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Money Tip: Focus on What You Do Have

It's so easy to get caught up in the general anxiety in the air and absorb other people's financial stresses, like co-workers or friends who can't seem to get enough money worries off their chests. During a time of heightened uncertainty it's only natural to want to talk about things in hope of some empathy or reassurance, but sometimes it just adds to your stress level rather than do anything to bring it down.

Margaret Wehrenberg co-author of The Anxious Brain has useful advice for how to cope with financial stress and says, “Think about what you’ve got in the now. Today you’re OK. Focus on what you have instead of what you don’t have.” Her suggestion to "worry once and do it well" is perhaps overly optimistic, though conquering anxiety with productivity (like meeting with a financial planner or updating your resume) is always a good idea.

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skigurl skigurl 8 years
i spend money irresponsibly in a couple ways, one being food (buying my lunch every day) and clothes shopping (clothes, bags, accessories)... in terms of the clothes, i have begun to do this...i have begun to realize that while i enjoy the act of shopping, i do not need more "things"...i have more clothes than i even have time to wear...i have more fall coats than there are fall days in a season...i have more black shirts than i can even store in my bedroom...i have more long necklaces than i can even consider putting with outfits...it's an illness.... my solution: clean out my closet and tidy my room in a way that puts all my clothes in a useable way, so i wear what i have, and don't forget what i've already bought....this way, i won't have the urge to shop because i'll be interested in exploring what i already own i know this post might be more philosophical than that, but this is practical!
ilanac13 ilanac13 8 years
i think that's a really smart way to look at just about everything in life - even if it's not finances. we tend to get bogged down with things that are negative and we're miserable...and that doesn't get you anywhere. in terms of money - think about what you're able to do now, not what you would do if you have $10k more or $1k more etc. you'll find that you can really get in a better place in your life - and then things sort themselves out .
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