Financial Preparedness and Peace of Mind

Few things are as stressful as financial anxiety associated with workplace uncertainty or sudden job loss. Although job security is rarely guaranteed, a little preparation can prevent fear and panic if the worst were to happen. Search “simple apps for managing a budget.” Many apps exist that can be mastered in minutes to get you on track with better managing income and cash flow. Spending on housing, utilities, food, transportation, lattes...you’ll see it all. When you do, you’ll feel more control. Being more empowered equates to less anxiety. Separate your needs from your wants. Discover where it is easiest to cut back and trim your outgo. Start an emergency savings set-aside, and use any automatic deposit methods your banking institution may offer to make it happen. Like most people, you’ll be amazed by how easily and painlessly your savings pot builds up. Do not allow the fact that it currently contains $0 to stop you from beginning this step. Key idea: Financial preparedness is not about having all the money you need if something untoward happens. It’s about increasing your sense of control and resilience when it does. UR Medicine EAP can lead you to more resources, money tips, and ways to decrease your financial stress with services in your community, many of which are free. Contact them at 585-276-9110.

Global Administrator | 6/18/2026