Economy and Depression

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stkitt
Forum Moderator


Date Joined Apr 2007
Total Posts : 32602
   Posted 1/11/2009 10:09 AM (GMT -7)   
Dear Family,
 
I have seen more then one post re the economy and loss of jobs, houses, feelings of depression as members do not know where to turn so I decided we should have a thread on dealing with the economy in 2009.
 
Economy

America's financial crises is fueling chronic stress and limiting some people's ability to think clearly, control emotions and regulate bodily functions in a healthy manner.

Now is the time to take control of emotions and better regulate the mind-body stress response.

Productive worry is thinking on situations you can control, and you should use productive worry to take actions that reduce stress and relieve anxiety.

Unproductive worry is thinking about things you cannot control,"

Take a break. Don't saturate yourself with stressful information. Stay informed, but take a news break. Most people don't need to track the markets minute by minute."

Stay connected. Don't let the rest of your life dwindle away. Make sure you are paying attention to daily activities: family, friends, social occasions and recreation.

America's financial crises is fueling chronic stress and limiting some people's ability to think clearly, control emotions and regulate bodily functions in a healthy manner.

Now is the time to take control of emotions and better regulate the mind-body stress response.

Productive worry is thinking on situations you can control, and you should use productive worry to take actions that reduce stress and relieve anxiety.

Unproductive worry is thinking about things you cannot control,"

Take a break. Don't saturate yourself with stressful information. Stay informed, but take a news break. Most people don't need to track the markets minute by minute."

Stay connected. Don't let the rest of your life dwindle away. Make sure you are paying attention to daily activities: family, friends, social occasions and recreation.

Feel free to post your issues, problem solving ideas, whatever you feel you need in this thread.

Bless each of you
Kitt


 

Kitt, Co-Moderator: Anxiety/Panic & Depression
&  Moderator GERD  Forums

*~*
http://www.healingwell.com/donate *~*
Not a mental health professional of any kind
Peace does not dwell in outward things, but within the soul
Clickable Link: Anxiety-Panic Resources


getting by
Forum Moderator


Date Joined Sep 2007
Total Posts : 40568
   Posted 1/11/2009 10:21 AM (GMT -7)   

I feel really sad when I read about people losing their jobs and their homes due to this financial crisis.  I just want to add that with our new president things could very well get better, but it might take some time.

So work on the things that you can do, don't stress about the things that you can't do anything about.  That only makes us sink deeper into depression.

I hope all of you are doing well and have a roof over your head and food on your table.  These are hard times, but all we can do is be there for eachother to help in some small way.  Encouragement...

Take care all,

Hugs, Karen


  Moderator-Depression and fibromyalgia
 
fibromyalgia, Chronic fatigue, depression,allergies


Aurora60
Veteran Member


Date Joined Jul 2006
Total Posts : 1249
   Posted 1/11/2009 1:48 PM (GMT -7)   

Karen and Kitt are right about how hard things are right now.  A few suggestions on how I am dealing with this bad economy.  I don't have a job right now but have been looking for some tiime and know that it may not happen for a while.  What I am doing to conserve my resources is I am not purchasing anything that is not a necessity.  For me that means buying only groceries for my family.  Keep your thermostat down as low as you can stand.  This will save on heating bills.  Wear sweaters and pile on the blankets.  Turn off any lights you are not using in a room.  Only have a light on when you need it.  Pay cash for the things you need to buy. If you use a dishwasher only run it full, once a week. And skip the dry cycle - it uses a lot of energy.  Put away those credit cards and if you have debt try to pay it down. And don't be late or skip a payment as the credit card companies will punish you with late fees and raise your interest rate.  They may also lower your line of credit. And don't cancel your cards as this will lower your credit scores which you need to keep up if you should ever need to get a loan. Many people have wanted instant gratification in the past and have lived beyond their means.  Learn to live with what you have. The economy will eventually turn around and if you conserve now you will be in good shape when things improve.  Just don't go back to old bad habits. Also, try to get out a few evenings or weekends and do something fun that is low or no cost.  If you want to see a movie go to the earliest show as the tickets are always lower.  If you like to read get your books from the library.  You can even read the newspaper at the library. These are just a few suggestions.  Hope it will help you to get by.

Aurora


getting by
Forum Moderator


Date Joined Sep 2007
Total Posts : 40568
   Posted 1/11/2009 2:02 PM (GMT -7)   
Aurora,

Those are some pretty good tips. Thanks. It is true, the economy is bad. Things could get worse before they get better. It is sad, but it is the way that it is right now.

Good topic Kitt,

I think this is something that we all need to think about. But not stress and worry. Prevention is the best cure in this matter. I think we all can make it.

Hugs, Karen
  Moderator-Depression and fibromyalgia
 
fibromyalgia, Chronic fatigue, depression,allergies


Tirzah
Veteran Member


Date Joined Jul 2008
Total Posts : 2279
   Posted 1/11/2009 2:17 PM (GMT -7)   
hee, hee.... I have a kinda funny story about that article you posted. My HR Dept. had this brilliant idea that they should send it out to all employees to help with stress management. Thing is, I work for an investments company. In order to complete necessary trades required for doing our jobs we have a constant barrage of information from wires, tickers, televised financial news sources, emails, phone calls & other contacts. Not really sure how to reconcile those two. It was pretty silly. lol

The one thing that our top managers did that really helped was making a point to meet with everyone at least a few times a week to talk about what was RIGHT with the economy, our company & certain personal financial issues that were common to many of us. There are a million problems out there, most of which we can't fix, but there are also good things to focus on. We celebrated days when we lost the least of all the big financial institutions (who could've imagined celebrating a loss, but these are tough times, right?). We celebrated days when someone gained a small victory. It was really a brilliant strategy for motivating people in the workforce.

I think the same can also apply to our personal lives. We need to take time to celebrate the little victories: developing a payment plan, finding a way to save money on groceries, renting a movie from the library instead of going to Blockbuster, paying an extra $5 on one of our credit cards. There are things going right in this world & it does take effort to find them, but somehow life seems a little more bearable when we make the effort to look for positives rather than just giving in to all the negatives.

Anyways, not to try to take over this thread, but maybe besides sharing ideas, if people have good news to share about financial victories, we can celebrate them here (just a thought).

As for me, I went to Oprah.com & downloaded Suze Orman's new book about finance (it's free this week) and started lining up everything and setting priorities. Oh man, I get excited just thinking about the day when I will be debt-free and have a bit of savings in the bank. :)

getting by
Forum Moderator


Date Joined Sep 2007
Total Posts : 40568
   Posted 1/11/2009 2:28 PM (GMT -7)   
Good post Frances,

You are right, we have to celebrate the little victories instead of dwelling on all of the bad things. We need to learn to appreciate the good in our lives.

Hugs, Karen
  Moderator-Depression and fibromyalgia
 
fibromyalgia, Chronic fatigue, depression,allergies

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