5 Tips to Reduce Debt Stress

Nationwide Debt Direct

Do you ever wake up at night with the “money sweats”? Do you experience repetitive and racing thoughts about your debt and the state of your finances? Stress like this is an uncomfortable experience that effects us on all levels. Rather than letting debt stress effect your health, relationships, and career, reduce your stress levels and find peace as you pay off debt and take control of your finances. These five tips will help you lower your stress levels and feel healthy, peaceful, and ready to handle whatever comes your way.

  1. Acknowledge Your Feelings

Anxiety, depression, and fear can all arise when we think about debt. Emotions are physical experiences that can be acknowledged. Have you ever started to feel anxious, and reached for a beer or glass of wine instead of processing the anxiety as it came up? Instead of reaching for a synthetic depressant or stimulant, instead get curious about the emotion you are feeling. Where is it? What does it feel like? Processing emotions is a frightening task, but once you do it a few times you learn that you can survive the experience, and then the emotions can transform, instead of being stuffed away only to re-surface later

  1. Start Writing In A Journal

When you feel intense emotions come up about your debt situation, try reaching for a pen and paper. Write down your fears, angers, and complaints. Venting in this way can help you see clearly what your thought patterns are. Once they are on the page, they are changed forever.

  1. Explore Your Inner World

A severely challenging situation can be a powerful agent of change. As you face your debt situation, you might realize new things about who you are, what you value, and what you are capable. Be grateful for these lessons, and continue to travel deeper and deeper into your own psyche in order to gain understanding and peace around your life situation.

  1. Talk About Your Situation

Instead of keeping your debt a secret, speak about it out loud. If shame is holding you back from discussing your debt with friends and family members, you can talk with trained professionals who have heard many debt stories and will not be shocked or personally affronted by your situation. Nationwide Debt Direct is a great resource, or you could also bring the topic up with another objective professional such as a therapist. If you are able to overcome your feeling of shame, and can think of a friend or family member who would be safe to talk to, bring up the topic when you are ready. The relief of speaking your numbers out loud will be palpable, and by being vulnerable you will also give others the permission to share about personal financial issues.

  1. Make A Plan To Get Debt Free

Read books, watch videos, and absorb blog posts that steer you towards debt free living. This new focus will give you hope that a new and better way of feeling is possible for you. Just shifting your focus towards a solution rather than dwelling on the problem is a powerful step. As you focus on making a plan and setting up short term and long term goals, you will feel the burden and stress of your debt begin to lighten. Feel excited and celebrate your accomplishments as you meet your short term goals, or harness your determination and sense of willpower if you do not meet your goals, and try once again. Persistence is the key, and keeping your eye on the prize will give you a positive outlook.

Debt stress effects all areas of life. It can make you anxious, depressed, and less motivated. This affects the way you show up for your relationships, whether that is your relationship to your spouse, children, coworkers, or yourself. It affects your job performance, and all levels of your health. Reduce debt stress by learning how to process your emotions, going inwards, and coming out a stronger person. Make a plan and gain a positive outlook through focusing on solutions rather than the problem.