wealth & future resources.

Tips for budgeting?

Always saved before spending. Fixed a budget but also kept it flexible. Cut out all unwanted stuff. Invested some money in bettering myself.

The first year of the pandemic, i was in alot of shock, lost ny job, got no idea how to make money. This year i feel so much more in control I think the first thing is not to compare your financial situation with others, second thing is to give yourself compassion for the current financial stress, instead of blaming yourself. Next thing is to ask for helps and seek opportunities from different places and people. You might be surprised by how a opportunity is right in front of you. For budgeting, i use an app call Money, it can be linked to online banks so you can easily control all your different wallets

1. The pandemic pretty much ruined my career. I had to close my business for months and when I finally started, it was like restarting from scratch but with no funds and infact deep in debt. I had plans of starting a new business but my loan was rejected so that alternative was also not an option. I tried searching for a job, still am, but I don't have a strong resume and I have a very specific skillset, so I'm not really able to land one. I thought of taking some courses but everything costs money, that I don't have. 2. So how do I calm myself? The only thing I know is luckily I can manage basic food and amenities at present, and I think that is enough. I try to focus on today, on now. It's all wrong, because I should be planning for the future, but if I don't calm down Today, the tomorrow will never come. This line of thought helps me keep my focus. And also knowing that everyone is not the same. I have what I have, and I guess that is okay. 3. I'm still working on the steps. One step at a time. 4. Upcycling and reusing almost everything at home. Clothes, shoes, etc. And repairing things as much as possible. Also, finding low cost or free options for whatever is possible. This way I can save on things which are extremely necessary like medicines or bills.