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Overwhelmed by Money? Here’s How to Tackle Financial Stress

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3 MIN. READ
 

Money matters can feel like a never-ending source of stress. Whether you’re saving for school, planning for retirement, or just trying to stay afloat, financial worries don’t discriminate. You’re not alone—over 70% of people report that money is their #1 stressor.

But here’s the good news: you can take control of your financial stress. By breaking it down into manageable steps, you’ll be well on your way to financial clarity and peace of mind. Let’s dive in!


1. Start with Clarity: Take Inventory

The first step in conquering financial stress is understanding exactly where you stand. Sit down and list out your income, expenses, and any debts. This might seem overwhelming at first, but knowledge is power. By seeing the full picture, you can begin to identify areas where you can cut back, save, or make changes.

Pro Tip: Use a budgeting app or a simple spreadsheet to track your financial habits. Power Financial Credit Union offers a free Money Management tool in our Mobile App and Online Banking so you can control all your financial information from one place. Regularly monitoring your financial activity is a game-changer for creating clarity and accountability.
 

2. Don’t Be Afraid to Ask for Help

You don’t have to figure it all out on your own. There are so many resources out there—apps, books, and financial advisors can provide valuable guidance and tools.

If you’re looking for a trusted partner, Power Financial Credit Union offers a free Financial Wellness Review. This personalized session pairs you with a trusted advisor who takes the time to understand your financial situation, explore ways to save you time and money, and create a customized action plan tailored to your goals. Imagine the relief of having a clear path forward!
 

3. Make a Plan—and Stick to It

Once you’ve taken stock of your finances and sought guidance, it’s time to take action. Create a realistic financial plan that aligns with your goals. Whether it’s reducing debt, building up savings, or managing everyday expenses, the key to success is consistency.

Track your progress regularly and make adjustments as needed. Discipline and commitment will pay off over time, helping you reduce financial stress and get closer to your goals.
 

Take Control of Your Financial Future

Money stress doesn’t have to rule your life. By taking these simple steps—gaining clarity, seeking advice, and committing to a plan—you’ll not only reduce stress but also build confidence in your ability to manage your finances.

Ready to take the first step? Consider scheduling your free Financial Wellness Review with Power Financial Credit Union today and start turning your financial goals into reality.

Your future self will thank you!