Stress is a normal human emotion. All people feel it. It can even be positive when it motivates us to take action. However, constant and high levels of stress can negatively affect both physical and mental health. While money can’t buy happiness, financial worries can lead to feelings of stress and anxiety. Effective treatment through therapy can be very helpful. Licensed mental health professionals from MyTherapist can offer support and guidance to help you.
Ten Benefits of Therapy for Managing Financial Stress
- Through therapy, you can learn to effectively, positively manage behaviors and emotions. So, if your spending behaviors, financial actions, or feelings about money are causing stress or mental health concerns, you may be able to learn to manage them and change them to feel better.
- In therapy, you can learn coping skills. Coping skills are healthy ways to deal with life’s stressors. Learning how to cope with stress, including financial stress, can help protect and strengthen your mental health.
- A therapist can help you gain new insights into yourself and others. In therapy, you may come to a better understanding of different perspectives of money and finances and your relationship with money, which can help you with healthy emotional regulation and management of your finances.
- Therapy provides a safe, comfortable space to confidentially talk about personal issues without judgement. Financial stress and money issues can be highly personal. Talking about them with a professional in a non-judgmental space can help you honestly express and explore your feelings, concerns, and behaviors.
- A therapist can help you learn and practice mindfulness and relaxation techniques. Mindfulness and relaxation are helpful, effective stress management tools.
- In therapy, you can learn new and effective communication skills, which can help you in most areas of your life, including having difficult conversations about money management, budgeting, and salary, for instance.
- Therapy can help with relationships. Sometimes finances can affect relationships, and relationships can affect finances. Through therapy, you can learn about engaging in healthy relationships.
- A therapist can evaluate mental health conditions and offer personalized, effective treatment. If you are experiencing a mental illness, a therapist can help you heal and collaborate with you to develop an effective treatment plan.
Ten Questions to Ask if You’re Considering Therapy:
The American Psychological Association suggests asking yourself the following questions if you or a loved one is wondering if you should seek help from a licensed mental health professional:
- Is the issue you’re facing distressing?
- Is the issue embarrassing to the point that you want to hide it from others?
- Do you or those close to you spend time each week worrying or thinking about the issue?
- Has the issue reduced your quality of life?
- Is the issue interfering with an aspect of life?
- Are you adjusting your lifestyle because of the issue?
- Does the issue take up a considerable amount of time each day? (For example, an hour or more?)
- Have your work, personal, or educational goals been curtailed due to the issue?
- Is the issue upsetting or concerning to those around you?
- Are there changes you would like to make to improve your life and those of your loved ones?
Seeking help from a therapist is not a sign of weakness. Instead, it’s a sign of strength, resourcefulness, and hope that you want to make positive changes for a fulfilling life. Therapy can be a smart step on the road to managing areas of life, including finances and their impact on mental health.