Having the right mindset can change your point of view about any situation. We constantly talk about our mindset around money, and how once we stop “shoulding” ourselves and start to manifest a positive outlook about our money, it changes the way we view our financial situation.
So, we’re now applying the money mindset we’ve set for ourselves this year to help us find our way through the financial and emotional impacts of COVID-19. With growing anxiety, staying positive and finding those lighthearted moments is important for our wellbeing.
First things first, evaluate how you are feeling right now. Ask yourself these questions:
What is my current mindset towards this situation?
What are you feeling? What are you thinking? What are you doing?
Who are you being?
Right now, it’s natural to feel a loss of control. We believe it’s one of the reasons we are seeing people panic buying right now. Stocking up on toilet paper is something we can do that gives us this odd sense of control over something, even if in reality it doesn’t do much except keep more toilet paper off the shelves.
With so many things out of our control, it’s leaving us with a sense of fear, anxiety, and sadness. This is perfectly normal. Suffering is when we are in an argument with reality. And right now, our reality is that nothing is certain. We don’t know how long this will last or what the outcome and impact will be.
We can, however, use this as an opportunity to make a choice.
Ask yourself, who are we going to choose to be at this time? We can choose to be resigned and give up or we can choose to fight and be resilient. Let’s take back control over what we can, be optimistic and put ourselves in the best position possible to get through this and move forward.
Your mindset is where this starts.
Make sure you are taking time each day to get present. Meditate, workout, take a walk, sit in stillness, draw, paint, whatever it may be for you to be with yourself for a few minutes to gain access to your feelings.
To help calm some anxiety, we’ve developed a free online course to help you manage the financial impacts of this crisis. This is for anyone who is already feeling some financial implications, is worried they might be impacted, and anyone who isn't sure if they should be worried financially.
Remember, we’re all in this together.
Meredith is a Philadelphia native with a bachelor’s degree in Integrated Marketing Communications from Duquesne University and has worked in digital marketing for over seven years. She’s passionate about writing to women to help them feel more confident in their financial lives.
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