A Practical Guide to Anxiety and Your Finances

If you are struggling with anxiety, it can be difficult to keep on top of your finances. After all, the root of anxiety is all about the apprehension and fear resulting from a perceived or real threat, situation or event – so it makes sense that you will feel anxious about looking after your money.

How anxiety can affect your finances

  • Your income could go down or stop if you can’t work or need time off.
  • You might be susceptible to spending money that you don’t have to make yourself feel better, which you might regret afterwards.
  • You may feel anxious about talking on the phone or opening bills.
  • Day-to-day financial decisions might make you feel anxious, so you avoid making them.
  • Being in debt can make you feel worried, even if you have enough money.

What you can do to ‘future-proof’ your finances

It’s difficult to predict when your mental health is going to affect your finances, but there are some practical things you can do to future-proof yourself so that when you are feeling low, you can keep on top of your finances.

  • Keep a diary of your spending and your moods. Record what you spent and why, and your mood at the time – were you stressed?  This could help you work out any patterns and identify a trigger point in your anxiety that makes you spend.
  • If you find you spend a lot when you’re feeling anxious, make sure to not have your card auto-filled on shopping sites – the act of getting up to find your card can slow down the process and make you consider your purchases.
  • If bills make you anxious, appoint someone close to you to open your post and consider moving to a bank with online services so you don’t have to visit a branch for services.
  • Share your money worries with a professional who can give you advice. The Money Advice Service can give you free, impartial advice on your finances.
  • Lots of banks and utility providers are now training their staff in mental health awareness. By calling your bank and explaining your anxiety, you can help the banks to give you better service.

One of the best ways to help your finances stop impacting your anxiety is to stop comparing yourself to others. In the Instagram generation, it’s easy to get sucked into pictures of everyone else’s wealth – holidays, cars, houses – and compare yourself. Remember, you don’t know how much is in their bank account, so whilst they may look successful, it could be thanks to credit cards and a whole lot of debt. Plus, everyone puts their best lives on social media, so on the inside, they could be struggling too. If you’re feeling really affected, step away from social media.

If you are suffering from anxiety, panic attacks, phobias or obsessive-compulsive disorders, consider becoming a member of becoming a member of No Panic. Severe anxiety and phobias affect up to 18% of the population, so don’t suffer in silence.

Share this post

Related Posts

Welcome

Welcome to the No Panic Blog. We hope you find content here which helps you manage your anxiety, or provides you with a better understanding

Read More »

FoMO and Social Media

By Conner Keys, Content Team Academic In 2023, there were 4.95 billion people using social media and social networking sites (SNS) in the world. In

Read More »

Treating Social Anxiety.

By Mohammed Adil Sethi, Content Team Academic. Introduction Millions of people throughout the United Kingdom suffer with social anxiety, something that is characterised by an overwhelming

Read More »

Comments

60 thoughts on “A Practical Guide to Anxiety and Your Finances”

  1. I’m gone to tell my little brother, that he should also go to see this
    webpage on regular basis to get updated from most recent news update.

  2. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point.
    You obviously know what youre talking about, why throw away your intelligence
    on just posting videos to your site when you could be
    giving us something informative to read?

  3. Good day! I could have sworn I?ve visited this web
    site before but after browsing through some of the articles
    I realized it?s new to me. Regardless, I?m definitely happy I found
    it and I?ll be book-marking it and checking back frequently!

    Also visit my homepage; Oracle Leaf CBD

  4. Pretty nice post. I simply stumbled upon your weblog
    and wanted to say that I have truly enjoyed browsing your blog posts.
    In any case I’ll be subscribing for your rss feed
    and I hope you write once more very soon!

    Feel free to surf to my blog :: FrioBreeze Review

  5. I need to to thank you for this good read!! I absolutely enjoyed every bit of it.
    I’ve got you book marked to look at new stuff you post?

    Also visit my web-site Lucia

  6. Howdy! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying
    to get my blog to rank for some targeted keywords
    but I’m not seeing very good results. If you know of any please share.
    Thank you!

    my website – Toney

  7. I’ve been browsing online more than 4 hours today, yet I never
    found any interesting article like yours. It’s pretty
    worth enough for me. In my opinion, if all web owners
    and bloggers made good content as you did, the web will be a lot more useful than ever before.

  8. Today, while I was at work, my sister stole my iPad and tested to see if it can survive a
    40 foot drop, just so she can be a youtube sensation. My iPad is now
    broken and she has 83 views. I know this is entirely off topic but I had to share it with someone!

  9. Hi there, constantly i used to check blog posts here in the early hours in the break of day,
    for the reason that i love to find out more and more.

    Here is my web page D-Fine8

  10. Thank you so much for giving everyone remarkably wonderful opportunity to read critical reviews from this blog.
    It really is so brilliant and also stuffed with
    amusement for me personally and my office peers to search your website minimum 3 times in 7 days to read the new issues you have got.
    And indeed, we are at all times pleased considering the remarkable tricks served by you.
    Some 2 points on this page are definitely the finest
    I have had.

    Take a look at my web-site :: https://flac.or.id/forum/index.php?action=profile;u=103811

  11. I simply wanted to thank you once more for that amazing blog you have
    designed here. It truly is full of ideas
    for those who are definitely interested in this subject, particularly this very post.
    You’re really all so sweet and also thoughtful of others and also reading your site
    posts is a wonderful delight with me. And that of a generous reward!
    Tom and I are going to have pleasure making use of your suggestions in what we have to do in a few days.
    Our list is a mile long which means that your tips will be put to very good use.

    Feel free to surf to my website :: Dermal Pearle Review

  12. It’s in fact very complex in this active life to listen news on TV, so I simply use world wide web for that
    reason, and take the hottest news.

  13. Wonderful website you have here but I was curious about if you knew of
    any discussion boards that cover the same topics discussed in this
    article? I’d really like to be a part of group where I can get
    opinions from other knowledgeable people that share the same interest.
    If you have any suggestions, please let me know. Bless you!

    my site: Dallas

  14. Undeniably consider that which you stated. Your favorite justification seemed
    to be at the internet the easiest factor to remember of.
    I say to you, I definitely get irked at the same time as other folks think about worries that they plainly don’t realize about.
    You controlled to hit the nail upon the top and also outlined out the whole thing
    without having Spore Mens Vitality Mix Side Effects, Vicente,-effects ,
    other people can take a signal. Will likely be again to get more.
    Thanks!

  15. Hi, I think your site might be having browser compatibility issues.
    When I look at your blog site in Firefox,
    it looks fine but when opening in Internet Explorer, it has some overlapping.
    I just wanted to give you a quick heads up! Other then that, great blog!

  16. Its like you learn my mind! You appear to know a
    lot about this, like you wrote the book in it or something.

    I feel that you could do with a few p.c. to force the message house a
    little bit, but instead of that, this is magnificent blog.

    An excellent read. I will definitely be back.

    Here is my page … Live Well CBD Gummies

  17. Does your site have a contact page? I’m having problems locating it but, I’d like to shoot you an email.
    I’ve got some recommendations for your blog you might be
    interested in hearing. Either way, great blog and I
    look forward to seeing it expand over time.

    Also visit my page :: Vigalix Reviews

  18. Hey there would you mind sharing which blog platform you’re using?

    I’m going to start my own blog in the near future but I’m having a difficult time making a decision between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your design seems different then most blogs and I’m looking for something completely unique.
    P.S Sorry for getting off-topic but I had to ask!

    Also visit my site … Arctos Air Cooler Reviews

Comments are closed.

Donate to No Panic

Would you like to help No Panic help other sufferers? Then please consider donating.

Search Products

Product Categories

Basket