January 12, 2020

QUESTION:  What is the number one cause for stress?

ANSWER:   Money continues to be the leading cause of stress for Americans, a new survey finds.  Financial worries served as a significant source of stress for sixty-four (64%) percent of adults in 2014, ranking higher than three other major sources of stress: 1.) work sixty (60%), 2.) family responsibilities forty-seven (47%) percent and 3.)  health concerns forty-six (46%) percent.  Nearly three out of four adults reported feeling stressed about money at least some of the time, and about one in four adults said they experienced extreme stress over money during the past month, according to the report.

Let’s look at additional data provided to us by the American Institute of Stress.  (I found it very interesting that there was a body of individuals addressing and keeping track of stress in America. That really tells us something.)

The bottom line: we live with stress on a daily basis, at least most of us and the major cause seems to be money.  Do I have enough to retire comfortably?  How can I pay off my credit cards, student loans, equity mortgage, can I cover an emergency with enough cash without using cards?  All stress risers.  Take a look at the charts below to get a feel for where we are in this country.

According to CNBC News:

 Most people would be in a bind if they missed even one paycheck. Just forty (40%) percent of Americans could pay an unexpected $1,000 expense, such as an emergency room visit or car repair, with their savings, according to a survey from Bankrate.

OKAY, enough of that, you get the picture.  Now, how do we rectify or mitigate this situation?  Just what do we do?  Well, I have discovered an incredible pod cast that just might help.  CALM CASH.  This is a marvelous pod cast that zeros in on methodologies to manage and control the money we make regardless of how much that is.  The author, Ben Jackson, asks us to take the fifty-dollar ($50.00) challenge over the next seven (7) days.  He also presents several very interesting web sites and apps that can aid our efforts relative to that challenge.  Have you ever heard of the following?

  • SallieMayBank
  • Acorn

I had not, but have already started the process of exploring each.

In Ben’s second pod cast he discusses “The Best Time to Ask for a Raise”.   I was amazed at the strategy presented and the pre-planning needed to step up and ask for a meeting with your supervisor.  You don’t just walk in and ask for a raise.  If I had only known this information twenty (20) years ago it would have helped—big time.  I had never considered all of the various elements needed to convince your boss you are worth what they might pay you.  My experience tells me we sometimes find out what our peers make, we get furious, march in and proceed to make a complete fool of ourselves.  Ben has a better idea. 

The bottom line—you really need to listen and subscribe to this new pod cast.  It’s a real winner and may be found at (    The Instagram account is (@calmcashpodcast).  Ben will be posting a new episode each week.   I definitely recommend you listen each week to discover how to calm your nerves and cash into sources available to you from someone who knows.  He has been there—done that.

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