I've had a lot of people lately told me that their financial situation is a main
source of their depression and their anxiety and that's exactly where we're
gonna be talking about in this video and how to get over it so make sure that you
stay tuned what is up everybody this is Chris from the rewired soul where we
talk about the problem but focus on the solution and yes money financial
situations all these things are the main source of anxiety and depression for
most people like not some but most people so make sure that you do me a
favor when you're done watching this video or right now be sure to share it
on social media so maybe some other people can get some help for their
depression and their anxiety when it comes to their finances first off I want
to say that I get it like most of the videos I do here like I do them because
I've been through them personally alright I made this channel so I can
provide solutions that have helped me so now they can help you things like that
with it okay but like my whole life like I've never been financially like really
like secure like never like a lot like I never had my parents who like bought me
the car you know or I didn't even know if we were gonna be able to stay in the
home that we were living in you know what I mean
even as an adult like because of my parents bad habits I've never learned
how to save money properly costly in debt all sorts of things so like I get
it I get how this can be the main source of depression anxiety for a lot of
people but the thing is the thing is is that right now as of today I make a lot
less money than I ever did in my entire life I'm making half the money that I
used to make if I'm being honest less than half the money that I used to make
and I'm happier than I've ever been so I feel that I have a little bit of advice
that I can help you all out with when it comes to your financial situations and
what is keeping you so stressed and so depressed the first thing the first
thing that we have to address is how you are working at a job that you absolutely
hate to make sure that you can afford the stuff that you don't even need we
have to talk about that and please be sure to check out the info
card I did a very detailed video on a book called lost connections I dive a
little bit more into this topic in a different way so please go check out
that video but one of our major issues is that we live in this society where
there is this line that has blurred between our wants and our needs and it's
just something that happens in a society that's constantly telling us what we
need what we need to get what we want and who we need to be in what we need to
look like and how we look better towards other people like all these things this
is constantly being thrown in our face left and right with every single eye on
earth as well as the fact that most of us compare ourselves to other people
we're constantly thinking about the things that we need need to make us
happy so let's talk about this real quick let's get really honest okay you
won't leave the job that you're at even though you hate it and it makes you
miserable because if you left that job even though it's a good-paying job if
you left that job how are you supposed to pay for all these things that make
you happy right like you need to make a certain amount of money there's that
word NEET again pay attention we're gonna talk about a lot about needs like
if I sat here I told you if I sat here and told you that you need to take a ten
thousand dollar pay cut today your immediate thought would be that you're
gonna be homeless on the streets if you stop making ten thousand dollars a year
you will be homeless that is a fact cut and dry that's the way it is so how
are you ever supposed to leave this job because you can't be homeless you have
kids to feed you need to pay for your car you need to
pay for groceries how can you possibly take a ten thousand dollar pay cut well
let's break it down real quick let's just use an example of I don't know
let's say $60,000 okay you are making $60,000 a year so if you made $50,000
you'd be homeless right let's take a step back let's take a step back and
really look at this situation okay let's look at the house you live in
okay how much does that house cost you where is this house is it a nice part of
town or a bad side of town and what is a bad side of town right and why do you
have that house is it for you is it for the safety because these are real things
right like when we're talking about safety yes that is a concern but let's
really look at the situation all right the car that you have you need a car how
are you supposed to get to work if you don't have a car are you supposed to
take the kids to soccer to doctor's appointments you know all
these things if you don't have a car but let's look at the type of car that you
drive is it a car that is meant to get you from point A to point B or is it a
car that you really really wanted right this car that you just absolutely needed
there's that word neat again right what kind of car is it how much you paying
for that car okay now that car that you park at the house what's inside your
house what kind of furniture do you have what kind of TV do you have what kind of
other things do you have in that house how much were those things how many of
these things are there so they look nice and they look pretty when other people
come over so they know that you have yours life together
right you need those things don't you there's that word neat again so again
like we're talking about here our brains have a screwed up time trying to
differentiate between wants and needs wants and needs wants and needs right so
the first thing I really really want you to do there's a very small simple task I
teach my clients how to do this all the time okay get a list get a piece of
paper and have one column for wants one column for needs okay write down all of
your needs and then write all the things that you want okay
after you're done writing this list I want you to take another look at your
needs and see how many of those you can really move over to the wall side okay
after that take another look at this list look at that list take another look
at your needs and see how many more of those needs can you move over to the
wants all right do this two or three times see how many things you can start
moving over to from the needs pile to the wants pile now you're starting to
get some clarity now you're starting to see that that call you have is they want
not a need it is they want right what would happen if you sold that car and
got a reliable car not an amazing car not the best car in the neighborhood not
the car that's gonna impress your friends and your family not that car but
the car that takes you where you need to go right the house that beautiful
beautiful house that you've waited your whole life to have what would happen if
you downsized what happened if you got a smaller place what would you what would
happen if you the same size place but in a different
neighborhood what would happen as you start to look at these different
financial situations that you're already in and how you can possibly adjust them
and see that your mental filter is telling you that you need these things
when you really just want them you'll start to see that you have a lot more
room to breathe you'll start to see now that your needs are actually wants now
you'll start to look at your job in a much different way you'll start to see
your job as something that you don't have to be at but you've been stuck
under this spell that you have to be at this job because of the things that you
need to pay for because you need them right so I really really hope that you
practice this exercise but we're not done yet there's one more thing that we
really need to address okay the next one I'm gonna have to clap at you real quick
stop putting yourself financially bad situations all right so this is
something I need to make an entire new video on but we're gonna talk about it
really quickly here okay because of what we just talked about in the first
segment right there about the difference between wants and needs a lot of people
are putting themselves in very very bad financial situations I see this happen
all the time I see my friends do this constantly I
see my clients do it constantly I see all of you do it costly right you sad
you're lonely you're depressed you're anxious you're worried just all these
different things going on in your head then all of a sudden you see that car
that car if I could just if I could just have that car then everything would be
fine right so you go out you go to the dealership and oh my god they approved
yet they approve you for that car what you don't got to put down a gigantic
down payment that's awesome but the down payment is still a little bit more than
you can afford right the next thing you know we're talking about monthly
payments and you were thinking like how how much can you squeeze into a monthly
payment right how much okay cool I don't know $400 yeah I guess I can do $400
yeah I guess right but you know what that salesman and the finance department
they're amazing and they take it down to 350 $350 oh my lord that is amazing
right so you leave out of there with this brand-new car you got the payments
you wanted you do you have to put down a fat down the down payment but now it's
three months later it's three months later and now you're stressing about
money and that car payment notification comes through your email if you're
paperless or it might come through the actual mail now you're looking at this
car payment hug oh my god there goes $350 why did I get this car right so
that thing you bought for that instant gratification for that gratification
that didn't last you as long as you wanted to now it is a source of your
stress of your anxiety right and now that you can't afford it or now that you
do pay but you don't want to ruin your credit right now you're depressed now
you're depressed cuz you're broke now you are driving that sad vehicle
everywhere you go this thing that you just had to buy or that temporary
gratification same thing with the house right same thing with the house or same
thing with that job you chose that job because you can make more money and if
you make more money you can buy more stuff and if you could only buy more
stuff then you would be happier right but now you're depressed to go to work
you get into the car that you can't afford you drive to the job that you
hate and then you leave work later that day you have a sad drive home because
you had an awful day at work you pull up to the house that's way too expensive
you go inside you sit on that expensive couch you buy it you watch that
expensive TV and you are just sad and depressed you see what I'm going with
this you see how these things that were constantly chasing after it's like
having that carrot at the end of the stick right or just constantly running
towards it that's what a lot of us are doing so something that we really need
to do is reconnect with our values okay we need to really reconnect with what is
important with us we need to get disillusioned from this idea that things
and stuff and money are what's going to make us happy you know what I mean like
I mentioned this in another video and maybe someday I'll do it maybe someday I
will take this camera off the tripod and take you on a tour of my neighborhood
it's not great it is not great by any means I Drive a little
Scion ia right like these are the things that I do and I am just happier than
I've ever been because I've been able to separate my wants from my needs
I've also figured out a way to work through these impulses I have to buy
things that I can't afford because I understand the poor financial situations
that they'll put me in I know that buying that next thing is going to be a
very temporary fix to my long-term problem and once I can realize that I
have already gotten rid of some of my biggest triggers you know what I mean so
again like I said at the beginning of this video like please share this please
share this with other people like this is probably one of the most important
videos I've ever made because so many people struggle with this so quit being
selfish make sure you share it with somebody okay not even somebody just
post it on Facebook dear thing on there okay but anyways do me a favor leave a
comment down below let's do this I think this will be motivated for everybody
let's do this leave a comment down below on something that you realized is a wat
and not a need let's everybody down below let's all talk about what we moved
over from our needs list over to our walks list I think this is gonna be
amazing alright but anyways if you like this
video do me a favor and give it a thumbs up and if you're new here and just
stumbled across this video I don't know what you're waiting for click that
little round subscribe button I'm always making videos to help you out with this
thing up here if you got some time clicker tap on one of those thumbnails
check out some other videos on this channel alright thanks so much for
watching start figuring out the difference
between your wants and your needs and I'll see you next time