Expert tips on how to cope with the coronavirus-related money stressors keeping Americans up at night | | | WED, MAY 13, 2020 | | | We are living through a surreal, frightening time. And all of us are watching and wondering, "What is going to happen next?"
For many people, the uncertainty surrounding the coronavirus is an overwhelming thing to handle. We don't know how exactly we'll be impacted or how and when we will get back to some normalcy. And that makes it difficult to manage your anxiety and fears. There are things, however, that can be done, according to health-care experts.
First, focus on the things you can control. There are so many things outside of our control, including how long the pandemic lasts, how other people behave and what's going to happen in our own communities. So for me, I am maintaining a routine to take some control. Even though I am stuck working from home, I try to stick to my regular sleep routine and I adhere to a regular work schedule. This helps me maintain a sense of normalcy.
I am also staying connected with people on a daily basis. While I do regular video/conference calls with CNBC colleagues, I also schedule phone calls and video chats with friends and family. I find these connections help ease my own stress and anxiety. Additionally, I make time to exercise and use my stationary bike each day to relieve stress and manage my mood. I am even considering meditation or yoga.
My wife and I also take our dog for a walk every night in the park near our home in Manhattan. We do avoid crowds and practice social distancing.
Let's remember, we're not alone in this. Everyone is feeling some degree of worry and anxiety, but your goal should be to find things to manage the stress. Even though we're physically distancing, we can still socially encourage and support each other. That's vital during this strange time in all our lives.
Stay safe, everyone. Wear those masks when you go out and wash those hands!
For more key stuff like this, please follow me on Twitter @jimpavia and check out CNBC's Financial Advisor Hub and CNBC + Acorns Invest in You: Ready. Set. Grow.
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