Oh, the joys of the Christmas season. For some, Christmas is a magical time of year filled with peace, laughter, family, friends, excellent food, winter activities, warm evenings, and pleasant memories. But for others, it is also a season crippled by anxiety, stress, and sadness.
The holidays often present a long list of demands – shopping, cooking, cleaning, parties, travel, expectations, and the consumption of sweets, beverages, and extra calories, to name a few.
According to a recent survey, Christmas is the most stressful and anxiety-inducing time of the year for over half of UK adults. So much so, that 16% indicated they’d prefer to file their taxes than go to a family Christmas gathering, and 26% said it’s more exhausting than a job interview! A North American survey found that 45% of respondents dread the festive season.
There are, however, certain things you may do to help manage stress and anxiety throughout the holiday season. Take a break and do something relaxing for yourself. Try going on a mindful walk and practice deep breathing or meditation. Sleep well, and remember that you don’t have to have the “perfect Christmas” – taking care of yourself is more important than buying lavish gifts or throwing the ideal party.
Some Common Goals to set Together:
- Emergency fund – for emergencies ~ $1K e.g. smashed windshield
- Debt Reduction and Elimination – decide on the pace – how much and how fast
- Buffer/Cushion fund for sudden loss of work 3 – 6 months of expenses
- Savings, travel, houses, investments, big purchases, retirement
Discover what is deeply important to your partner and work out a framework that allows you to realize individual and joint goals and dreams.
Discuss your financial future:
- Plans for children – dual income, single income household?
- Designer Jeans and College funds? costs about $300K on avg. to raise a child to 18
- Plans for career advancement, go back to school?
- Expect aging parent(s) to live with you, be dependent on you?
- Do you plan to start a business, relocate for work?
- These may change your financial goals or organizing systems, but you’ll have a better idea of where you’re headed—together
Money and marriage are a necessary mix. Educate yourselves through our marriage prep workshop, consultations with a financial adviser and/or with other successful couples. Build a power team – where both of you are knowledgeable.