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How to Overcome Money Panic, Stress and Anxiety

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Uploaded by on Dec 13, 2007

Panic! The sudden fear that dominates and replaces thinking. It is responsible for numerous screw-ups and disasters throughout the history of mankind. Do you ever panic when you have too many bills or run out of money? The last thing that YOU want to do is panic! It will make you do stupid things. So how do you conquer panic? It's easy! Just follow this formula.
Recognize when you are anxious and identify the panic triggers. Stop and ask yourself, "What triggered this anxiety? What thoughts did I just have that triggered it? What kind of situation triggered it? How does it feel in my body?" You will use this information to fix your inner and outer world.
Now, become familiar with the physical and emotional sensations afflicting you. And as you note each one, tell yourself "I don't have to run from this feeling or sensation anymore. I notice I am still alive and well even if it is present. I am not afraid anymore."
Next, change the lifestyle factors that contribute to your anxiety situations. If phone bills are too high, go on a phone diet. If you consistently have a low bank balance that freaks you out, start a separate savings account and drip money into it and never touch it unless you are on your death bed!
Next, change unhelpful thinking styles. Thought is the first level at which panic starts. Anxiety, panic, is a choice of perception, a discrete period of intense fear or discomfort that is accompanied by somatic or cognitive symptoms, a sense of imminent danger or impending doom and an urge to escape or flee from the imagined future attack.
Recognize limiting, fearful thoughts that you have. Then, challenge them for evidence. You once took them as facts. This time, challenge them for evidence in the real world. Please note: Your panicked imagination does not count as the real world.
Substitute your fearful, limiting thoughts with loving, supportive, expanding thoughts. Just do it until it becomes a habit.
Avoid generalizing, such as saying that all landlords are out to get their money on time or else they kick you out or that all debt collectors don't understand human situations.
Avoid magnifying or focusing on the negative or the unpleasant, on what you don't want.
Avoid overestimating failure and underestimating success. You are far more successful than you think, and it is very Ok to make mistakes in life.
Avoid setting unrealistic expectations and then beating yourself up for it when you can't, naturally, meet them. Life has processes and you can't go around the process.
Avoid taking responsibility for other people's feelings and thoughts. Look, you cannot possibly get into the mind of anyone and force him or her to have a particular thought (or a feeling, for that matter). Simply do your best to be good to yourself and others, but take no responsibility for other's thoughts and feelings.
Avoid assuming and "mind reading" others thoughts. Don't live your life as if everyone else is judging you and you have to somehow smell what is in their mind and live your life in avoidance of them thinking badly of you.
And finally avoid the traps of overspending, hording, selling out your integrity and values for money, refusing to face facts about money, trying to dodge the in and out cycles of money, or holding blame and resentment. All these will lead to panic at some stage. So just flush them all down the toilet and live happily ever after!
Pass this video on to your friends and help stop this madness! And for more free information on this and other topics, go to www.WealthFundamentalsPack.com.

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  • 0:37 Hawt. ;o

    <3

  • Why do we panic at the thought of running out of money? Because without money, we will be unable to feed, house, or clothe ourselves, or buy medicine. Poverty, disease, famine...and if enough people run out of money, civil unrest - violence, perhaps revolution or war.

    Oh yes, there is plenty to be afraid of. Granted, panic is not going to help you, but the danger is very real.

  • Good video, David. Thanks for posting the text, too.

  • Good; I enjoyed it.

  • nice but some people have panic and or anxiety attacks for no reason at all...

  • good advise, although, the speed and intensity of the narrators voice started giving me a panic attack.

  • Thank you, this video is really helpeful!

  • thanks I needed this reminder

  • Thanks David for posting a good clip. It's very insprired me.

  • Bravo! Thank you, David, as you have done it once again!! I pray that the universe get this message out to the masses! What a beautiful world it is! What a wonderful world it could be! Cheers! Princess Lisa Burton

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