Book Online Counselling and Treatment for Financial Stress

Consultation with verified Financial Stress counsellor on Zoom / Google Meet.
They say money can't buy happiness, but we all surely need it to survive. The world runs on bills, which explains why most people, once in a while, feel stressed about their financial situation. The Covid pandemic has made this situation worse. According to a survey done in India by Refyne, "more than 70% of respondents found it difficult to meet all their expenses with their monthly salary".
Extreme stress affecting your day-to-day life can be problematic. It can damage your self-esteem and relationships. It can cause physical symptoms like headaches and stomach aches. Extreme stress has even been linked to heart attacks.
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Dr Navni Mehta

Counselling Psychologist
1 years of experience
No matter what’s bringing you to therapy, it’s safe to say something’s not going the way you’d like. Whatever you are facing today, know that tomorrow is an opportunity to thrive and overcome. Hello! my name is Dr Navni Mehta and in my journey, I have helped 300+ individuals, couples and families with Anxiety, depression, OCD, ADHD, marital/relationship issues, addiction, trauma, parent-teen issues, personality disorders and work-life balance. My expertise includes CBT (Cognitive Behavioral Therapy), NLP (Neuro-Linguistic Programming), IPT (Interpersonal Psychotherapy), DBT (Dialectical Behavior Therapy), PCT (Parent-Child Interaction Therapy), Emotionally Focused Therapy (EFT), Dream Analysis, Couple Therapy, and Family Therapy addressing various concerns. I bring a unique perspective shaped by my diverse background in dentistry, hospital management and psychology. Over the past 7 years, I have worked closely with doctors, medical professionals, founders, entrepreneurs and individuals gaining a deep understanding of their viewpoints through my experience in hospitals, clinics, rehabilitation centers and palliative care facilities. All sessions remain confidential. My sessions are impactful and introspective; you may laugh, cry or sit silently. The environment is judgment-free so that you can give voice to your inner self without hesitation, guilt or shame. As your therapist, I will walk beside you and assist you in navigating life challenges leading to wholeness for yourself and your relationships. The very essences of my therapy are self-realization, Applied positive psychology, Anger management, potential maximization, Problem-Solving, Behaviour counseling, relationship counseling, body image issues, low self-worth, attention deficit issues and mindfulness techniques to offer my clients a full-circle approach. Finding the right therapist can be challenging, but my mission is to lead with compassion and empathy, creating a space where my clients can be their authentic selves.
Today, 10 Feb, 09:59 pm IST
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Ms Zarina Poonawalla

Life Coach, Counselling Psychologist
14 years of experience
Zarina Poonawalla is a Life Coach, Emotional Intelligence Practitioner, Educator and podcaster. She is the founder of Abbzoh Expertise Unique which constantly thrives on learning and evolving to benefit individuals, leaders, stakeholders and organizations worldwide. Zarina is the podcast host of 'The Life Manifesto', ‘The Empowering Series with Zarina Poonawalla’ on the IVM Podcasts and is widely available on Apple podcast, Spotify, Jio Saavn, Originals, Audioboom, Stitcher and anywhere you can listen to podcasts. Her shows have garnered enormous listenership and are making a difference in the lives of many globally. In her professional capacity, Zarina has worked closely with Founders, Entrepreneurs, CEOs, Business Honchos, Management Gurus, Families, Individuals, Parents and Student communities worldwide for over a decade. She believes every individual has unleashed potential which can be recognised and tapped to enhance the quality of life, relationships and professions. The very essences of her programs are self-realisation, potential maximisation, a positive state of mind and embracing happiness. She completed her Bachelors from the reputed H.R College in Mumbai and pursued her degree in International Business from The University of Sydney, Australia. During her years in education, she kept self-learning, completed diplomas in various vocations and took up plenty of jobs. In recent times she was exclusively selected on merits by John Mattone, coach to Steve Jobs, for personal coaching and certification with Mr Mattone enabling her to have insights on World Leader mindsets, success stories and understanding of leadership virtues, further adding to her expertise and international experiences. She has been certified in ‘The Signature Intelligence Leadership’ Program and has also successfully certified in various programs, including an international certification in ‘Train the Trainer’, ‘NLP ’, ‘Peak Performance Coach Certification’, ‘ EQ’, among others. Zarina has nurtured her unique ability in people's skills with her solitary core principle and believes one can truly inspire positive change with the CAPE principle – Compassion, Attitude, Perseverance and Empathy. Her valuable proficiency and prolific method of imparting the same have kept her encompassed with an ever-growing clientele, consistent retainer ship, high rated feedback and credits. Zarina has been a catalyst aiding the successful growth and transformation of over 40,000 people globally with her ‘I Choose Happiness’, ‘Changing with Change’, ‘You are a Leader’, ‘Your Life Your Reign’ and ‘Impactful Communication’, more than 250 individual high profile clientele through one-on-one coaching and above 35 Educational Institutes with ‘Walk the Talk’, ‘Technology your friend or foe!’, ‘Dealing with Parental and Peer Pressure’, ‘Be Confident Be You’. Zarina has been sanctified with happy participants in all her programs. This keeps her driven and passionate to improve the quality of life for those she associates with through her intricately customised and invigorating life boosters. Her patrons include MNCs, SMEs, Celebrities, Industrialists, Refineries, Real Estate, Financial Institutions, startups, IT & Technology, F&B, Lifestyle & Fashion Brands, Banks, Diamond Merchants, and Steel Tycoons. She is also the Knowledge Partner for a film production house enabling her to share thoughts and insights on various film-related events, social issues and human behavioral patterns. Her last film affiliation hit 2 million views with a worldwide screening and her talk post the premiers internationally was very well received. She is currently in the process of penning down her book and associating for a TV program to reach global audiences and elevate happy people.
Tomorrow, 11 Feb, 10:00 am IST
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Dr Shabana M.S.

Counselling Psychologist
23 years of experience
In my professional journey as a Psychologist, I've come to believe deeply in the inherent goodness and potential within each individual. Hey, I am Dr. Shabana, and my therapeutic approach is grounded in unconditional positive regard. In my practice, I aim to foster an environment where clients can embrace their uniqueness and embark on a journey of self-discovery, acceptance, and transformation. With over 20 years of clinical experience, I've had the privilege of working across various settings, including hospitals, educational institutions, NGOs, and government projects, serving as a Consultant and in-house Psychologist. As the Principal Psychologist and Founder of LitmuS Psychological Services, I also provide online psychological support and training. Additionally, I am honored to be associated with Manipal Hospital as a Consultant Psychologist, where I continue to contribute to the field of mental health. Throughout my career, I've addressed a diverse range of mental health issues and provided family and marital counseling, along with offering support to chronically and terminally ill patients. My academic journey includes earning a Ph.D. in Psychology from the Department of Psychology, University of Calicut, where I conducted an in-depth study on the Psychosocial Correlates of Conduct Disorders and the Efficacy of an Intervention Programme. I've also received training in Hypnotherapy, further enhancing my therapeutic toolkit. Additionally, as an active member of professional organizations such as the Indian Academy of Applied Psychology, Tamil Nadu Psychology Association, Indian Association of Clinical and Academic Hypnosis, British Psychological Society, and American Psychological Association, I remain committed to staying updated with the latest developments in the field. My areas of focus in therapy include individual therapy, relationship counseling, marital counseling, family counseling, and psychotherapy for depression and anxiety. I also specialize in grief and bereavement counseling, infertility counseling, and providing support to the LGBTQIA+ community. Additionally, I offer counseling for coping with chronic illness, managing caregiver stress, achieving work-life balance, and stress management. I am also passionate about promoting well-being, building confidence and resilience, and providing life coaching for adolescents and adults, along with offering psychoeducation to empower individuals with knowledge about mental health and self-care.
Tomorrow, 11 Feb, 10:00 am IST
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FAQs

Mental Health Care for Money Issues

Financial stress is a condition caused by financial or money-related issues that create anxiety, worry, or a sense of scarcity. If this stress is severe, you might experience negative effects on your mental health and potentially even your physical health. When you cannot provide for yourself or people dependent on you, it can hurt your self-esteem. You may feel worthless, weak, and angry. You may start to get irritated easily and argue with your close ones. Individuals who are in financial distress are also more likely to suffer from depression, alcoholism, drug addiction, psychotic issues, and suicide than those who are not.
Recent times have not been kind. Stress related to money has risen since the rise of COVID as the whole world went under lockdown. Many have lost their jobs, and many businesses that were not available online took a hit. It may seem overwhelming, but there are many ways you can deal with your money issues and get back on track. However, if your mental health is not in good shape, you may have trouble overcoming finance-related issues. If you are stressed due to your income, you might consider seeking a counseling session with a therapist.

Major Causes

Here are a few of the biggest reasons a person might experience this ailment:
  • Unemployment or unstable Income
  • Large unexpected expenses such as medical bills or car repairs
  • Divorce can cause financial distress for both parties
  • Failure to adequately manage your finances, like not paying credit card bills on time
  • Paying a large mortgage or rent
  • Paying for education
  • Wanting a nicer lifestyle
  • Being in debt can create financial distress

Common Signs

Some common signs and symptoms include:
  • Insomnia and other sleep-related difficulties
  • Change in weight
  • Being depressed, anxious, and having panic attacks
  • Relationships troubles with partners or family members
  • Social withdrawal
  • Frequent headaches, gastrointestinal problems, diabetes, high blood pressure, etc
  • Indulging in activities that numb your mind, such as drinking too much, abusing prescription or illegal drugs, gambling, or overeating.
If you are facing or experiencing such symptoms, you may need professional help.

How it Might Affect Your Life

Severe financial distress can affect your day-to-day life, from increasing your debt to ruining your relationships. It can lead to:
  • Feeling Trapped - A cyclical relationship between financial concerns and mental health conditions such as depression and substance misuse has been observed. As financial distress can cause stress and other mental health ailments, it hampers your work performance, energy levels, and the way you handle your budget. Poor work performance may result in unemployment. This may aggravate your stress, trapping you in a vicious cycle of never-ending financial difficulties and deteriorating mental health.

  • Avoiding Health Care - People under such stress often try to avoid spending money on their health. They may avoid going to a doctor because they believe that diagnostic tests and following a treatment plan can be expensive and may hurt their budget. Some may postpone or avoid much-needed surgeries or medical treatments.Similarly, if you are suffering from stress you may decide not to spend money on therapy. This is an appropriate response if it's a minor issue but can be a detrimental decision if you are suffering from severe stress. Ignoring it may cost you in the future.

  • Poor physical health - A little bit of stress doesn't hurt anyone. However, ongoing stress can cause migraines, cardiovascular disease, diabetes, sleep difficulties, and other health concerns. Our immune systems are compromised, and we get sick more often. Our bodies do not have time to recuperate when we are constantly stressed. Your symptoms may flare up if you already have a chronic medical condition. Recent studies have shown that prolonged stress may increase the chance of heart attack by thirteen times.

  • Unhealthy coping method - If you have financial distress, it is possible you are anxious and overwhelmed. You may get easily irritated, especially when someone talks about money. This can cause you to seek comfort in things that might give you temporary highs. To counter your sadness, you might self-medicate with alcohol, abuse prescription or illegal drugs, turn to gambling, or overeat as a coping mechanism.

  • Poor Money Management - These feelings can have a detrimental impact on your financial decisions. It can lead to overspending or underspending. Individuals may find pleasure in "retail therapy," aimlessly spending on non-essential things, or in restricting their spending to the point where they forego necessities, such as limiting their food

How to Recover

This condition can severely affect the quality of your life. But there are some tips and treatment options for it. This can include counseling, practicing mindfulness, or consultation with an expert.
Here're a few steps that may help with it:
  • Share your feelings with someone - People tend to bottle it up and try to figure out everything on their own. Finance is not a taboo subject. You can and should share it with your loved ones or friends, even if they can not help. It may feel awkward to disclose these issues to someone, but venting out can be good for reducing stress.

  • Seek professional help - Get professional advice from organizations that offer financial advice and consultancy. They can help you find a job, claim financial aid, or provide strategies to pay off the debt. It is always a good idea because they can help you figure out your next step. When you are aware of the next step, your mind stops wandering. Reaching out is not a sign of weakness but of strength.

  • Side Hustle - Create an extra source of income. It can be as small as an online blog or as big as working a second job on the weekend. This way, you will have some extra cash and feel safer. Use this extra cash to pay debts or save for emergencies.

  • Practice Money Mindfulness - Money mindfulness is just a fancy way of saying "being aware of your financial decisions." Refrain from spending on things that are not a necessity. Take three deep breaths before making any financial decision, which helps bring awareness.

  • Make a plan - Make a list of the financial struggles that most concern you. Take baby steps to tackle each problem, so you don't overwhelm yourself. Write down what you can start doing today or this week that can get you on track to financial stability. For example, start paying the smallest bills and debts and eventually move on to bigger ones. Or, try making a budget plan, only spending on necessities for a week or a month.

  • Self-care - Maintaining a healthy lifestyle is critical for stress management. Try to exercise for 30 minutes per day. This benefits both your mental and physical wellness. Walking is an excellent way to exercise while also relieving tension. Make time to unwind. Though stress due to income might be overwhelming, keep in mind that there are options available to assist you in managing both your stress and your finances. Take some time to relax, meditate, participate in an enjoyable activity, and interact with people.

Get Treatment From a Licensed Therapist Who's Right For You

You might think spending money on therapy when in financial distress is not a good idea. But therapy can help alleviate the symptoms and may even help eliminate the financial burdens themselves. Therapy can help people evaluate whether their spending habits are unhealthy or not. At Docvita, we have a team of expert therapists with years of experience dealing with such conditions. They provide online therapy for financial stress with compassion and can help guide you toward a better future.

Schedule a Virtual Psychotherapy Appointment with a Counsellor Today

From the comfort of your home, you can instantly schedule an appointment with an expert counselor who has years of experience dealing with people suffering from financial stress. Browse through various therapists and book online therapy for financial distress. Get ready to feel better with Docvita.