If you are experiencing financial challenges due to income loss or unexpected expenses during this time of pandemic and shut-down, you’re probably feeling tremendous stress. As always, one key to managing uncertainty and stress is to focus on what you can control. There’s no benefit to expending mental and emotional energy on things outside of your influence, and that energy drain will prevent you from focusing effectively on what you CAN do.
What do you have control over? Perhaps more than you realize. You control what you do, including what bills you pay and what money you spend. You may even control the option to return purchases you haven’t yet used!
You control what you say, including to your family members and to your creditors. You also control your attitude — keeping a positive attitude focused on problem-solving will help you be open to new ideas and opportunities.
What do you NOT have control over? Prices. Your past behavior (such as building up credit card bills). The stock market. Your employer (although you may have influence – if you do, consider how to use that influence in a productive way). Don’t waste time and energy stewing over these things. They are what they are. You have choices about how to respond.
Stay tuned the rest of this week for 3 more posts about managing through a challenging time.