Article

Financial Anxiety is a Big Sleep Thief

It’s not uncommon to discover that sleepless nights are often associated with financial uncertainty or looming decisions about money. Here are some tips to help navigate financial uncertainty and give you opportunity to pave the way for a more secure and restful future.

August 10, 2024
Important Disclosure: Content on our website and in our newsletters is for informational purposes only. The information provided may (or may not) directly apply to your situation. We recommend that readers work directly with a professional advisor when making decisions in the context of their specific situation.

In an era of unprecedented change and economic volatility, the sleepless nights associated with financial concerns are becoming all too familiar. Despite an overall confidence in their financial well-being, many are grappling with anxiety about money that permeates various aspects of their lives.

Navigating the Storm: Coping Strategies

To navigate the anxiety storm, there are several strategies that can help navigate financial uncertainty and give opportunity for some restful sleep.

Financial Literacy: Invest time in improving financial literacy. Understanding budgeting, investing, and debt management can empower individuals to take control of their financial futures.

Open Communication: Establish open communication about money within relationships. Discussing financial goals, concerns, and strategies can help alleviate tension and foster mutual understanding.

Mental Health Support: Prioritize mental health by seeking support when needed. Therapy, counseling, or support groups can provide valuable tools to cope with the emotional toll of financial anxiety.

Emergency Fund: Build and maintain an emergency fund. Having a financial safety net can offer peace of mind during uncertain times and act as a buffer against unexpected expenses.

Planning Matters

The pervasive impact of financial anxiety on sleep, relationships, and overall well-being is a pressing concern. Acknowledging these challenges is the first step towards finding effective coping strategies.

By prioritizing financial literacy, fostering open communication, seeking mental health support, and building a financial safety net, you can navigate the storm of financial uncertainty and pave the way for a more secure and restful future.

Other content you may like

  • Is Value Poised for a Big Bounce?

    Is Value Poised for a Big Bounce?

    October 19, 2021
    This Student of the Market looks at what happened in September with stock market returns and an overview of 2021 for bond market returns. Growth versus Value is charted along with Long-Term Bond returns, and alternative fund flows. A helpful chart illustrates a broad category and specific category breakdown of what goes into Headline inflation.
    Read this Article
  • Tips for Women to Build Financial Independence

    Tips for Women to Build Financial Independence

    March 8, 2021
    Every woman needs to balance her financial past with her financial future. Here are some tips to help you with the management of your personal finances so you can look towards the future and start building financial independence.
    Read this Article
  • Monitoring & Managing Business Credit Reports

    April 21, 2025
    It’s a good practice to review personal credit reports from the major credit bureaus, but have you considered monitoring them for your business? This article walks through why it’s important for business owners and partners to pursue a good business credit rating.
    Read this Article
  • Sustainable Frenzied Growth or Value

    May 31, 2024
    The Strong Valley advisor team, Adam, Christopher, Jason and Kyle, give a recap of Mid-February to Mid-May with an in-depth discussion on the S&P 500, tech stocks and how growth affects their market success, along with a look at the market correction with drawdowns. Fed Funds Rate and Inflation are still in the news, as the team explains the effect of elections on stocks and investing, along with an update on the inverted yield. The team finishes with top client questions and their roundtable predictions of where they see things going.
    Read this Article
  • The link you have selected is located on another server. The linked site contains information that has been created, published, maintained, or otherwise posted by institutions or organizations independent of this organization. We do not endorse, approve, certify, or control any linked websites, their sponsors, or any of their policies, activities, products, or services. We do not assume responsibility for the accuracy, completeness, or timeliness of the information contained therein. Visitors to any linked websites should not use or rely on the information contained therein until they have consulted with an independent financial professional. Please click “Continue to Link” to leave this website and proceed to the selected site.
    phone-handset