Tuesday, September 30, 2008

Be Prepared For The Stress Of Tough Financial Times

Here are two quick videos with  simple strategies for managing stress in adults and children during crisis situations...




2 comments:

Katie Wilson said...

Hey Dr. Josh I have seen both the videos that you recommended and trust me they were just amazing. I think you are correct its high time we start thinking of ways to come out of financial stress like curing the debt, bankruptcy, low credit scores and etc. I read the latest book by Kevin Trudeau " The Debt Cures " so that i get some help from my debt problems but it was of no use. I am really impressed with your creativity and would love to receive more informative updates from you.

Thanks

Katie Wilson

dr. josh klapow said...

Thanks Katie-- i think about spending and debt simply like a bad habit.. breaking any bad habit starts with some basics: Setting very specific reachable financial goals; Monitoring all spending; Arranging the environment for success (i.e. automatic savings withdrawl, reduction of credit cards etc.); Recruiting support from friends and family and finally Treating yourself for sticking with it... These basic skills (SMART skills) are the foundation of any habit change...jk