If you’re feeling stressed out, you’re not alone. Gallup research shows 73% of people regularly experience psychological symptoms caused by stress. Worse, 33% of people regularly experience extreme stress. The cause? According to the people surveyed, 76% cited money and work as the main cause.
There’s no doubt many of us are overworked in high demanding jobs, and money can often go out faster than it comes in. However, it’s not actually that demanding job or the lack of money that causes stress. Stress is caused by the way you react to these situations with your thoughts. In other words, it’s not the situation but your thoughts about the situation that causes stress.
Dov Gertzulin's DG Capital has had a rough start to the year. According to a copy of the firm's second-quarter investor update, which highlights the performance figures for its two main strategies, the flagship value strategy and the concentrated strategy, during the first half of 2022, both funds have underperformed their benchmarks this year. The Read More
You can prove this to yourself by noticing that different people react differently to the same “stressful” situations. Some seem to be completely unperturbed by anything. For instance, your neighbor could be in a dire financial situation and you’d never know it because they always seem to be in a good mood.
Those who don’t react to situations with stress aren’t superhuman. They’ve just developed the capacity to control their thoughts.
Stressful thoughts snowball
Have you ever noticed that stress gets worse the more you think about your situation?
For example, when you get a bill in the mail that you can’t pay, it’s just a harmless piece of paper. You almost always have the option of making payment arrangements. If you can’t pay it, the bill will go to collections but it’s not going to cause harm to you. Yet, you can’t help but think things like:
- How am I going to pay for my kid’s college education?
- If I have to file for bankruptcy my life will be over
- This is going to destroy my credit
- My spouse will leave me
- I’m a failure
Thinking these thoughts makes you feel bad and creates more thoughts that make you feel even worse. It’s an endless cyc