Episode 35: Managing Money and Mental Health

KEY TAKEAWAYS:

  • Financial wellness is directly tied to mental health wellness. If you’re stressed about money, it takes its toll on you.

  • Putting pen to paper and writing down your debts and bills can help you organize what you owe every month, and gives a more clear pictures of where you’re at and what you can spend on.
  • Calling your lenders is important, especially if you’re delinquent on payments. It seems scary because you may fear you’re in trouble, but by calling and setting up a repayment plan that works for you is exactly what the lender wants anyway.
  • Asking for a lower balance due or a lower interest rate is okay! It never hurts to ask, the worst thing you’ll hear is no.
  • Automatic payments help to relieve pressure off you and your budget. You don’t have to worry about making a late payment if it’s already set up for you. Consider a free checking account to get your pay check direct deposited into, and set-up bill pay here at GHS.
  • GHS is here to help with any questions concerning your accounts and managing your money goals! Stop in to a branch or call us if you need us at (800) 732-4447.