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How Do I Get Over Anxiety About Checking My Bank Account?

Keep track of your spending patterns

According to experts in the field, when dealing with anxiety related to checking your bank account, the best solution to manage your anxiety is by checking your bank account. 

While it might hurt you, this remains the only means to help yourself get in control and start managing your money.

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How Do I Get Over Anxiety About Checking My Bank Account?

How Do I Get Over Anxiety About Checking My Bank Account?

https://www.self.com/story/bank-account-anxiety

self.com

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Key Ideas

Practicing financial avoidance

Whether it is about your money or a person you are not fond of, avoidance is the key to a life without unpleasant events. 

Every now and then individuals feel the need to avoid checking their accounts, so they could sleep better and feel less stressed.

Keep track of your spending patterns

According to experts in the field, when dealing with anxiety related to checking your bank account, the best solution to manage your anxiety is by checking your bank account. 

While it might hurt you, this remains the only means to help yourself get in control and start managing your money.

Make a new habit

While planning on how to better keep track of your bank account, you might want to consider methods like starting to check your account once a month. 

In order to do that, it could be useful to schedule a meeting in your calendar, devoted solely to this. Other ideas might include using spreadsheets to keep track of expenses or getting an automatic tracker.

'Financial exercises' and their benefits

You might find yourself feeling stressed because of your constant need to check your bank account.

In order to avoid this stress from becoming overwhelming, you might as well practice using only cash for certain weeks or, even better, having some days when you spend no money whatsoever.

Financial wellness

Financial wellness can be defined as the fact of prioritizing one's spending on whatever brings you joy or investing in retirement.

If possible, make this exercise with an expert's help, as it is extremely important to take the right decision when it comes to the way you choose to spend your income, because it affects not only your present but mostly your future.

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Spend time tracking your money

Most people react to their finances. The problem with that is that you rely on chance to have enough money in the bank when you actually need it. Be intentional about your money and spend time reviewing and evaluating it. If you don't, you'll never know if you're moving in the right direction or not.

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Zero Waste

It’s a philosophy of creating a more sustainable lifestyle by keeping your waste down to a (pretty hardcore) minimal amount, while helping the Earth and your own happiness in the process. 

The 5 R’s of Zero Waste

The whole Zero Wate movement is built upon the following 5 main R’s of living: Refuse, Reduce, Reuse, Recycle, Rot:

  1. Refuse what you do not need
  2. Reduce what you do need
  3. Reuse what you consume
  4. Recycle what you cannot Refuse, Reduce or Reuse
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Being Frugal Is Not Cheap

Frugal people do spend money, but want the maximum bang for the buck, without stressing themselves.

Frugality does not mean compromising quality, neglecting your social life, or being a...

Be A Smart Spender
  • Use tools like financial books, podcasts, and online savings groups.
  • Avoid indulging in unnecessary expenses daily, reducing them or finding healthier and more affordable alternatives.
  • Cultivate a healthier attitude and the right mindset towards your finances.
  • Know that small, practical, money-saving actions can compound into better living for you in the long run.
Use Smart Hacks

There are plenty of financial and budgeting tools and apps that can help us manage our funds, keep track of our expenses, and trigger us when we are off-track.

Simple hacks like carrying a debit card or cash instead of a credit card, or deleting our card details from shopping sites can help us avoid spending impulsively.

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