Results Are In… Money Stress Tops The List

In a recent survey done by Financial Planning Canada, they asked people what their #1 stressor was…can you guess what it was? Money! 40% of the respondents…followed by personal health (23%), work (16%) and relationships (17%). The good news is that across the board, people felt more confident in their financial future and lost less sleep if they were working with a financial planner. Everyone reading this can give themselves a pat on the back.

Feeling less stress and getting better sleep, those are definite advantages to your longevity. Sleep is actually linked to a longer life and a host of other benefits to your body. When you are sleeping, your body is repairing itself, growth hormones are released, your brain is cleansing itself and preparing for the day ahead. Deprive yourself of sleep for just one day and you'll notice a massive difference in your mood, creativity, social skills, and decision making.

Everyone has heard the age-old wisdom of getting 7-8 hours of sleep but don't forget that a consistent schedule is also important. Our bodies are creatures of habit and there are many cycles to our sleep – light, deep, REM. Disrupt these cycles with varying bedtimes or a few alcoholic cocktails right before bed and your quality of sleep rapidly declines.

Andrew Huberman of Stanford Medicine had this to say about the benefits of getting 7-8 hours of sleep:

Best nootropic (cognitive enhancer): sleep

Best stress relief: sleep

Best immune booster: sleep

Best emotional stabilizer: sleep

Best trauma release: sleep

If you're interested in some of his tips for sleep, how to fall asleep and how to stay asleep, navigate to his website below. He has a wealth of other topics covered as well and does not skimp on the details. https://hubermanlab.com/toolkit-for-sleep/

We can't eliminate all the money stress in your life, it will always be there and it is more important how we manage stress. We manage financial stress with a plan, we test that plan and most importantly, we revisit the plan to ensure you're still on track. Uncertainty creates stress and having a plan is an essential part to being in control of your situation.

If you're experiencing money stress or you know someone that is, please reach out and see how we can help.

"There will be plenty of time to sleep when you are dead" – Benjamin Franklin

"Lack of sleep is only bad if you have to drive, or think, or talk, or move" – Dov Davidoff