breakdown

How effective budgeting can help to prevent a mid life crisis

It is no exaggeration to say that a major contributor to my breakdown back in 2009 was due to the state of my finances. I had nothing and was totally reliant on my partner for finances, who frequently used money as a means to control me. The situation made me feel helpless.

 

Although this is uncommon there are many ways that effective budgeting can help prevent a mid-life crisis or breakdown. How many people do you hear of who are struggling financially and then turn forty and breakdown?

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The Resilience Remedy; How to Bounce Back From Tough Times Fast Part One

Photo courtesy of Shutterstock

Photo courtesy of Shutterstock

 

I’m a firm believer that when you need to learn a lesson, life throws challenges your way highlighting what you need to learn until you have no option but to learn it. Having been depressed since five because of bullying I was constantly dealing with challenges which, in later life, caused me to have a breakdown. It was as if life was trying to point me in the direction of the coping mechanisms I needed in order to live a happy, productive and meaningful life.

 

After each episode of depression I continuously failed to change my coping mechanisms and life strategy, so life just threw bigger and bigger challenges my way until my breakdown caused me to hit rock bottom and take stock of my life. And, as it turned out, rock bottom was the best thing to ever happen to me. It made me sit up and finally pay attention to life’s signs that how I was trying to cope wasn’t working. I got the help I needed by going to therapy which gave me invaluable life skills that would stay with me and steer me back on course to where I was meant to be.

 

Therapy provided me with strategies to monitor what caused my setbacks so I could effectively predict when I was most at risk and use my newfound skills to help prevent setbacks preemptively, or if that wasn’t possible, reduce both the severity and length of them. In short, therapy taught me resilience and how to bounce back from tough times fast.

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