Calling the current Indian economic situation “depressing” is an understatement. Most of the people are having a tough time dealing with the sudden currency ban but it doesn’t all have to be gloom and doom. Read on to get some tips on financial stress management by expert psychologists.

    • Do not take the stress entirely on yourself

      Trying to hide a bad financial situation from family & friends is the worst thing you can do, expert psychologists on money and mental health say don’t allow yourself to take the blame of the situation entirely on yourself and get depressed let near & dear ones in your life know how difficult things are and don’t try to keep mum on the issue and bear it all by yourself because no burden can be borne well in isolation from your closest ones.

    • Speak out

      We humans are social beings and we respond to social connections really well. Instead of feeling embarrassed or guilty when you’re having financial problem turn to those in the same situation as you for support or seek help of a psychologist because they might have helped those in the same situation as you before.

    • Contact your financial advisors

      If you’re behind on your monthly payments there’s online help available in the form of financial advisors. They are really committed to helping people reduce their stress and also to reach the best resolution possible there is a list of counselors available online.

    • Accept your situation

      You have to first accept the way things are before you can change them. We can’t necessarily get rid of problem including the problem of having to deal with sudden change in the financial situation but we can get rid of suffering and suffering is failing to accept what it is.

    • Don’t play the blame game

      When times get tough the inner self of one starts playing the blame game and considers on being the problem themselves. It only lets you blame yourself for the situation you are into instead of letting you look for the solution “If you start blaming yourself up in the moment with all those accusations and self-flagellations, you can only expect your mood to worsen the situation” says an expert psychologist he urges, be as kind and gentle to yourself as you can.

    • Take control of the situation

      Take a good and hard look at your finances. Various websites can help you get a handle on what’s coming in and what’s going out and make an action plan to improve your finances by tightening your budget and searching out for new income streams do an honest assessment of what you actually need and what u don’t.

    • Live like there’s no tomorrow

      If you’re spending a lot of time feeling guilty about the past or worrying about the future it’s not good for you, you should do things that help you be in the here and now such as taking a few deep breaths, doing yoga, or going for a jog ,visiting a psychologist timely to ensure your mental wellbeing you may also check for psychologists on websites like Therappo. Living in today allows us to stay here and not go backward and ruminate it helps us to be here in the moment which is the one place where we can really take productive action.

    • Take time to get in your best shape

      When you’re in financial stress your first instinct may be to cut back on everything even the relatively low-cost things in life that make you feel better such as exercise that’s what people end up dropping first and it’s the one thing anyone can do that can help take the time to do the things that make you happy such as spending time in nature or hanging out with friends because money isn’t everything.

  • Understand your present

    Self-blame is hurtful but blaming everyone else isn’t going to get you anywhere either even if it’s only little fault of yours.

Psychologists say take this steps to deal with financial stress caused by the economical change.

  1. Turn off the TV

    Spending too much time watching TV or news related to the financial stress you are dealing with will make you depressed because we’re bombarded with economic doomsday news almost everyday. The media presents anxiety and panic as a great story. If watching the stock market going up and down every five minutes makes you crazy, don’t do it.

  2. Avoid drugs and alcohol

    If you’re under financial stress you’re likely experiencing physical and mental symptoms of stress including tight muscles, headaches, irritability and reflux disease but you may not recognize what they are hence watch for symptoms of stress and take steps to cope in healthy ways such as with exercise. Don’t resort to drinking, using drugs, or smoking which can lead to a vicious cycle in which your mental and physical health gets worse and you rely more on substances for a temporary fix.

  3. Get your own inspiration

    If you’re stuck on what to do next seek out for someone who inspires you perhaps someone who’s doing something you’d like to be doing but you don’t know how to get there take them out for a meal and start interviewing them that can be a really powerful experience in terms of opening your eyes to other possibilities.

  4. Reach out to people in the same situation

    If you lost your money it may be painful or challenging to get back to your previous financial status hence you should reach out to all your business connections. Building and strengthening your support network will make you feel better and it might even turn up with an opportunity you need.

  5. Get help for severe depression

    If your depression is severe or if you’ve thought about harming yourself don’t hesitate to get help know the warning signs of suicide and keep an eye on your loved ones. Helping someone you love who is struggling with depression or is suicidal you may need to look for warning signs.Well there is no end to stress it seems to only add on into our lives on daily basis. If not completely cure all you can do is reduce its effect on your life with the help of expert psychologists at Therappo issues related to stress and its management can be resolved through live video chat.

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