Tuesday, January 4, 2022

Take care of your mental health. You cannot make good financial decisions when you are not in a good place mentally.


Poor mental health can make earning and managing money harder.


You may lack motivation and discipline to manage your finances, avoid checking your bank account, overspend, or make impulsive financial decisions.


These tendencies can then worsen pre-existing mental health conditions, leaving you stuck in a vicious cycle.


If your mental health affects your ability to make good financial decisions, plan ahead and have a trusted person help you think through your decisions and behavioral patterns.


Make simple changes to how you live and manage your stress each day.