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Coping with Anxiety and Fear Around Finances

When there are national economic problems, there can be individual anxiety and fear around finances. While the feeling is familiar to many, each person has unique concerns. A person who has been laid off of work may lose sleep wondering how they will pay their bills. Someone who is retired and on a fixed income may see changes in the stock market on the news and wonder if their money will last as long as they planned.

Financial problems can also be connected to other issues. When you talk through your fears with a mental health professional, you can find paths to healing. After all, you are in control of your thoughts.

Working Through Personal Fears

As difficult as it can be to focus on the positive when looking at negative matters, it is a way to work through anxiety and fears around finances. Of course, doing this will not mean your bank balance will suddenly change, but it can be a way to calm your fears and see solutions.

It is common for financial practices and issues to be connected to other fears within a person’s life. There can be feelings of embarrassment and shame, for example. These can be dealt with so an individual is able to move forward and improve their life.

Comparing Yourself to Others Can Lead to Anxiety and Fear Around Finances

People often turn to others to understand what success looks like, which can be dangerous. Comparing yourself to others can lead to feelings of being behind or failing, but the truth is everyone has their own problems. It is not healthy to compare your financial picture with others in your social circle.

In reality, even family members and friends who appear to be doing well financially have their own concerns. Plus, you do not always know what their financial situation is, they could be struggling with their own debts. Every person is on their own journey.

If you are craving change, make adjustments to your own life. You can’t change other people. Instead of measuring your life against the lives of others, take control of your thoughts and actions.

Learning to Be Proactive

While it is normal to worry sometimes, particularly when receiving stressful news, when negative thoughts take over your life, every day, you may be suffering from anxiety. Worrying is not good for your health, emotionally and physically, and can take energy away from other areas of your life. Time that could be spent being proactive about the very thing you are worried about.

Through online counseling sessions, you can learn to calm your fears and move your life forward. Because anxiety and fear around finances could be connected to deeper stresses. You can make the choice to be in control. You deserve a secure financial future and do not have to feel shame about a setback. Change can be hard, but change can be healthy, too.

Kendall Van Blarcom is a senior helping seniors. Contact Van Blarcom Consulting today for help with your personal problems. Or, reach out to provide support for an older adult in your life.

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Are you feeling “uneasy” about a situation in your life? Kendall Van Blarcom provides caring and compassion as your personal confidant, helping you overcome the obstacles standing in the way of your peace and joy. Sessions are conducted via a secure landline. Call for an appointment today.

Van Blarcom Consulting Mission Statement

To provide improved mental health support for seniors, education, and motivation to individuals having difficulty with life’s challenges, and to empower them to turn their life around so they can improve it with positive changes that will greatly influence their thoughts, feelings, and actions for the rest of their life.

Kendall E. Van Blarcom, Psy.M. Licensed Psychotherapist (Retired)


Please note: I do not offer the services of a virtual counselor, therapist or geriatric psychologist. Online personal consulting is not intended to take the place of traditional face-to-face therapy, clinical assessment or treatment.

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