Oh My Dollar!

Money when Depressed


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When you’re depressed, it can be hard to get off the couch, let alone worry about your budget. Lillian shares some tips for handling your personal finances when you’re depressed.

  • Set things on autopay. Ask a friend (or even me) to sit with you while you get everything on autopay.
  • Don’t focus on on your money (especially things outside of your control) after you get things on autopay. Anxiety over 401Ks.
  • Consider implementing a cash budget in some categories to prevent impulse spending – especially for substances or whatever addictive behavior (food, clothing shopping, nicotine, etc) you fall into when depressed.
  • Spend money on the things you need to recover and take care of yourself – easymac, grocery delivery, therapy, drug co-pays, yoga class – whatever the things you need to get better.
  • If you are considering hurting yourself, or just need someone to talk to that won’t judge you, you can call the National Suicide Prevention hotline at 1-800-273-8255  any time of day and talked to trained, caring folks.

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    Oh My Dollar!By Oh My Dollar!

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