Staying in the Black
Stay in the Black is dedicated helping teachers get their money straight and live their fullest life on a public servant salary Are you a teacher living check to check? Are you worried about your student loans? Can you afford to purchase a home? Can you afford to have children or send them to college? In this podcast we will cover pensions, student loans, side hustles and ways to maximize and expand your finances. We will also cover budgets, saving, credit and more! You will find information, interviews, book reviews and you will leave with action steps to help you Stay in the Black, for more go to stayingintheblk.com
Staying in the Black
Money and Mental Health
•
Ms. Black
May is Mental Health awareness month
Questions to ask yourself to recognize spending patterns
- How do you feel when you make a purchase?
- What feelings do you experience when you need to make a big purchase?
- Are there moments in time where you’re more likely to spend money?
- Are there moments in time where you’re less likely to spend money?
- How comfortable do you feel talking about money?
- How often do you check your bank account? How does it make you feel?
- What aspects of coping with money and mental health make things worse? (i.e. opening a bill in the mail, online banking, paying rent every month)
Tips to reduce the impact of financial stress on your mental health
- Make one decision at a time.
- Create (and stick to) a budget/ spending plan
- Monitor your spending.
- Pinpoint your financial stressors.
- Recognize the emotions you feel related to money.
- Implement healthy coping mechanisms into your mental fitness plan.
- Seek the support of a coach.
- Talk to a trained mental health professional.
If you’re living with a mental health condition, feeling symptoms of mental illness for the first time, or maybe you’ve noticed your symptoms are worsening with the impacts of your financial situation; talk to a doctor or trained mental health professional.