Welcome to today’s episode, where we’re diving into a crucial topic: calming your anxiety amid economic stress. A recent survey revealed that a staggering 80% of Americans are worried about their financial situation, primarily due to inflation and economic instability. With tariffs and a potential trade war looming, financial anxiety is at an all-time high.

Megan McCoy, a financial therapist, highlights that “since Covid, we’ve all just been waiting for the next shoe to drop, moneywise.” This environment of uncertainty can lead to overwhelming feelings, which can negatively impact both our mental and physical health.

Anne Lester, a former finance executive, warns about the dangers of making decisions out of fear. She notes, “the urge people feel to do something to make themselves feel better can be overwhelming.” Unfortunately, this often leads to choices that may worsen their financial situation.

Today, we’ll explore practical strategies to manage this anxiety and regain control. It’s essential to take a step back, breathe, and consider informed actions rather than impulsive reactions. Remember, in times of stress, staying calm is key to making sound financial decisions. Stay with us for more insights!
Link to Article