Yes Life is stressful and it's killing my weight loss plan. I'm getting super annoyed by my stress level which only makes things worse. So what can I do to decrease my stress level and reach my goals and live a healthier life? No seriously I'm asking because I'm at a loss. I have school, two jobs, bills, biological clock ticking away, and being healthy. I know this stress is bad for me as it's affecting my hormones, my weight, my eating habits, my workouts, my breathing and my sleep. Having these all in place helps with my weight. Right now I feel like I have 2 options, a) work both jobs, scrap by, have no life and have less debt or b) work one job, have less stress and more debt (if I could get a private student loan). Hence why my stress is so high, money is always a stressful thing, especially for me. I didn't grow up having a lot of it. I've never had a lot of it, and when I've had it there has always been this immense pressure to spend it 'right'. Having student loan debt, credit card debt and car debt is just weighing me down. I tell myself the student loan debt is worth it, though I'm not sure about that given my first round post college experience, but this time I want to be smart about it. If I don't have to take more than I need, I won't. I want to pay for my own housing, if I can and I don't want to get in over my head.
So what can we do to lower our stressor - in my case money stress
- Create a realistic budget. I create budgets constantly but they are never really realistic, there is no wiggle room for car issues or ice cream, which is a horrible way to go about it because the second something unexpected pops up your screwed. Adding a little padding into your budget is a good idea, weather it's $20 or $200 bucks, it will lessen the load of stress because you won't be penny pinching.
- Seek Advice. My parents always struggled with money and all I ever knew was I didn't want that life but I didn't know how to have a different one. After years of trying to make it up as I went and not being successful at it, I finally started Googling how to budget, pay off debt and how to invest (haha like that ever happens). I also started talking to my Grandparents who are the wisest people in the world and tried to get a real understanding of what it took for them to get where they are. knowing that it didn't happen over night was reassuring and that struggle is part of the game eased my mind.
- Don't expect perfection. You will screw up and it will be ok, even Teresa Gudice and Martha Stewart survived financial 'mistakes' you will too. Now obviously your won't be insider trading or mortgage fraud, but you'll miss a bill or indulge too much one month and eat pasta for the rest of the month. It's ok, make those mistakes when your young because making them when you have kids will happen too, but if you learn how to cope with them you'll set a better example than freaking out and scaring your children.
- Use cash. For non-bills I use cash. Cash keeps me on budget and makes my boundary very clear also you get to keep the change lol which I love to put in my jar and then I cash that in and put it into my savings account.
- Keep learning. I have a degree in economics, irony or ironies, and there are still things I don't know about keeping my finances in check. That's why it's important to keep learning and keep finding the way that works for you. Sure there is a standard, Assets - Liabilities = a positive number, but how you get there is you own way. For example my sister-in-law makes everything from scratch to save money while my mother doesn't buy a whole lot of grocery's because her house is always on the move and eating out. You have to look at your life and see what works.
In keeping with my own words, does the way my life is going work for me? ..... no. It's too strict and it's stressing me out. There is no room in the budget for me to but a cute dress or eat out, there is no room for mistakes and there is no room for fun. Clearly I need to rethink this budget of mine and how I want my life to be.