Simple Ways to Ease Your Financial Anxiety

Getting a handle on your money can make a big difference to ease financial anxiety…

Lincoln Park Therapy Group Founder Nicolle Osequeda is featured in this Thrive article exploring simple ways to gain control over your finances. Thrive Guide to Better Money Habits talks about the connection between money matters and mental well-being, and offers tips to make small yet meaningful changes to your finance habits.

The article quotes the American Psychological Association as saying that finances are one of the biggest stressors in today’s world, and mentions a survey that reports 20% of participants had experienced mental health challenges due to money concerns. In this article, seven experts share specific steps related to building your savings, budgeting, paying down debt (including those dreadful student loans), and improving your overall money habits. Nicolle, who is certified financial therapist, specifically talks about the importance of starting small so “you can feel successful” when you think about making changes.

To help you get your finances under control, the article’s experts share these 7 specific tips, along with a few microsteps you can take to get started:

• Identify your pain points
• Divert 10%
• Make a bite-sized budget
• Do a little at a time
• Assess your subscriptions
• Find a replacement habit

To read the full article, Thrive Guide to Better Money Habits, click here.

Want to learn more about mental health and finances? Check out more of Lincoln Park Therapy’s blog posts… Click here to learn more about your relationship with your finances, here to learn about money issues and friendships, here to learn about keeping the financial peace with your partner, and here to learn more about mingling money with your SO. And if you’re experiencing added stress or anxiety due to your finances, schedule a time to come in and talk with one of our therapists. We’d love to meet you.