Introduction
Hey there! If you’re a recent university graduate, aged 22-25, you might be feeling a bit overwhelmed with your finances, especially after stepping into the world of work and receiving your first salary. It’s a lot to handle! You’re not alone—many young adults feel a mix of excitement and anxiety when it comes to managing money.
In this article, we’re going to explore what financial therapy is, and I’ll outline 7 signs that might indicate you could benefit from it. By recognizing these signs early on, you can reduce financial anxiety and start building healthy financial habits that will serve you well in the future.
1. You Feel Constantly Overwhelmed by Money
It’s totally normal to feel a bit stressed when thinking about bills, student loans, and budgeting. However, if you’re feeling constantly overwhelmed to the point where just checking your bank account causes anxiety, it might be time to seek help. It’s like being stuck in a rollercoaster—exhilarating for some, but terrifying for others. A financial therapist can help you navigate those highs and lows.
2. You Avoid Talking About Money
Do you dodge conversations about money with friends or family? If discussing finances feels more like a burden than a normal part of life, it’s a sign that financial fears are taking control. It’s important to have an open dialogue about finances, just as you would about your favorite shows or weekend plans. Financial therapy helps you build confidence in expressing your feelings about money.
3. You’ve Developed Negative Money Habits
Maybe you’ve noticed yourself spending recklessly to cope with your feelings or falling into the trap of “retail therapy.” If you find that your money habits are creating more stress than joy, it’s time to revisit your relationship with finances. A financial therapist can guide you in building positive habits that lead to a healthier mindset.
4. You’re Fearful of Financial Decisions
Do you feel paralyzed when faced with financial choices, like whether to invest in a savings account or pay off student loans? It might feel like standing at a fork in the road, unsure of which path to take. If making decisions brings on fear and doubt, a financial therapist can offer support and strategies to help you feel more empowered and informed about your choices.
5. You Have a Pattern of Financial Disappointments
If you’ve found yourself repeatedly saying, “I’ll never get ahead” or “I always mess up my budget,” it indicates a pattern of disappointment that can weigh heavily on your mind. This isn’t just about money; it’s about your well-being. A financial therapist can help you break this cycle and set achievable financial goals that feel more within reach.
6. You’re Experiencing Major Life Changes
Transitioning to a new job, moving out, or dealing with unexpected expenses can shake up your financial stability. Major life changes can trigger stress, similar to finding yourself on a bumpy road. If you feel lost or uncertain about how to navigate these changes financially, a therapist can help you establish a roadmap for your financial journey.
7. Your Financial Worries Affect Your Daily Life
If your money concerns keep you up at night or prevent you from enjoying social activities, it’s time to address these worries. Financial stress doesn’t just impact your wallet; it can affect your relationships and overall happiness. Seeking financial therapy can provide you with tools to manage your worries, just like having a reliable umbrella for those rainy days.
Conclusion & Call to Action
Recognizing these signs can be the first step in transforming your relationship with money. Remember, seeking financial therapy is not a sign of weakness; it’s a bold move towards empowerment and self-care.
Here are the key takeaways:
- Feeling overwhelmed, avoiding discussions, and experiencing negative habits are signals that suggest you might benefit from financial therapy.
- It’s important to have support during significant life changes and when facing daily stresses related to finances.
Take a moment today to reflect on your feelings about money. One small, actionable step you can take right now is to jot down your current financial goals, whether it’s saving for a trip or managing student debt. Writing them down makes them real and gives you a sense of direction.
You’ve got this! Remember that every small step you take brings you closer to feeling confident in your financial journey.
