Money on My Mind: Is Financial Stress the New Normal?

Hangouts Money Talk
1

Rising costs, savings anxiety, income instability… they don’t just hurt your wallet—they affect your sleep, mood, and even relationships.

Studies have shown that people experiencing financial stress are twice as likely to experience symptoms of anxiety and depression. Yet, many of us still feel awkward talking about it.

:bar_chart: Poll: What’s your biggest money worry right now?

  • Not saving enough :money_bag:
  • Debt and bills piling up :credit_card:
  • Cost of daily living :receipt:
  • Job or income uncertainty :chart_decreasing:
0 voters

How do you manage financial stress? :speech_balloon:
Do you have any small habits or mindset shifts that help? Or are you still figuring it out? Share your honest thoughts—someone else might just relate. :heart_hands:

2

Yes..so its important to start early

3

Use what you need n budget my account

4

Budget monthly savings and ensure enough savings for rainy day.

5

Save for future when is rainy days

6

Yes it is the norm but by coping it with planning it is manageable

7

Distress by doing something that makes me happy. Jogging or baking.

8

I believe in the idea of not spending on things which i do not need :grin:

1 Like
9

I try my best to save my money or at least pay off whatever it is that I owe sometimes I am irresponsible now I always tellyself to save money

10

Dear everyone,

There’s a saying “Saving money starts from young”. But for most of us, we have no idea the limit of spending money.Moreover, with stressors from all lvls where we dont have a way to cope, teens will jump to unhealthy habits such as compulsive spending(as an adult myself I admit that I wld jump to spending on things that are unnneccesary). Hence, when it comes to financial stress, I believe that it’s best to share the load with your family(bills, expenses), so that you and your loved ones can overcome it together. Thats what I did when I realised I had a habit of spending money when I felt overwhelmed, I had to share my troubles w my family about not being to save money/vice versa(on delivery or transport platforms) . Then they reccommended me to do up a ledger/ budget limit ( ex: $100 a day ) and I also tried to balance my needs and wants (especially for my favorite stuff like anime/kpop goods). Sometimes, I would think twice before spending(be it self care or food/stationery). As much as it is difficult to control my spending, I believe it’s all comes down to discipline and balance when it comes to spending money. Especially if you are saving up for a trip, marraige, buying a flat, it is very important to have the support of your loved ones when you have trouble footing expenses , bills etc.

I hope these tips helps.

With :heart:

@kwantingchingu