5 Easy Money Habits That Will Instantly Improve Your Finances

Formally, exposure therapy is a form of cognitive-behavioral therapy (CBT) typically used to treat phobias, obsessive-compulsive disorders, and anxiety, and it is performed by a psychotherapist or specialist practitioner. What we’re talking about here, however, is using some of the techniques and principles to make managing your finances easier if you’re experiencing high levels of anxiety around money – so the envy of you burying your head in the sand weakens and you can take care of your finances in a more relaxed and controlled way.

If your money anxiety is getting in the way of observing or making decisions about your finances, the first step is to set up regular check-ins. I’d say checking your balances and budget once a day is enough to reap the benefits of exposure without accidentally introducing a new requirement to check your bank account every five minutes “just in case” because it’s not neither good for your financial well-being.

You should find that after a few days that little jolt of anxiety you feel when you open your banking app starts to subside and maybe even subside, while you also start to feel more confident and relaxed. when you use your debit card at checkout or even talk money with friends. Repeatedly exposing yourself to your financial situation will help you take ownership of it and eventually feel more empowered to change it if and when you want or need to.