That is the time of truth for most businesses when the fiscal year 2020-21, ruined by unprecedented and unprecedented global economic crises, has ended. That is the time to hold the financial performance of the year. And by 2020 is a difficulty to endure! Deal with an unfavorable balance sheet or even a red balance sheet at this time, along with the existing mental stress sometimes dealing with the new normal, the uncertainty is increasing. For the new strain/ vaccine and a hope of reducing everything back to ‘Court Court’ normally, all can cause great harm to the mental and physical health of a person, mostly from the starting part. From financial anxiety. And while these are difficult times, it is extremely important for individuals and business owners, not to endure anxiety or excessive pressure but to handle it in a balanced and effective manner. fruit. In order to face the challenges ahead and draw unique instructions, author Sameer Bhide lists 5 tips that can help people better deal with stress, adversity, uncertainty in finance and financial and Gain control of their lives.
- Prioritize financial goals: Simple and easy as sound, priority is often not done or ruined by emotional or mental prejudices, instead of practical judgments clearly. bond. Anxiety and financial tensions can also make people make decisions based on insecurity, and thus lead to wrong priorities or be placed in the wrong position. Like a doctor for a patient, one needs to be separated from the situation and monitor the actual viewpoint and solve the problem, to make the best decision.
- Focus on what you can control: One of the most important aspects of dealing with anxiety and stress is to identify what one can and cannot control. And then focus on things that can really be modified or changed. From changing business strategies, seeking cooperation or changing operational strategies to cut costs, etc. Determining it, by focusing on a change ‘can be made at a time. For example, the source of income or revenue may be exhausted but saving is something that can be controlled. And that is what should be focused on.
- Tuong Chien is re -, expected the worst thing: the worst plan and the best hope is one of the reliable strategies when faced with adversity in any way. Therefore, in addition to prioritizing and working on things that can change effectively, it is important to consider a long -term solution that can be effective, both in general and face the crisis. In the future. Changing permanent operation structure, choosing common resources, related to family members/ groups in important financial decisions, etc. The drought can help reduce the current and future anxiety.
- Search for professional help: This is applied for both, money and mental health. When dealing with anxiety, there may be countless functions that can cause impaired judgment, panic attacks, leading to disturbed sleep or physical suffering in general. When faced with a crisis, the most important thing is to have the best physical and mental shape to deal with it in the most effective way. And seeking professional help to cope with anxiety and stress, can actually make a miracle. The same thing is true for financial health. Searching for professional asset managers, tax and accounting experts, can be useful in not only identifying holes or errors sooner but also for effective long -term modifications.
- Music, Yoga and Zen: Music, Yoga and Zen are ways to reduce stress and anxiety. Making yoga and meditation can help build a healthier mind and body. They can improve their spirit and help manage stress and anxiety. Music has a universal language and, since ancient times, has been used to heal. Listening to daily music is very therapeutic because it is quite relaxed and makes you calm, then help reduce anxiety and stress, help you sleep better and fight diseases.
Even if we continue to deal with an economic and health crisis, it is inevitable that we will consider the above factors, to ensure we can face and overcome These crises with a healthy mind and body. In the end, there is no challenge big enough for a positive mind and a body that is likely to be overcome!
