Whether one lives in the urban, rural or any other suburb. Every individual once in their lives faces the downturns due to economic factors. These stress includes unable to support family, unable to find a proper job, repayments of loan, education cost, borrowing money, etc. Economic stress is concern with the stress within individual due to one’s personal financial state. Economic stress can be healthy too, when it gives an energy to individual to action needed and while in challenging situation it gives uh encouragement to cope up with this challenges. But, economic stress also has harmful impact. Economic stress is mostly suffered With the Help of Economics Assignment Help university students. One can experience stress due to many factors such as loss in job, changes in income and budget of family, when one feels they don’t have financial resource compare to others, balancing work life while studying.
Economic stress may become frequent in individual’s life and they may feel burden and struggles for living cost or college cost and becomes difficulty to fights for it. These tensions can cause intense feeling of anxiety and depression and may lack harmony between family and friends. The common symptoms of economic stress include lack of sleep, digestion problem, excessive weight gain or weight loss, regular activities are unable to enjoy, panic attacks or anxiety.
One can deal with the economic stress by following strategies:
1. Communication with family and friends:
Communication is one of the important strategies to deal with the economic stress. Communicating with friends and family give you a feeling of belongingness and security and it results into reduce in tension and anxiety. While talking with the friend and family they may help out with the solution to your problems and helps you to know whether your concerns are realistic or not. Communicating about the financial problems gives security about money. Learn the strategies from other which helps you in your perspective.
2. Planning financial resource:
Planning your financial resource is one of another strategy to deal with the economic stress. Having a plan in your hands gives you a security of the money and this plan can assist you in identifying the priority expenses. According to Finance Assignment Help you can identify the resources and options available with discussing their parents and friends which works together for better financial concerns. One can plan and control their daily expenses and make changes in it by giving a priority expenses, for doing this one can list their expense which are most necessary and which are not. Take help of Financial Aids which helps you to assist the changing financial situation of you and your family, this can further assist you in identifying the options and resources in payments (if an individual is a student). If one is worried about the financial market and its effect on their job one can take assistance from the career labs.
3. Be positive:
Thoughts are the most powerful which effects your body, health and mind. One must control their negative mind by avoiding the negative talks. Focus on the positive ideas of the others which gives you the best solution to the financial problems. Focus on the positive rather than negatives, focus on possibility rather than impossible, focus on strength rather than fears. Spend time by thinking positively that these are the challenges currently that you are facing and remind yourself that good times are ahead.
4. Participate in activities you love to do:
Participating in the activities is other strategy to deal with the economic stress. By participating in the other activities one can change their focus from financial situations to other important part of life which results into reduction in tension and anxiety. Spend your time by ding the things you love the most and which are free of cost. Take advantage of your campus which offers you a free activity or events. Engage yourself into your favorite class which you love to work. Spend your time with friends and family who diverts your mind from tensions and worries.
5. Be Patient:
Good things come to those who patiently handles the stuff situation. There are some situations on which an individual has no control. Constantly worrying about the situation won’t make change in the things, but it may have negative effect on health and mind, so it is better to let it go. Personal finance take time to change, so be patient.