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Presented by: Robin Huskey, LCSW, CEAP, Manager of Education and Outreach, FSAP. Managing Financial Stress. www.fsap.emory.edu (404) 727-WELL. Financial Stress. Impact of Financial Stress. Emotions. Physical. Job. Family. Objectives.
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Presented by: Robin Huskey, LCSW, CEAP, Manager of Education and Outreach, FSAP Managing Financial Stress www.fsap.emory.edu (404) 727-WELL
Impact of Financial Stress Emotions Physical Job Family
Objectives • To learn the FOCUS model: strategies for managing financial stress more effectively • To identify resources for support
Strategies for Managing Financial Stress Manage the Stress … or the stress will manage you.
Strategies for Managing Financial Stress • Face your fears • Observe yourself • Create opportunities • Utilize resources • Share your action plan
Face Your Fears • Recognize and normalize your emotions • Accept uncertainty and change • Monitor the fight-flight response • Communicate your concerns • Write down your challenges
Observe Yourself • Challenge your negative thinking • Practice positive behaviors • Minimize media exposure • Keep life in perspective • Stay in the moment
Create Opportunities: Self Care • Maintain healthy eating and sleeping habits • Exercise regularly • Practice relaxation, meditation, prayer, and positive affirmations • Enhance your organizational and professional skills • Make time to play – play is a state of mind!
Create Opportunities: Financial Care • Budget, budget, budget • Eat out less – pack a lunch; make dinner and take leftovers • Offer handmade gifts, personalized coupons, e-cards • Plan free or inexpensive family activities and vacations http://blogs.ajc.com/atlanta-bargain-hunter/
Utilize Resources • “Sparkfly” Discount Program https://emory.sparkfly.com/ • Fitness facility discounts www.fsap.emory.edu/health/fitnesscenters • The WorkLife Resource Center www.worklife.emory.edu • Emory & the Economy FAQ’s www.emory.edu/home/news/special/emory-and-the-economy/index.html
Utilize Resources • Emory Alliance Credit Union – Member Express Emergency Loan http://www.emoryfcu.com/loans-consumer.html • Emory Hardship Fund http://www.emory.edu/hardshipfund • Zero-Tier or low cost medications http://www.hr.emory.edu/eu/benefits/healthanddental/prescriptiondrugs/index.html • Free or subsidized alternative transportation services http://www.epcs.emory.edu/alttransp/index.html
Utilize Resources • FSAP - counseling and coaching • Workshops - financial education, stress management • Community resources • Online budgeting tools –(www.mint.com, www.cccsatlanta.org) • Family, friends, colleagues, advisors
Share Your Plan • Put your FOCUS plan in writing and make copies! • Communicate your plan to others • Ask others to help hold you accountable
FOCUS ! Face your fears Observe yourself Create opportunities Utilize resources Share your action plan
Start Your FOCUS Plan Today • Focus Plan goals • Potential Barriers to success • Strategies to overcome barriers • One strategy you plan to start today