Get 10 tips to deal with money stress so you create a more peaceful life.
Money Stress #4: Complicating
The last cause of stress that I’ll mention is feeling like your finances are too complicated or have gotten out of your control. This can happen when you’re unorganized, have too many accounts, don’t have a financial plan, or need to start managing your finances for the very first time.
Money and Happiness
Many people mistakenly believe that if they just had more money, all their stress would disappear and they’d be blissfully happy. In some cases, earning more money is the solution to financial problems. If you’re unemployed or under-employed, for instance, your financial stress probably won’t go away until you have an income that you can count on. But for many people, having more money simply causes them to inflate their lifestyle in a way that doesn’t reduce stress or bring them more happiness. So remember that no one is immune from money stress, not even the super wealthy.
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About the Author
Laura Adams received an MBA from the University of Florida. She's an award-winning personal finance author, speaker, and consumer advocate who is a trusted and frequent source for the national media. Her book, Debt-Free Blueprint: How to Get Out of Debt and Build a Financial Life You Love was an Amazon #1 New Release. Do you have a money question? Call the Money Girl listener line at 302-364-0308. Your question could be featured on the show.
