Wednesday, April 9, 2008

The Physical and Your Finances

Do you believe your financial situation can affect your physical health? The answer is a resounding "Yes, it can!"

Financial worries tend to be chronic worries, not the fleeting, short-term stress our bodies are designed to handle. If you are losing sleep and unable to concentrate because you don't know where the money is coming from to pay your mortgage, you are certainly developing health issues you may not even be aware of.

The good news is, there are things you can do. First and foremost, confront the whole subject. It's hard to look at a part of your life that is painful, or you feel you don't have control over. In reality, you do have control. Next, do the math; calculate how much money is coming in and how much you need to meet your basic needs. Remember needs and wants are different. Once you know how much you absolutely need, contact those people you may owe money to, or that you can't pay on time and make arrangements with them. Finally, in this simple plan, look for ways to generate more income. It can be by taking a second job, or even selling things you have that you don't use as often as you once did.

Hands down, the most powerful part of this whole process is to confront the situation, and take responsibility. As soon as you do that, the energy will be refreshed and things will happen to assist you that you never could have predicted!

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