This article was originally included in our email newsletter on August 14, 2009.  It may have been edited somewhat from the version that was originally emailed, so be sure to sign up in the upper right corner of our website to make sure you are getting our email newsletter hot off the press!

With all of the news about spiraling federal debt, it’s natural that Americans are taking a hard look at their own situation, and it sometimes leads to worry–even for those who are relatively secure.

Interestingly, those who have MORE cash in the bank often worry more! Funny, right? But it’s normal human nature…

After a lengthy time of thinking and discussion and some more thoughts into the matter, below are a couple areas that can help us all reduce the worry for money.

1. Realize that It’s Exaggerated. Worry is a funny feeling – it seems to exaggerate any problem. While there are certainly many people who actually run out of money, those are usually not the people that tend to worry. Step back for a moment and rather than focusing on what you don’t have, take stock of your life and realize that all of your needs are met. In fact, if you have a roof over your head, food and clean water you are among the wealthiest 5% in the world.

2. Express gratitude. Take the time to think about the things that you are grateful for on a regular basis. This doesn’t have to be a time intensive process, just work it into your daily routine. For example, consider keeping a gratitude journal and making a quick entry daily. Take the time to recognize and thank those people that are special in your life.

3. Take a break from the news or sources of negativity in your life. Let’s face it, the media is in business to make money and sensationalized stories sell. Similarly, recent studies have shown that our moods and habits are most directly impacted by the 5 people we spend the most time with in our lives. Focus on bringing positive energy into your life. What motivates and energizes you? Try to incorporate those actions or items into your daily life.

4. Spend the Same Time Making Money Instead. Some of the world’s most successful businesses were started during recessions-Microsoft, Burger King, Fed Ex, Trader Joe’s, General Electric, CNN, Hyatt, and more. If you are going to spend time worrying about money, why not use that time and start a side business or job instead? Think about how you might use a favorite hobby to generate some extra cash. Maybe start a website (or two, or three). I know it’s easier said than done, but the more you work at it, the easier it gets.

5. Confidence. Part of the reason why we worry about money is because of the lack of confidence in our own abilities to earn an income. How can you boost your confidence? Confidence comes from success, and success starts from taking action. Begin small. Try a few things. Learn from them and try again. The main difference separating the successful from those that have not achieved their dreams and goals is the willingness to take action.

6. The workplace plays a big role in all this as well. Are your colleagues encouraging? Is your boss supportive? If not, then do something about it. Don’t get into the thinking of “I can’t find another job”. Yes, you can. If you got this job, you can get another one. Rather than focusing on the past or complaining about existing circumstances, why not devote your energy to a plan of action to improve your circumstances?

7. A Little Worrying is Actually Good. A little worrying is actually healthy for us. It’s what drives us to be better. It’s what turns our energy switch to the on position. The right way to deal with it is to channel it into your work ethic, and your desire to be better and reach greater achievement.

Of course, this list is just the tip of the iceberg. How do you deal with worrying about the lack of money? Or do you? What has worked for you? Let me know!

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