eature iage We’re experiencing the highest inflation in decades. Groceries, utility bills, and new cars all seem more expensive right now. In addition to inflation, some experts have warned of a possible recession next year, making us even more concerned about the uncertain future.
Stress is in the air right now. You are not alone if you’re anxious about inflation. As Vassar College professor Michele Tugade noted, 87% of respondents in an American Psychological Association poll listed inflation as a “significant stressor” in their lives.
And how could it not? It’s stressful to lose money, whether it’s from layoffs or rent hikes. Mental health advocate Dior Vargas says money equals safety for many people. Economic security brings comfort in case of emergency. You’ll probably be able to survive and still enjoy your standard of living, Vargas said.
When fears of job loss or increased rent loom, it’s easy to worry. Here’s what you can do if you’re feeling stressed about inflation or a possible recession.
Prioritize Social Connections.
Connecting with others is one of our greatest strengths, Tugade said. Find ways to communicate with others rather than withdrawing into isolation. There is no requirement for in-person connections. Facetime, Zoom, phone calls, and texts are all ways to connect with loved ones.
We underestimate the importance of reaching out to others. As a result, any stress triggers, financial or otherwise, will be balanced out by building community.
Try Journaling
When stressed, Vargas writes in her journal. She described it as a way to separate herself from her feelings. Journal if you’re anxious. When you write, you can focus on the emotions you’re feeling at the time. Vargas noted that we can bottle up our feelings. Combat that by journaling.