Financial stress can impact our mental health badly. Most of us either suffer or have suffered from the problem of “not keeping a budget”. If you don’t budget, you could be spending more than you’re making without even knowing it. It’s totally normal to stress about money, after all having enough means having security. But financial stressors are also one of the worst things when it comes to your mental health.
Budgeting is about keeping track of what you spend, but it’s also about changing your habits. If money causes you daily worry, you need to take advantage of the power you have to reduce or eliminate your financial issues. If you want to improve your mental health, consider lessening the amount of money you spend on wants, negotiating your bills for lower rates and creating an emergency fund. Financial stability is a major step towards healthy happy mindset.