Three Ways to Cope When Financial Stress Affects You at Work

December 28, 2017

If your work has ever suffered as a result of financial stress at home, you’re not alone.

According to one survey, 37 percent of employees reported that personal finance issues had been a distraction while on the job at least once in their careers. So how do you perform at your professional best and successfully navigate financial challenges at the same time? Check out these three tips:

1. Review Your Financial Situation

First of all, try to remember that you are in charge of your finances. If an issue related to employment is the cause of your stress, focus on the positive steps you can take to improve your situation.

For example, if you’re not making enough money, consider looking for a higher-paying job, or find out if you’re eligible for a raise at your current company. If neither of these options are realistic, start a side hustle. Whether it’s driving for a ride-share company, or turning a particular skill into a source of part-time income (e.g., graphic design), you may have more options than you realize.

2. Prioritize Projects at the Office

Often, you can de-stress your life by creating structure. So if you’re feeling overwhelmed at work as a result of your finances, make a simple list of projects in order of importance.

This is especially useful if you juggle multiple responsibilities and tight deadlines. Creating a list of priorities can put things in perspective and re-focus your efforts on the job.

3. Talk to a Financial Coach

If overcoming financial hardship on your own seems impossible, you can always reach out to a Certified Financial Coach. A trained professional can show you how to manage your debt, organize your finances or simply create a budget that works. The newfound financial confidence can reduce stress, and improve productivity at work.

Admitting you need help with your finances is hard, but if your work suffers as a result of trying to resolve the problem on your own, consulting a professional may be worth it.