May is “Better Sleep Month.” If you have trouble sleeping you might want to take a quick look at your finances and consider taking steps towards improving your financial health. If they aren’t in order, you might want to take an in depth look if you’d like to get some more shuteye. Being financially healthy could help reduce your stress levels. And for most who simply can’t sleep, stress is what’s keeping you up at night.
According to the Centers for Disease Control and Prevention, people who have poor sleep patterns are at a higher risk for many chronic diseases including: hypertension, depression, obesity, diabetes, cancer, etc. In addition, they are simply at higher risk for increased mortality (sounds serious, right?) as well as more likely to experience a lower quality of life and productivity as their counterparts who are sleeping more.
Not getting enough sleep is serious business. What’s the number one tip from experts on how to get more sleep?
#1 Tip on How to Get More Sleep: MANAGE YOUR STRESS
What’s the most common reason for high stress levels amongst the general American public? Money problems. We call it financial stress. If you feel your sleep is taking a hit because of financial worries, treat it as the serious issue that it is and deal with it. You are literally losing sleep over your finances.
First, sit down and find out exactly what the situation is. Many spend their days worrying about their finances without ever actually clearly defining their own financial situation. Compare your total debt to your total assets and income. Compare your expected payment amounts per month to your monthly income. Once you’ve done this, you’ll know how much trouble you’re actually in.
Many believe that sitting down in this way to clearly define their own financial troubles would only make the problem worse, but in fact, knowing exactly how far gone your finances are is the first step towards turning it around. Once you know where you are, you’ll know what solutions and options are available to you.
If you find that your options are limited and you aren’t sure where to turn, call the bankruptcy attorneys at Westgate Law. We want you to get more sleep, too.