Worrying about money is a challenge for most people. Some have small businesses hitting a slow period, some have crippling debts, and for some it’s just that their bank account is not where they want it to be.
Worrying about money, especially when the anxiety becomes chronic, has strained relationships, caused health problems, and ruined businesses.
So how does one overcome worrying about money? And what is the best course to tackle this challenge?
Is your worry about money based on the myth that money is scarce and hard to find? Develop a mindset based on abundance and gratitude. Let go of the mindset that your ‘village people’ are after you and expand your belief of what is possible for yourself, because until you truly believe you can have what you desire, it is impossible to attract it. There is an abundance money out there. Give thanks for the unknown financial blessings already on their way.
Comparison does steal joy. Situations might look similar, but people are different. It is natural to compare yourself to other. Everyone does it all the time with our appearance as well as our symbols of status but it’s important to note that with money, no one is in the same situation. Comparison leads nowhere. You don’t know the other persons story. They may just appear to have it all, when in reality they may be in crippling debt.
Worrying about money can be crippling to the extent you make no moves or new plans so you must make sure you never get to that stage. Take a hard look at your daily schedule and where you spend most of your time. Are you investing most of your time in revenue-generating activities? And, are you using a few simple and repeatable actions that bring in the most money consistently? Also, read new books on money management where you can learn new things about money, investment, and the financial world. Instead of crying that the world is against you, brainstorm ways you can add value to the world that will in turn bring financial rewards.
Most of what you have now is what you once dreamt about. So who says your dream can’t come true?Take inventory of all the things you have right now. If something isn’t what you want, then just make do and buy it later. Be happy with the house, clothes, car, and the possessions you have right now.
If you’re constantly worried about your financial future, having money you can access as soon as you get hit with an unexpected bill or emergency is a good way to quell that fear. No need to worry about how to pay such a bill, you have the cash you can pay it.
When life throws you curve balls having that emergency cash will help you deal with whatever the problem is without stressing about the money side.
So start saving today; 1000, 5000, or 25,000 Naira per month depending on your ability and in time, you’ll have built your rainy-day fund up to a reassuring level.