Worried About Brexit? Consider Meditation

meditationWith economic uncertainty looming all around, the world has never been more stressed out. Brexit has left questions and even fear in the minds of investors as they carefully consider their next financial move. With economists predicting that the worst is yet to come, many are asking us, “How do we deal with all the stress?”

As weird or unorthodox as it may sound, many companies are turning to Eastern philosophies to help their employees work through stress and become more centered. Companies like General Mills, Google and Green Mountain Coffee Roasters have adopted company yoga classes, meditation rooms and mindfulness training programs to help employees relieve stress and anxiety. Here are five ways meditation and relaxation practices can help you to feel less anxiety with regard to your financial outlook:

  1. Meditation provides a strong sense of calm and control that has staying power. It can reduce the sense of panic that often arises in times of market uncertainty and allows investors to look toward the future in a more clear-headed way.
  2. Relaxation techniques allow the executive functioning sections of the brain to operate more efficiently giving greater concentration and an ability to focus on solutions rather than fears.
  3. Meditation offers the ability to see the bigger picture without being clouded by future concerns, thereby forcing you to concentrate on the here and now.  This allows you to consider ideas that you may have previously dismissed.
  4. Without the distraction of stress, you are better able to focus without the added concerns of physiological symptoms and fears intruding upon your thoughts.
  5. Meditation can be effective in relieving the issues associated with depression.

Here’s another way to handle financial stress-hire Financial Fiduciaries to look after your financial interests.  Let us worry about the details and the vagaries of the investment world.  Here is our mission.

 Our Mission

Our mission is to zealously represent the interests of our clients in their financial transactions and dealings. Our clients have funds that require proper stewardship, but do not feel they have the time, interest or expertise to properly discharge these responsibilities on their own.  They hire us to perform these duties for them, and we make the decisions they would make themselves if they had years of training and experience and the time and expertise to fully research and understand all of their options.

Sources:  http://bhwealth.com/how-meditation-and-mindfulness-can-help-alleviate-financial-stress/ http://www.oprah.com/money/5-Ways-to-Cope-with-Financial-Stress-and-Anxiety http://www.huffingtonpost.com/david-a-dedman/financial-mindfulness-the_b_5567377.html

 

About Objectively Speaking

Tom Batterman, founder of Vigil Trust & Financial Advocacy and Financial Fiduciaries, LLC is in the business of representing the best financial interests of his clients. Having provided objective, fee-only financial management services for over two decades, he specializes in managing the investment and related financial affairs of individuals and mutual insurance companies who do not have the time, interest or expertise to manage such matters on their own. As an objective, unbiased professional who takes on a fiduciary responsibility to his clients, he guides clients to the financial decisions they would make themselves if they had years of training and experience and the time and expertise to fully research and understand all of their options. Founded in 2010 as an outgrowth of Vigil Trust & Financial Advocacy, Financial Fiduciaries, LLC is a financial management solution for individuals and mutual insurance companies who recognize they do not have the time, interest or expertise to properly attend to their financial matters on their own. While there are many financial “advisors”, most of them have investment products to sell and the “advice” they provide is geared toward getting their clients to engage in a purchase. As one of the rare subset of advisors known as “fiduciary advisors”, Financial Fiduciaries does not sell any investment product so its guidance is not compromised by conflicts of interest which plague ordinary advisors. Prior to his employment in the financial industry in financial advocacy and trust positions, he worked at a private law practice in the Wausau area in the areas of estate planning, tax, retirement planning, corporate organizations and real estate. He is a graduate of the University of Wisconsin-Madison and the UW-Madison Law School and has during his career held Series 7, 24 and 65 securities licenses. A longtime resident of the Wausau, Wisconsin Area, Tom is active in the community. He enjoys golf, curling, skiing, fishing, traveling and spending time with his family.
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