• LaToya

How to Manage Your Financial Anxiety During the Coronavirus?

Updated: Apr 20, 2020

If you’re experiencing financial anxiety right now, I want you to know that you’re not alone. The coronavirus outbreak has shifted us into a time of uncertainty which may have you feeling a bit overwhelmed.

What is financial anxiety?

  • Does your body begin to tense up at the thought of tackling financial tasks?

  • Are you experiencing sleepless nights due to your personal finances (not having enough funds in case of an emergency or due to a decline in your investment portfolio)?

  • Are you experiencing panicky feelings or having many arguments with your spouse about money?

These feelings are not uncommon especially in the midst of a global crisis that will potentially lead to a recession.

Here are some tips to overcome financial anxiety:

  • Track Your Spending

  • Contribute to Your Emergency Fund

  • Don’t Compare Yourself to Others

  • Eliminate Financial Shame

  • Educate Yourself

  • Create a Financial Strategy Plan

  • Talk to Your Partner

  • Know Your Triggers

  • Think Positive!

Are you currently experiencing financial anxiety?

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