Tag Archives: learn

5 ways to build Resilience

Do you crumble in the face of adversity or thrive under pressure?
We look at some ways you can build your resilience and manage stress.

The term resilience describes a person’s capacity to bounce back from stressful situations.  Being able to cope under difficult circumstances can reduce the incidence of mental health or behavioural problems such as depression, anxiety, substance abuse and antisocial behaviour.

There is also emerging evidence* that young people who display resilience are more likely to achieve school success.

Here are five ways you can build your resilience.

1.      Look after yourself

In a fast-paced world, we all need to take time out for ourselves occasionally. Engage in activities you enjoy, exercise regularly and ensure you get enough sleep. Taking care of yourself helps to keep your mind and body primed to deal with tough situations.

2.      Think positive

Resilient people are optimists. Maintain a positive outlook and find ways to build your self-confidence. Keeping a sense of perspective in stressful times can help you to solve problems and avoid blowing the event out of proportion.

3.      Accept change

We live in a world of constant change, so being adaptable when responding to uncertainty is a key life skill. Rather than expecting to have full control over everything in your life, instead expect the unexpected. Be open to different points of view and rather than resisting change, try to engage with it.

4.      Make connections

In a TED talk which has achieved over 11 million views, Stanford University health psychologist Kelly McGonigal discusses how the stress hormone, oxytocin, motivates us to seek support from people who care about us.

Building close relationships, whether that is with colleagues, family or friends, can help you to recover more quickly from stressful situations.

5.      Learn from your mistakes

Failure is one of life’s common traumas, yet our responses to it can vary widely. Seeing failure as a learning opportunity is one of the traits of resilient people. Appreciating your mistakes for what they are can help you to overcome fears, take responsibility and live a life without regrets.

Build Your Confidence Around Money

Most of us have some insecurities… it could be about how we look, how to act in certain circumstances,  or where to invest.

Usually when we don’t understand something, like why people act a certain way, how to put a great meal together or direct shares, superannuation, our mortgage, taxes or insurance, we can also feel insecure.

People who are good with money often use a particular trait to get past the insecurity… they ask for help.  Understand that you don’t know what you don’t know… and ask an expert.

No shame in that!  All of us excel in certain areas, and just aren’t that hot in others… or even interesting in becoming so!

Do you have a friend who keeps their finger on the pulse with finances, studied accounting or has a finance degree?  Or someone who just really has it together financially with low debt and good income producing assets?  And I don’t mean the cabbie with the hot tip for the races!

Not everyone wants to know, or needs to know how managed funds work, the intricacies of Self-Managed Superannuation or the tax advantages of the Transition to Retirement Strategy.  No shame in that!

So, what do you try and conceal about money that you feel you should know?  Are there areas that you’d like to know more about?  Do you know someone who could help you with this? And you then feel you’d make more informed decisions? Or are you happy ‘outsourcing’ to the professionals?  Often the best option of all!

Build up your own confidence around money with education – read some books, take some online courses or ask someone who’s pretty savvy how they manage.

Education is a great healer for all insecurities!  Try it today.