Strategies for Managing the Stress of a Financial Crisis

Almost every one of India has experienced agony of a financial crisis at one time or the other. Let's face it a financial crisis is very hard and it often leads to mental tension and depression. These days money related tensions are at a rise. How many out of us ever thought why we got into such situation which leads us to such a position?

You surely need something for your living, may be less or more. However getting trapped into financial disaster is not only limited to less earners but even a person who earns a handsome amount may encounter such situations.

You must have often felt that you earned a lot of money this month but after paying your bills and fulfilling other needs you are still falling short. You are left with nothing extra to fulfill your pending desires.  There you get into financial stress. You hold your head and start thinking that you have spending wisely then why it is getting difficult to make both ends meet.

Yes we agree that you have been spending wisely throughout the month but there must be something that must be missing. May be a good amount of your money have been leaking from your kitty without letting you to notice it. It may be very small amounts which you let go unintentionally.

If you closely pay attention to such small leakages in your kitty, you surely will be in a position to avoid financial crisis.

You need to clearly differentiate between your wants and needs. Remember needs have to be fulfilled immediately whereas wants can be carried forward for some time. Void the temptation and never try to get a thing on the basis that others are having it. Be yourself and have your own individual personality. When you have disciplined yourself you will not be tempted by your desires. As a result you will never be trapped into financial crisis and surely no more financial stress.

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