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Day 8: If money is causing you anxiety, tune in now

24.6K views
•
March 23, 2020
by
Mel Robbins
YouTube video player
Day 8: If money is causing you anxiety, tune in now

TL;DR

Learn how to lower your anxiety about money and take proactive steps to secure your financial stability during the COVID-19 pandemic.

Transcript

awesome good morning how are you I'm Mel Robbins I am the author of the five-second rule it's in 32 languages all displayed behind me I'm also the host of the daytime syndicated talk show the Mel Robbins show I just want to get a quick shout out this is our team from the Mel Robbins show shot at CBS broadcast Center just before they evacuated the b... Read More

Key Insights

  • 🤑 Accepting the new normal and facing anxiety about money is crucial during the COVID-19 pandemic.
  • 😘 Gathering facts on your financial situation, being proactive, and seeking relief options will help lower anxiety.
  • 🤩 Objectivity is key in making necessary cuts and seeking help from resources such as the "Stay Connected with Mel Robbins" Facebook group.

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Questions & Answers

Q: How can I lower my anxiety about money during the COVID-19 pandemic?

Lowering anxiety about money begins by accepting the new normal and facing your fears by gathering facts on your financial situation. By being proactive and cutting unnecessary expenses, seeking relief options, and checking your ego to ask for help, you can regain control and reduce anxiety.

Q: Where can I find help and support if I don't have a strong support structure?

The speaker recommends joining the "Stay Connected with Mel Robbins" Facebook group, where a supportive community shares resources, tools, and inspiration to navigate challenging times. The group offers a virtual support system and a place to connect with others facing similar struggles.

Q: What steps can I take to secure my financial stability during this time?

It is important to face your financial reality by gathering facts on your income and expenses, then move from feeling paralyzed to being proactive. Contact providers to cancel unnecessary subscriptions, negotiate bills, seek relief options, and find ways to generate income if possible. Checking your ego, being objective, and asking for help when needed are crucial steps.

Q: How can I find employment during the pandemic?

Some industries, such as Walmart, Dollar Tree, Amazon, Domino's, and grocery stores, are actively hiring temporary or permanent workers. Exploring online job boards, podcasts on financial advice, and local resources can help you find opportunities and support.

Summary & Key Takeaways

  • This live broadcast discusses the importance of facing anxiety about money during the pandemic and offers five steps to take control of your financial situation.

  • The speaker emphasizes the need to accept the new normal and assess your financial reality by gathering facts on expenses and income.

  • The broadcast highlights the importance of being proactive and contacting providers to cancel unnecessary subscriptions, negotiate bills, and seek relief options.

  • The speaker advises individuals to leverage objectivity and check their ego by treating their financial situation as if it were someone else's, allowing them to make necessary cuts and ask for help when needed.


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