by Chelsea Springli 
From a broken-down appliance to a wrecked car or an unexpected medical expense, (not to mention the pandemic), financial peace isn’t always easy to find. But stressful money matters don’t have to keep you down for good. If you can find ways to move forward on your financial journey—even if it’s just changing your mentality—you’ll be able to see the light at the end of the tunnel while working toward your financial dreams.
Here are a few ways to reduce stress and get on the path to finding financial peace.
Align with Your Values
Clearly identify your priorities as you navigate through times of financial doubt. These values become an anchor in every storm. Create a list of the steps you’re taking toward a peaceful financial life and notice how these commitments help life feel fuller despite monetary limitations. This strategy will free you up to think more creatively while actively prioritizing your resources, time, and energy.
Establish a Budget and Hold On
You may think that creating a budget will make you feel overwhelmed but organizing your finances can give you the control you’ve been missing. Grab a notebook, start a spreadsheet, or download a budget app and start recording every dollar that goes in and out of your account. From there, evaluate your spending habits and adjust as you move closer to your goals. This will allow you to see if you are spending too much money on groceries, eating out, or allocating too much to automatic account deductions that you no longer need or use (like gym memberships, magazine subscriptions, app subscriptions, etc.). Learn how to create a budget.
Get Outside Help
If you’re having trouble getting a handle on your budget and other financial matters, don’t be afraid to ask for help. Set up an appointment with one of our financial advisors or carve out time to visit our online learning center for helpful tips. Getting some help from a pro can calm your fears and ensure you’re on the right path.
Take Advantage of Technology
Whether you’re tracking your expenses, saving up for a big purchase, or paying off debt, the right financial tools can make all the difference. There are a variety of calculators and resources available to get you on the right path. Check out online and mobile banking.
Drown Out the Noise
Do your stress levels rise every time you see another news story about the stock market, economy, or COVID-19? You’re not alone. Most people say that the news causes them anxiety. To reduce this tension, try cutting back on your media consumption. Stick to just a few reliable resources: one news station, emails from well-respected organizations, and people you trust. Don’t let the world of social media consume you.
Make a plan and stick it and you will find your financial peace. Also, remember through the good times and the bad, Alltru is here to help.
Chelsea Springli
