Comments on: How to Overcome a Fear of Dealing with Your Finances

By: Cat

Cat — Thu, 12 Nov 2009 18:58:57 +0000

I definitely agree that regular monitoring of your main accounts (checking, savings, and credit card, or whatever combo of those accounts you have) helps a lot. It only takes a couple of minutes to check them. I also agree that paying bills ASAP helps a lot with stress. It is really easy to let them sit and accidentally get mixed in with the junk mail. I have a set of stamps and a pad of checks in my bag so I can bring the bills to work and pay them on my lunch break. That way everything is with me and not as likely to end up on my dining room table for weeks

By: David Weliver

David Weliver — Wed, 05 Aug 2009 04:07:16 +0000

Thanks, M.Wanzer! Well put. At some point I want to research and write about financial stress leading to physical health issues. I’ve seen some articles on it put never paid as much attention to them as I should have. Bottom line is letting money problems get out of hand leads to more stress which can lead to big health problems! Solution: Face your fear of money before it kills you.

By: M.Wanzer

M.Wanzer — Tue, 04 Aug 2009 20:01:57 +0000

You are absolutely right that money problems can cause stress which can in turn cause physical health problems. Furthermore, if you get a good handle on your finances and find out where you can cut spending and why you are coming up short every month, this is the first step to improvement. If you figure out why you are coming up short every month, this may motivate you to find new ways to close that gap and come up with side ventures to supplement your income. People that are “bad” with money tend to think that getting a handle on it is extremely difficult, its not. Sometimes all that’s needed is writing down exactly what your monthly expenses are and what your income is, that’s a great starting point. I wish my parents taught me these types of lessons early on, these are lessons that we need to learn early on.

Good Post.