3 ways saving money can boost your mental health
It can reduce symptoms of stress
Sticking to a budget helps us feel in control of our money. Instead of compulsively buying things all the time, we know what our spending priorities are. A budget helps you control how much you’re setting aside for savings and retirement, and lets you know where you stand with those goals. Feeling in control helps people relax — instead of constantly worrying if they have enough money to make it to the end of the month.
Budgeting can help you not overextend yourself
Not overextending yourself financially can help you not overextend yourself emotionally. Saying “no” to plans and obligations can be hard to do, but taking on too much can lead to burnout, which can be taxing on your health. Saying “There’s just no room in my budget this month” can help you feel more engaged in the healthy self-care practices you do decide to spend your time (and money) on.
Budgeting can help you build the life you wish to live
When you have a budget that reflects your personal values, it can go a long way toward making you feel happier. As opposed to spending money out of impulse on things you don’t use, you can choose to cultivate a simpler, more minimalist lifestyle that reflects your goals. For example, if you want to spend more time with yourself, perhaps you could say no to frequent drinking sessions or weekly parties.
How can you improve your mental health when dealing with money concerns?
We understand that emotional support during difficult times is paramount. For this reason, our team of psychotherapists are here for you anytime you want to get in touch with someone.
SupportRoom offers flexible mental health support for employees in the form of online therapy, self-help tools, and wellbeing monitoring. Besides, it helps leaders identify mental health trends in the workplace with data-driven insights. This way, you can implement changes and mental health initiatives knowing exactly what’s going on behind the scenes.
How SupportRoom can help
SupportRoom is a digital behavioural technology healthcare company. Our platform connects individual clients with a network of licensed therapists through an easy to use and HIPAA-compliant, web and mobile platform.
With SupportRoom clients can send text, videos and voice messages anytime and from anywhere. All our therapists are fully qualified and offer confidential, convenient online therapy. Get access to therapy, wherever & whenever you need it. SupportRoom’s mission is to make therapy available, affordable and provide ongoing support for all.
You can find out more information about SupportRoom here.
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