Trans4mind Home Page
~ A Journey of Self-Discovery ~

The Top 5 Steps to Reduce Financial Stress

By Dr. Jill Ammon-Wexler

Money may not be the "root of all evil," but it is often the root of tremendous personal, business and relationship stress in today's world. People divorce over it. Businesses collapse due to poor management of it. And entire societies collapse due to poor distribution of it.

Our most recent website poll revealed that over 50% of our readers and visitors are dealing with financial stress in one form of another. Whatever the cause -- stress is stress. And our commitment is to bring you the best possible stress management strategies and tools. So ... here are five financial strategies to help you take charge of your financial world. They may seem simple or even old-fashioned, but they work!

Step 1. Develop Positive "Money Awareness"
The first step in enhancing your financial health is to build your money awareness: Where does it come from? What are you spending it on? How much do you save?

Many, many people simply "ignore" how money flows through their life. They don't budget -- or they simply assume that money is, and will continue to be, a "problem." This actually ensures that it will continue to be a problem.

If you want more money in your life, you absolutely need to avoid being fearful about any lack of money. Remember -- what we focus on actually builds stronger neural circuits in our physical brain. Focusing on lack simply creates additional stress. And stress prevents the clear, focused thinking you need to bring more money into your life.

Consider making a commitment to become more aware of money in a positive way. Begin to think of it as a resource to be managed and used wisely, and you will find you have more money available than you thought you had.

Step 2. Adopt Abundance Consciousness
In spite of how we were programmed as children, money is neither "the root of all evil," nor the ultimate source of happiness. Money is really just energy -- a tool that can be squandered or ignored, or can be used to build a comfortable lifestyle.

It's OK to desire a more comfortable, successful lifestyle. Having more abundance in your life begins by wanting it! Examine your attitude toward money, financial health, and prosperity. Money will not come to you if you have a rejecting or fearful attitude toward it.

Some people end up creating money-challenged lifestyles because they refuse to be responsible for how they handle their money. This can be corrected by simply changing how they manage their relationship with their money.

Step 3. Develop a Spending Strategy
If you want increased prosperity and abundance, it's important to learn to handle your money more effectively. This starts with spending less than you make. This simple (but often ignored) truth gets many people into debt over their heads.

Here's a corrective strategy that can work wonders - and will immediately reduce your financial stress: Cut back your spending by 20 to 25%. Take a careful look at your life, and you'll find this IS possible. Pack a lunch, stop eating out, get a video instead of going to the movie house, repair things rather than just trashing them, and just plain live simpler!

It's essential that you track your cash flow, and take control of your spending. Create a budget and stick to it! If you're living on your credit cards, something has to change. You're racing down a dead-end street, and might need some professional help.

Step 4. Develop a Savings Strategy
Most financial experts recommend that you "pay yourself first" by saving a minimum of 10% of your income. But the amount you save is not as important as developing the habit of saving! Even if you can only save 1% of your earnings - just do it! And once you commit to your savings strategy, stick to it every payday.

Step 5. Develop an Investment Plan
While you are building up your savings, commit some time to learning about investing. Many community colleges have courses on stocks, real estate, commercial property, starting a small business, and even investing in coins or collectibles. Discover what interests you and go for it. But remember, you'll always do best if you follow your own natural interests (people have made fortunes in everything - even comic book trading). The big goal is to learn to get your money working for you, so you don't have to work for it! And to achieve that goal, get your mind amped up to generate prosperity and abundance mind power!

Copyright 2005 Dr. Jill Ammon-Wexler. All Rights Reserved.
Come visit the exciting Self Discovery Community. Discover the most interesting, unusual, stimulating and creative methods of self discovery on the web today! Free sizzling weekly ezine, and the web's first Brain Gym ezone.

More personal development articles at the Counterpoint Article Library

Good info on many topics:

Want to renew your life?

Our online, interactive video workshops present the most effective methods of holistic personal development...
Start off with a Free Life Assessment and a Free Consultation...

Have a question about Trans4mind Training?

Frequently Asked Questions
What Are Our Fees?
Email Peter Shepherd

Support your personal development with these popular and effective hypnosis downloads...

This is our selection of favorites, but there's a session for every need! Choose from over 800 Hypnosis Downloads...
Search now on an issue that interests or concerns you...

View all the Hypnosis Downloads here

Get a free Hypnosis Download at Facebook

Hypnosis is the key to unlocking your creativity, focusing your energy and understanding yourself

Hypnosis has a long history of helping human beings be the very best they can be. It can be used to control anything controlled by the unconscious mind - pain, blood pressure, fear, confidence levels, mood, sex drive... the list goes on:

  1. You'll become highly productive without getting stressed
  2. Tap into your creative energies instantly
  3. Really understand yourself and others
  4. You'll learn how to stay calm in high pressure or uncomfortable situations
  5. Develop laser-like levels of focus and concentration

Lean more... Uncommon Hypnosis Course

Welcome to the New Wave in Meditation Technology

Click here to learn more about the iAwake Profound Meditation Program
The iAwake Profound Meditation Program
is a way of enhancing your meditation practice, making meditation not only easier and more enjoyable, but also more efficient and effective.
Profound Meditation provides the smoothest, deepest, richest, most profound meditation experience available anywhere...
Here is a link to a free 20-minute track from iAwake Technologies - a sample of the type of tools that will deepen your meditation immediately and help you quickly become a successful meditator. It's the opening track of iAwake's flagship product, the Profound Meditation Program, called the iAwake Experience...
Learn More and Download the iAwake Experience
We think you'll find this technology a tremendous aid on your transformative journey of becoming your best and most creative self - and you can get started today!
And here's a fantastic resource for self-education...

The World of Inspiration eLibrary

World of Inspiration
A treasure trove of personal development wisdom

Step inside. Just like a real library, there are thousands of quality eBooks presented on three "floors" and in different "rooms." To purchase your $15 Lifetime Membership to the World of Inspiration eLibrary, click the following button:

Payment is made through our secure transaction agent, PayPal.
The transaction is in the language and currency of your choice.
"I want to just say 'WOW!' This collection is probably the best money I ever spent! I've already received many times over in personal enrichment after just 9 days. I've had a past metaphysical background, but even newcomers to this material will really benefit. Thanks again." ~ J.S. (Pennsylvania, USA)
"The collection is everything which you promised. And more! A superb contribution to the good of the world. Many thanks indeed." ~ R.P. (Georgia, USA)
"Just a short note of thanks for the library. I've only had membership for several days now but I already feel this is perhaps the most interesting compilation I have yet seen. Worth far more than the price of admission. The browser linked structure works well and makes it easy to manage such a large storehouse of information. It is rarely that I find something I like as much as this or that I feel strongly enough to write a note like this." ~ P.W. (Minnesota, USA)
Copyright © 1997-2017 Trans4mind Ltd