When American families are polled, one of the top answers given as a major stressor in a marriage is money.
It is often a key point of tension that leads to many divorces.
Singletons don't have it much easier.
Without a trusted partner to run financial decisions by, singles might find their financial state in a downward spiral.
The following tips for managing financial stress can help get you back on track to fiscal independence.
Financial pressure can seem like chasing the Holy Grail.
How can you break it down into manageable tasks to start loosening the money knot? Get rid of your ATM card.
What was created as a convenient way to get cash fast is now the source of a lot of lost dollars in your checking account.
Not only do many vendors charge a fee to use your debit card to pay for merchandise at the point of sale, but you can withdraw cash anytime you want to.
This paves the way for irresponsible spending and finances that are hard to track.
If you lose your ATM slip and forget to record it, you may find yourself paying hefty and unnecessary overdraft fees.
Decide how much petty cash you need and give yourself a weekly allowance.
If you run out of petty cash, you'll have to wait until next payday.
It may feel uncomfortable to give up your ATM card, but you can replace it with a credit card that works with your spending habits.
For example, if you have a growing family, you may spend a lot of time shopping at a wholesale club.
These clubs often offer credit cards that pay you back.
Use this credit card for grocery purchases, prescriptions and clothing items.
The statements will help you track your spending and your reward will get larger and larger.
You may find yourself with a check for $40 towards your next purchase at the wholesale club.
And don't forget to take advantage of the valuable coupon books these establishments give out.
Taking an active role in monitoring your spending habits is a great strategy for releasing stress.
The highly-technical world that you are living in is designed to give you instant gratification, as in the ATM card example.
Giving yourself a weekly allowance and tracking your spending habits through statements gives you a glimpse of your financial situation in black and white.
The more informed you are about your own financial situation, the easier it is to control it.
In addition, other techniques to help with beating stress is setting goals, self-talk, exercise, and eating healthy.
For even more tips visit http://www.
beating-stress-now.
com
It is often a key point of tension that leads to many divorces.
Singletons don't have it much easier.
Without a trusted partner to run financial decisions by, singles might find their financial state in a downward spiral.
The following tips for managing financial stress can help get you back on track to fiscal independence.
Financial pressure can seem like chasing the Holy Grail.
How can you break it down into manageable tasks to start loosening the money knot? Get rid of your ATM card.
What was created as a convenient way to get cash fast is now the source of a lot of lost dollars in your checking account.
Not only do many vendors charge a fee to use your debit card to pay for merchandise at the point of sale, but you can withdraw cash anytime you want to.
This paves the way for irresponsible spending and finances that are hard to track.
If you lose your ATM slip and forget to record it, you may find yourself paying hefty and unnecessary overdraft fees.
Decide how much petty cash you need and give yourself a weekly allowance.
If you run out of petty cash, you'll have to wait until next payday.
It may feel uncomfortable to give up your ATM card, but you can replace it with a credit card that works with your spending habits.
For example, if you have a growing family, you may spend a lot of time shopping at a wholesale club.
These clubs often offer credit cards that pay you back.
Use this credit card for grocery purchases, prescriptions and clothing items.
The statements will help you track your spending and your reward will get larger and larger.
You may find yourself with a check for $40 towards your next purchase at the wholesale club.
And don't forget to take advantage of the valuable coupon books these establishments give out.
Taking an active role in monitoring your spending habits is a great strategy for releasing stress.
The highly-technical world that you are living in is designed to give you instant gratification, as in the ATM card example.
Giving yourself a weekly allowance and tracking your spending habits through statements gives you a glimpse of your financial situation in black and white.
The more informed you are about your own financial situation, the easier it is to control it.
In addition, other techniques to help with beating stress is setting goals, self-talk, exercise, and eating healthy.
For even more tips visit http://www.
beating-stress-now.
com
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