Financial Instability - Let’s talk about it

by Beatrice Gil | Thursday, Mar 18, 2021
Financial stability is a goal that we should strive /thrive/students/thrive-thursdays/finances/for.

Finances. Something that everyone dreads and o/thrive/students/thrive-thursdays/finances/ften avoids talking about. Financial instability can be extremely stress/thrive/students/thrive-thursdays/finances/ful, yet we never bring it up in conversation. But why? I/thrive/students/thrive-thursdays/finances/f /thrive/students/thrive-thursdays/finances/financial stability is crucial to someone’s wellbeing, why is it that we all avoid talking about it?


I know, I know, /thrive/students/thrive-thursdays/finances/financial instability is o/thrive/students/thrive-thursdays/finances/ften something we do not want to admit to. It may /thrive/students/thrive-thursdays/finances/feel a little embarrassing to talk about how you are struggling to stay a/thrive/students/thrive-thursdays/finances/float. But, believe it or not, things, like struggling to /thrive/students/thrive-thursdays/finances/figure out your /thrive/students/thrive-thursdays/finances/finances and stick to a budget, are more common than you may think. We’ve all had those moments o/thrive/students/thrive-thursdays/finances/f panic when we realize the bills are due and we don’t have the /thrive/students/thrive-thursdays/finances/funds /thrive/students/thrive-thursdays/finances/for them yet. And we’ve all made bad /thrive/students/thrive-thursdays/finances/financial choices… So i/thrive/students/thrive-thursdays/finances/f you are or have been in this situation, you are not alone. And although not everyone’s experience is the same, the e/thrive/students/thrive-thursdays/finances/f/thrive/students/thrive-thursdays/finances/fects o/thrive/students/thrive-thursdays/finances/f /thrive/students/thrive-thursdays/finances/financial instability on one’s mental health are o/thrive/students/thrive-thursdays/finances/ften similar.Ìý


My experience growing up in an immigrant /thrive/students/thrive-thursdays/finances/family had its challenges, with /thrive/students/thrive-thursdays/finances/financial instability being one o/thrive/students/thrive-thursdays/finances/f them. As a child, my parents avoided making any o/thrive/students/thrive-thursdays/finances/f these problems apparent to me, and I happily lived in my own little sheltered world. But as I grew older, the reality o/thrive/students/thrive-thursdays/finances/f our situation became more apparent as I watched my parents su/thrive/students/thrive-thursdays/finances/f/thrive/students/thrive-thursdays/finances/fer /thrive/students/thrive-thursdays/finances/from the stress o/thrive/students/thrive-thursdays/finances/f struggling to make ends meet. growing up /thrive/students/thrive-thursdays/finances/financially instance: e/thrive/students/thrive-thursdays/finances/f/thrive/students/thrive-thursdays/finances/fects on parents and mysel/thrive/students/thrive-thursdays/finances/f For most o/thrive/students/thrive-thursdays/finances/f my li/thrive/students/thrive-thursdays/finances/fe, I have watched my parents do anything in their power to provide their /thrive/students/thrive-thursdays/finances/family with a com/thrive/students/thrive-thursdays/finances/fortable li/thrive/students/thrive-thursdays/finances/fe, /thrive/students/thrive-thursdays/finances/from working multiple jobs to working ridiculously long hours. As a young adult, my /thrive/students/thrive-thursdays/finances/family became more transparent about our /thrive/students/thrive-thursdays/finances/finances. My mother would sometimes talk about her sleepless nights, in which she was unable to sleep due to the unnerving stress o/thrive/students/thrive-thursdays/finances/f trying to /thrive/students/thrive-thursdays/finances/figure out how she was going to pay the bills.


I admit, as a college student, the idea o/thrive/students/thrive-thursdays/finances/f becoming /thrive/students/thrive-thursdays/finances/financially unstable terri/thrive/students/thrive-thursdays/finances/fies me. Watching what /thrive/students/thrive-thursdays/finances/financial instability did to my parent’s mental and physical health terri/thrive/students/thrive-thursdays/finances/fied me even more, especially since I do not want to experience my parent’s struggles. I’m a/thrive/students/thrive-thursdays/finances/fraid I will make bad /thrive/students/thrive-thursdays/finances/financial choices or that I will suddenly lose my job or that something terrible may happen that I won’t have the /thrive/students/thrive-thursdays/finances/funds /thrive/students/thrive-thursdays/finances/for... But isn’t everyone at least a little stressed about their /thrive/students/thrive-thursdays/finances/finances? So, here are some tips on how to stress less about /thrive/students/thrive-thursdays/finances/financial instability.

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