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Article Series: Money Stress
My Lack Of Cash Is Freakin' Me Out!
Money
Stress: Do Women Suffer More Than Men?
When you think of money stress, you may think
that men traditionally take on the most. But new research
shows that women actually suffer from higher money stress rates
than
their male counterparts. The truth is that women, especially
women who fall into the baby boomer generation, are more worried
about money than men.
This could be for many reasons. For example, women are more
likely to need to draw from investments to pay for child-related
expenses. Women also tend to make less money dollar for dollar
than men. All of this leads to more concerns over money problems.
And beyond just personal money concerns, worries about the
failing economy tend to affect women more than men as well.
So
what’s a girl to do when the economy is tanking? It’s good
to be informed about what’s going on in the world, but it’s
important not to become obsessed with the grim news. Go ahead
and read the paper every day, but then put it down and move
on with your day.
The global or national economy is vast and complex. It can
be overwhelming to see world events occurring and have no control
over them. Instead of focusing on what you can’t impact, focus
on the financial areas that are within your control.
Make sure that your household is doing the best to keep expenses
down and put money into savings for emergencies and long-range
plans. Teach your family about money-management so that they’ll
be prepared to enter the world independently.
Learn about ways to improve your personal finances in the
current economic climate. Believe it or not, there are job
markets that are doing quite well and investments that make
a lot of sense in this economy.
Take care of yourself as well. It’s easy to let go of your
exercise routine or healthy diet when you’re stressed. Instead,
focus on staying healthy and reducing your stress through physical
activity and healthy eating. This will improve all areas of
your health and even help you to let go of your money worries.
The economy is in a downward cycle right now. The good news
is that it will improve at some point. You need to hold on
and wait for the economic recovery that is certain to happen
in the future. Instead of focusing only on negative things,
try to find the silver lining in the current market.
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by SolveYourProblem.com
: 2009
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