Practical Ways to Form Healthier Mental and Monetary Behavior Patterns
Last updated :  | By Tracy Alston

Practical Ways to Form Healthier Mental and Monetary Behavior Patterns; Getting Back in Control – Money & Mindset (PART 2/4) | MFM 45 RADIO SHOW WSIC 105.9FM #25

To start with practical ways to form healthier mental and monetary behavior patterns, it’s important that people really begin to realize that money and mental health are often linked.  Money doesn’t equal happiness, but it can have a huge impact on different areas of our life, including mental health…

Poor mental health can make managing money harder and worrying about money can make your mental health worse right…

Examples of how your mental health and your money worries might affect each other:
  • If you cant work or have to take time off work, your income may be affected
  • Money problems can affect relationships and your social life, which can have a knock-on effect on your mental health
  • Being in debt may make you feel stressed, anxious and worried about the future
  • You may feel forced to do a job you don’t like in order to pay the bills or pay off debt
  • You might feel anxious about doing things like talking on the phone, going into the bank or opening envelops
  • Life feels out of control
  • You’re more likely to avoid problems
  • Self-esteem plummets
  • Energy levels decrease
  • Unhealed wounds may come back to haunt you
The impact can be seen :
  • Financial stress can negatively impact cash flow and it can also negatively affect physical and mental health
    • 75% of the U.S. adults live with the so-called stress brain, which is a situation in which they’re stressed out all the time. Stress affects financial decisions and further complicates things
    • Research shows that individuals with depression and anxiety were 3 times more likely to be in debt
  • Money and relationships
    • You may find it hard to rely on your partner for money when not feeling well
    • You may find it difficult to talk to your partner
    • You may feel anger or frustration 
  • Loneliness
  • Self-esteem
The solutions

Now that we see and understand that money and mental health go hand in hand, we have to begin to take a look at things in our immediate control.

We may can’t change the amount of money coming in or going out right now, but we can begin to create a plan to improve our mental health and make better monetary decisions since there is evidence that people who feel better make better choices and decisions with money

Pay attention and begin to understand your behavior and taking care of your body with adequate sleep, exercise, nutrition and socialization with supportive people.

  1. Think about when you spend money and why: do you spend more when you don’t feel well or under more stress
  2. Get moving: Mental and physical health are close. Exercise and physical activity release feel-good hormones that make you feel betting in yourself and gives you more energy. Improves self-esteem, reduces the risk of anxiety and depression and improves sleep
  3. Sleep
  4. Eating healthier: Begin to explore the relationship between what you eat and how. Stay hydrated
    1. Eating the right facts. Your brain needs fatty acids such as omega 3. Healthy fats are found in 
The Result: What can you expect?

While there are no quick fixes, we expect this series to coach you towards the following results:

  • A clear understanding of how your thoughts, affect your emotions and therefore your actions. Getting control over your mindset, helps you get in a stable place emotionally, which leads to better decisions and behaviors when it comes to your finances.
  • A more positive outlook of your mental and financial future
  • An improved financial snapshot
  • The start of better behaviors and habits to keep you from the patterns that have blocked your progress. 
  • A purpose or at least the start of defining your purpose and calling as it pertains to the way you see yourself and handle your money
Call to Action

If you feel like these are areas that you have struggled for a long time, and you need some more specific help, that’s why we’re here. Whether it issues around your finances or mental barriers that you need to get over, reach out.  We’ve all needed help from professionals in many areas of our lives, but that initial step can be intimidating.  We offer a no cost assessment or consultation to help you identify what essential and helpful for you to take back the peace and control.  

About Tracy Alston

Tracy Alston, a Mental Fitness Consultant is a licensed professional counselor and board-certified in Biofeedback and Neurofeedback. Tracy is the Founder and CEO of two companies located in Mooresville, N.C., New Mentality, P.C., and Mental Edge Fitness Solutions, Inc. Tracy’s passion is creating strategies and solutions for improving mental health and mental fitness.

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