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How to Deal With the Constant Stress of a Battered Economy: Eight of Ten Americans Stressed About Money, Economy
Home :: Business :: Management
By: John Schinnerer Email Article
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Which comes first – fear or economic chaos? Companies as varied as Yahoo, American Express, and Time Inc. are laying off employees. Corporate profits are dropping. The stock market is in a chaotic panic. Housing prices have plunged. Consumer debt is on the rise. The U.S. economy is in a full blown recession, and possibly, a depression.

Money and the economy are at the top of a long list of stressors for Americans as reported in a recent study by Harris Interactive and the American Psychological Association (October, 2008). Eighty percent (80%) of Americans are stressed about the state of the economy.

So how do you manage the unyielding stress that comes with difficult economic times?

Identify Fear, Anxiety and Stress

The first step to overcoming stress is to correctly identify it. When you are afraid, your blood gathers in the large muscle groups such as those in your legs, preparing your body to flee. Your body freezes for a moment to gauge your possible reactions such what is the quickest escape route. The brain sounds the alarm to put your body on alert, making it edgy and ready for action. Accompanying this is an overwhelming flood of anxious, fearful thoughts which seem to be uncontrollable. This intense cycle of fear and worry can paralyze you. It also paralyzes the rational mind, making it difficult to think clearly.

Fear and stress are closely linked. When fear is sparked, the emotional brain begins its dance of anxiety, forcing the brain to focus on the perceived threat. The fearful mind spins in an endless loop of negative thoughts. Fear lies at the heart of all stress.

Stress is Constant, Low Level Fear

Stress is fear stretched out over time. It is the general alarm reaction sounded by the nervous system when you perceive that a demand is being made on you that you cannot handle. Once the alarm has focused your attention, the negative thought spirals, the racing heart, and the muscle tension are of no further assistance to you. On the contrary, long-term stress causes damage to your body on a number of levels – difficulty thinking clearly, damage to arteries, killing brain cells, and limiting the number of options open to you.

On the bright side, stress and fear can be managed depending on how you approach them.

Nothing is more important right now than learning to manage your stress – the fate of the entire world may depend on a critical mass of people staying calm and overcoming stress.

Turn Off the Alarm

Once the stress is identified, the second step is to turn the alarm off. This is done through exercise, deep breathing, meditation, prayer or other means to clear your mind of negative thoughts. If you have not yet learned to clear your mind, a good place to start is my book, 'Guide To Self: The Beginner’s Guide to Managing Emotion and Thought' which is available at Authorhouse.com or Amazon.com.

Courage, Bravery and Heroism

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Dr. John Schinnerer has a Ph.D. in psychology from U.C. Berkeley. He is Founder of Guide To Self, a positive psychology coaching company. He is President of Infinet Assessment (http://www.InfinetAssessment.com), a psychological testing company. He wrote, Guide To Self: The Beginner’s Guide To Managing Emotion and Thought, voted 'Best Self-Help Book of 2007.'

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