woman showing financial stressBy Rachel Efetha, Chartered Financial Planner at Anstee & Co.

We are nearly at the end of Stress Awareness Month. So, what have you been getting stressed about? The NHS website lists the four main causes of stress as:

  • Work – pressure, unemployment, retirement
  • Family – relationship difficulties, divorce or caring for someone.
  • Financial Problems – unexpected bills or borrowing money.
  • Health – illness, injury or bereavement.

Here are some easy wins to help combat the stress associated with money:

Have an emergency fund.

Make sure you have an emergency fund for when the unexpected happens.  Losing your job, car fails MOT, boiler blows up.  We recommend that you have 3 – 6 months essential expenditure tucked away somewhere easily (but not too easy!) accessible.

PFS logo for help with financial stressGet your budgeting right.

Know that you can afford to go to the Starbucks drive-through once a week, but if you go more often you might not have enough to see you through to the end of the month. Make sure you are on top of how much you have left until payday – we find that a mobile banking app is a really good way to monitor this – the HSBC one has a ‘balance after bills’ section which is useful.

Review and set your goals.

If you want to go to Australia for your 60th birthday which is five years away, start saving for it now.  Work out how much you will need, increase it by, say, 15% for inflation, divide it by 60 months and put that away each month.  Again, in this low-interest background, Premium Bonds are my favourite (but are not right for everyone) – and you never know – you could win and end up flying first class!

Plan for the unexpected.

Make sure that your loved ones are financially provided for if something happens to you.  Bereavement is stress itself without the added stress of not being able to pay the bills.


How Anstee & Co. can help you reduce your financial stress.

We are Independent Financial Advisers (IFA’s). This means that the financial planning advice we offer is unbiased. We will look at all the solution available to you from the “whole of market”. Our experience covers all aspects of financial planning including pensions, estate planning, investments and mortgages.

call back logo for help with financial stressOur offices are located at-

  • Kettering, Northamptonshire
  • Stamford, Lincolnshire
  • Towcester, Northamptonshire
  • London, Central London

Additional our financial advisers live at-

  • Bedford
  • Market Harborough
  • Wellingborough
  • Northampton

If you would like to find out how we can help you reduce your financial stress, then why not contact us today. The initial, “getting to know you” meeting is at our expense and is without obligation. Meetings can be arranged at a time and location that is convenient for you. Due to present government guidelines regarding COVID-19 (coronavirus) we are presently making full use of video conferencing facilities such as-

  • Zoom
  • Microsoft Teams
  • Skype
  • Facetime

We can also arrange a conference call. The choice is yours. There is no need to visit an office as all work can be handled remotely.

If you have any thoughts on this article, “Reduce your financial stress during “Stress Awareness” month.”, then we would love to hear from you.

Financial Conduct AuthorityFinally, the information contained in this article is for information purposes only and does not constitute financial advice. Anstee & Co. is authorised and regulated by the Financial Conduct Authority (FCA).