What does reducing stress have to do with saving money? Like a lot of our tips, this one is not obvious at first glance. When you think about it, money and stress are closely linked in today’s environment. And reducing your stress can save you lots of money.
We’ve talked about it before and we are going to talk about it again. A lot of our unnecessary spending comes from a desire to feel comfort or fill an emotional need. Stress can make us feel run down, tired, depressed and in serious need of some emotional sustenance. Sadly, many of us buy “stuff” to try and make ourselves feel better, worthwhile, wanted or important.
The truth is, no amount of material possessions can fill a need that is based in emotions or a feeling of being “less than”. When we spend money to make ourselves feel better, we achieve a temporary boost that is soon replaced by an even deeper sense of dread. Not only do our emotional needs still exist, but we’ve just wasted our hard-earned money on something frivolous instead of putting it to good use.
In addition to making us want to purchase things to feel better, stress also makes us tired and hungry. This means we get less done (and by extension make less money) and eat more food (which also costs money). If the stress is left unchecked, serious medical problems can result. And we all know that medical expenses can crush financial dreams. In fact, medical expenses are the number one reason cited in US bankruptcy cases.
Any way you slice it, stress costs you money. Next time you feel that tightness in your chest, or you feel tired and undervalued, don’t run out and buy something. Instead, try going for a walk or just sitting outside for awhile. Turn off the television and sit with your thoughts in the calm quiet. You’ll feel much better and you’ll end up saving a lot of money.
