It doesnt take a rocket scientist to make the connection between stress and sleep However if you take things one step further an interesting little factoid arises One of the most common sleep disruptors isnt just anxiety in general It comes from financial stress
Here is the breakdown of how financial stress and sleep are negatively related and what you can do to overcome the issue
The Undesirable Link Between Bad Finances and Poor Sleep
The connection between finances and sleep is two fold The first part of the equation has to do with the stress itself Financial stress isnt an anomaly Its a widespread concern for the majority of Americans these days
How much so Within the last few years money stress has ranked second as the most common source of stress for the average individual On top of that the modern fiscal pressure on younger generations has made money matters the number one source of stress for both Gen Z and Millennials and that was before a pandemic added fuel to the fire by crippling the global economy
The second piece to the puzzle is the connection between stress and sleep Stress is a natural part of our existence The fight or flight reflex activates in select situations releasing adrenaline and cortisol into our systems in preparation to take sudden action
As a rule stress is important and useful in specific moments If it becomes a constant state of chemical arousal though ie if you suffer from chronic stress it can lead to sleep deprivation This comes from a naturally heightened state of alertness and a mind filled with anxious thoughts
To top things off if youre sleep deprived the issue can come full circle Its been shown that lack of sleep can directly and negatively impact your financial decision making skills In other words if your financial stress disrupts your sleep the lack of sleep can ultimately cause you to make more bad financial decisions This exacerbates the problem in a vicious life destroying Catch 22
Ways to Address Financially Driven Sleep Issues
Needless to say if youre suffering from this unpleasant link between sleep and financial stress its important to do something about it Here are a few steps that you can take to first deal with the root of the issue and then restore a sense of peace and health to your slumber
Start with the Issue
Before you go out and plunk a couple of grand on a fancy mattress or even a hundred dollars on a luxury pillow or some other newfangled and expensive sleep solution its important to start by addressing the root of the issue In fact if youre tempted to spend serious money on a solution thats your first hint at tracing things back to a bigger financially based problem
What is it that is creating your financial stress
Its a loaded and likely unpleasant question to ask but it must be done If you dont remove the source of your chronic stress first it will find a way to undermine even the most elaborate sleep promoting activity So start the process of restoring your sleep by identifying your financial stressors A few suggestions for possible culprits include
Bad financial habits Do you simply spend too much For instance credit card debt is the number one financial issue that most Americans struggle with Do you find that swiping that plastic or pulling up that saved credit card info on Amazon is far too easy If so you may need to start tracking your spending habits
Loss of a job Has your income dried up due to an unexpected termination of work Even the most frugal spending habits wont keep you afloat if you have no source of income If this is the case you must sit down and come up with an action plan Should you apply for a job within the same profession Should you make a professional pivot Should you go back to school
Unexpected expenses Unforeseen expenses happen Did you total your car Was a surgery not covered by insurance You may feel like a victim in this kind of situation but at a certain point you need to pick yourself up dust yourself off and look for the best solution Gauge your ability to get a new car loan at the best interest rate Look into medical bill forgiveness Whatever your situation do your homework and consider your options
Chronic worry Sometimes the fear of potential issues can be enough to keep you up at night If you find that youre a chronic money worrier you may need to start working on focusing on the present and practicing mindfulness gratitude and keeping perspective
These are just a handful of common issues Regardless of your particular situation you should take the time to identify both the root of your financial worry and your options to address it
Creating a sense of understanding and doing your best to address the issue is the first step in restoring your situation For instance if youre dealing with massive debt dont just resort to bankruptcy Start by using a budget calculator to get a clearer picture of your income and expenses
Then consider things like debt negotiation or loan relief to help preserve your credit and financial health rather than simply kicking the financial worry can further down the road with a quick out The point is dont skip your financial stress in an attempt to band aid over the stress with shallow sleep solutions Start with the root of the issue and work from there
Address Your Sleep Habits
Once youve gotten your financial situation well in hand its time to undo some of your unhealthy sleep habits
There are many ways that you can do this Create routines that avoid stressful events before bedtime Get out of bed if you find yourself lying awake for too long Schedule addressing your worries for other times of the day
From there start to implement basic sleep promoting activities Journal at night Pray before bed Breathe deeply and utilize a relaxation guide Use essential oils and herbal teas Turn on some ASMR There are plenty of ways to encourage your mind to turn off and your body to wind down at the end of the day
Conquering Sleep Issues Caused By Finances
Financial challenges happen Theyre part of life However there is no good reason for the state of your finances to dictate the quality of your sleep On the contrary if youre in a financial pinch there is all the reason in the world to fight for good sleep so that you can focus on the challenges that youre facing
So identify that financial stress make a game plan and start restoring your sleep as soon as possible Today even Your mind body and bank account will thank you
What is Your Next Step
If you cannot seem to stop the stress that triggers your anxiety and sleepless nights call Alaska Sleep Clinic today We are the only sleep lab in the state with a Cognitive Behavior Therapist specializing in sleep medicine Dr Angie Randazzo Watch Dr Angies KTUU Moms Everyday Segment on how stress affects sleep by clicking the video below
