--- title: "Busey Bank | Overcoming Financial Anxiety: Strategies for a Healthy Money Mindset" description: Busey Bank's Money Matters blog outlines some practical tips to help you develop a healthier money mindset. image: https://moneymatters.busey.com/hubfs/MoneyMatters/2503_BAN_MM_June_Q2W2_350x350.png --- - [Personal](https://www.busey.com/personal) - [Business](https://www.busey.com/business) - [Wealth Management](https://www.busey.com/wealth-management) - [Mortgage](https://www.busey.com/mortgage) - [Ag Services](https://www.busey.com/ag-services) - Community - [Busey Drives Generosity](https://www.busey.com/busey-drives-generosity) - [Community Banking](https://www.busey.com/personal/community-banking) - [Community Calendar](https://www.busey.com/about-us/community-calendar) - [Community Shred Day Events](https://www.busey.com/about-us/shred-days) - [Financial Education Center](https://www.busey.com/personal/financial-pathways) - [Busey Bank Bridge Scholorship](https://www.busey.com/busey/busey-bank-bridge-scholarship) - [Community Reinvestment Notice](https://www.busey.com/about-us/community-reinvestment-notice) - [Community Reinvestment Act Public File](https://www.busey.com/about-us/community-reinvestment-act-public-file) - [Charitable Contributions Guidelines](https://www.busey.com/about-us/charitable-contributions-guidelines) - About Us - [The Busey Way](https://www.busey.com/about-us/the-busey-way) - [Busey Volunteerism](https://www.busey.com/about-us/busey-volunteerism) - [Giving Back to the Communities](https://www.busey.com/about-us/impact) - [Awards & Recognition](https://www.busey.com/awards-and-recognition) - [Newsroom](https://www.busey.com/about-us/newsroom) - [Investor Relations](https://ir.busey.com/) - [Careers](https://www.busey.com/about-us/careers) Open Search Close search dialog Enter search terms Start Site Search [![Busey Bank](https://moneymatters.busey.com/hubfs/Busey_October2019/images/busey-bank.svg)![Busey Bank](https://moneymatters.busey.com/hubfs/Busey_October2019/images/busey-circle.svg)](https://www.busey.com/) - I want to - [Open an Account](https://go.busey.com/) - [Apply for a Consumer Loan](https://app.loanspq.com/apply.aspx?enc=Kw21Wblm1yxpjJabdoZaD-jlXO7mpgTdb1qy86LnvVIwZ_IS0ex49CDYic-LEbz2VzE7E43j2guZbuQ41B2elw) - [Purchase or Refinance a Home](https://www.busey.com/mortgage) - [Enroll in Online Banking](https://www.busey.com/personal/products-and-services/online---mobile/online-banking) - [Request an Appointment](https://www.busey.com/bank-by-appointment) - [Join Team Busey](https://www.busey.com/about-us/careers) - Tools & Resources - [Money Matters Blog](https://moneymatters.busey.com/) - [Customer FAQs](https://www.busey.com/busey/customer-care/frequently-asked-questions) - [Financial Calculators](https://www.busey.com/personal/financial-calculators) - [Request an Appointment](https://www.busey.com/bank-by-appointment) - [Holiday Observances](https://www.busey.com/busey/customer-care/holiday-observances) - [Disclosures](https://www.busey.com/busey/customer-care/disclosures) - [Publications](https://www.busey.com/money-matters/publications) - Customer Care - [Contact Us](https://www.busey.com/busey/customer-care/contact-us) - Locations - [Locations & Hours](https://www.busey.com/busey/customer-care/locations-and-hours) - I want to - [Open an Account](https://go.busey.com/) - [Apply for a Consumer Loan](https://app.loanspq.com/apply.aspx?enc=Kw21Wblm1yxpjJabdoZaD-jlXO7mpgTdb1qy86LnvVIwZ_IS0ex49CDYic-LEbz2VzE7E43j2guZbuQ41B2elw) - [Purchase or Refinance a Home](https://www.busey.com/mortgage) - [Enroll in Online Banking](https://www.busey.com/personal/products-and-services/online---mobile/online-banking) - [Request an Appointment](https://www.busey.com/bank-by-appointment) - [Join Team Busey](https://www.busey.com/about-us/careers) - Tools & Resources - [Money Matters Blog](https://moneymatters.busey.com/) - [Customer FAQs](https://www.busey.com/busey/customer-care/frequently-asked-questions) - [Financial Calculators](https://www.busey.com/personal/financial-calculators) - [Request an Appointment](https://www.busey.com/bank-by-appointment) - [Holiday Observances](https://www.busey.com/busey/customer-care/holiday-observances) - [Disclosures](https://www.busey.com/busey/customer-care/disclosures) - [Publications](https://www.busey.com/money-matters/publications) - Customer Care - [Contact Us](https://www.busey.com/busey/customer-care/contact-us) - Locations - [Locations & Hours](https://www.busey.com/busey/customer-care/locations-and-hours) ![](https://moneymatters.busey.com/hubfs/Busey_October2019/MoneyMattersBlogHeader_December2023.jpg) # Overcoming Financial Anxiety: Strategies for a Healthy Money Mindset Posted by [Busey Bank](https://moneymatters.busey.com/author/busey-bank) on Jun 9, 2025 10:15:00 AM ![Busey Bank](https://moneymatters.busey.com/hubfs/Logos/BuseyCircleBlue.png) Find Busey on: [Facebook](https://www.facebook.com/BuseyBank/) [LinkedIn](https://www.linkedin.com/company/busey/mycompany/) [Twitter](https://twitter.com/busey) Share on: [![Share on facebook](https://f.hubspotusercontent00.net/hub/7528304/hubfs/raw_assets/public/mV0_hubspot/img/facebook-color.png?width=24&name=facebook-color.png)](http://www.facebook.com/share.php?u=https://moneymatters.busey.com/busey-bank-overcoming-financial-anxiety-strategies-for-a-healthy-money-mindset&utm_medium=social&utm_source=facebook) [![Share on linkedin](https://f.hubspotusercontent00.net/hub/7528304/hubfs/raw_assets/public/mV0_hubspot/img/linkedin-color.png?width=24&name=linkedin-color.png)](http://www.linkedin.com/shareArticle?mini=true&url=https://moneymatters.busey.com/busey-bank-overcoming-financial-anxiety-strategies-for-a-healthy-money-mindset&utm_medium=social&utm_source=linkedin) [![Share on twitter](https://f.hubspotusercontent00.net/hub/7528302/hubfs/raw_assets/public/mV0_hubspot/img/twitter-color.png?width=24&name=twitter-color.png)](https://twitter.com/intent/tweet?original_referer=https://moneymatters.busey.com/busey-bank-overcoming-financial-anxiety-strategies-for-a-healthy-money-mindset&utm_medium=social&utm_source=twitter&url=https://moneymatters.busey.com/busey-bank-overcoming-financial-anxiety-strategies-for-a-healthy-money-mindset&utm_medium=social&utm_source=twitter&source=tweetbutton&text=) [![Share on pinterest](https://f.hubspotusercontent00.net/hub/7528304/hubfs/raw_assets/public/mV0_hubspot/img/pinterest-color.png?width=24&name=pinterest-color.png)](http://pinterest.com/pin/create/button/?url=https://moneymatters.busey.com/busey-bank-overcoming-financial-anxiety-strategies-for-a-healthy-money-mindset&utm_medium=social&utm_source=pinterest&media=) Given recent U.S. foreign trade policy decisions and the subsequent market instability, it’s tough to avoid that feeling of anxiety that may be lingering in the back of your mind. Recent events have led to headlines and chatter that can cause fear and panic. In times like these, how can you find an oasis of calm for your financial anxiety? ![A man and woman stand in a kitchen counter.](https://moneymatters.busey.com/hs-fs/hubfs/MoneyMatters/2503_BAN_MM_June_Q2W2_600x200.png?width=1250&height=417&name=2503_BAN_MM_June_Q2W2_600x200.png) While your feelings may be surfacing based on a multitude of situations—from previous experiences, societal pressure or even your own beliefs—it’s important to identify the source. Maybe you’re overwhelmed by debt, paying for a child’s college tuition or worried about your retirement savings? No matter your personal financial history, it’s important to work on building a healthy money mindset. Both your attitude and cognitive biases can shape your decisions about money. Learn how to overcome mental roadblocks and make better financial decisions by implementing some of the tips below into your everyday but, first, let’s discuss the money mindset itself. **The Money Mindset** Research shows that many individuals, no matter their income or credit score, likely have some level of worry over their finances. This suggests that the feeling of stress is common among all types of people. - Your financial decisions can be affected by your mental state, including worries about the stock market’s volatility, which can lead to selling investments prematurely. - Long-term thinking encourages saving and investing for the days to come, while short-term thinking can lead to impulse spending, resulting in immediate gratification. - With an abundant mindset, there is the belief that plenty of opportunities and resources are available, while a scarcity mindset focuses on the fear of running out of resources. **A Shift in Attitude** When stress and uncertainty set in, you're more prone to falling victim to several pitfalls, including poor financial decisions, impulse spending and a short-term focus. How can you shift this way of thinking? - Be mindful and carefully consider the entire situation before jumping into action. - If you’re stressed, consider avoiding making impulsive financial decisions and consult someone you trust first. - Define your values and use them as guideposts in your financial decisions—making sure they match your life goals. - If you’ve made financial mistakes in the past, try to accept and acknowledge them while you come up with a plan to avoid similar errors in the future. Some specific thought patterns—known as cognitive bias—can lead us to make irrational decisions. Cognitive biases can significantly impact financial decisions because they cause people to make emotional choices rather than rational ones. Common examples include: - Overestimation: Can lead to excessive financial risks or ignoring professional advice because of an overestimation of your personal expertise. - Framing Effect: Decisions are influenced by the amount of information available. - Confirmation Bias: Leads to individuals favoring information that confirms a pre-existing belief and disregarding information that contradicts what they believe. - Anchoring: Occurs when initial information is relied on too heavily. **Making Better Decisions** How can you make better financial decisions as you try to leave the negative thoughts and attitudes behind? Below are a few more practical tips: - Practice mindful spending and saving by taking note of where your money is going and if it aligns with your future or present goals and values. - Invest in personal development by seeking financial education opportunities—whether it’s an online course, app or even a podcast. Busey offers our complimentary Financial Pathways platform, which offers tools, tips and resources to help you build strong financial futures for yourself, your family and your community. Learn more at [busey.com/FinancialPathways](https://www.busey.com/personal/financial-pathways). - Create a list of your short- and long-term goals. Then, add specific action steps that can help you achieve those goals or take steps in the right direction. Clarity in why you do or don’t make certain financial decisions can improve your overall financial confidence. Goal setting can be overwhelming at times. Consider implementing a practice like SMART goals to help you create an actionable and well-defined set of guidelines to go by when it comes to planning. - S – Specific: Goals should be clear and well-defined. - M – Measurable: Goals should be measurable so you can track your progress. - A – Achievable: Goals should be realistic and attainable, considering your resources, abilities and constraints. - R – Relevant: Goals should align with your broader objectives and be meaningful to you. - T – Time-bound: Goals need a target date to create a sense of urgency and commitment. By taking a big picture view of your finances, you’ll have a better idea of where you stand and develop a heathier money mindset. The financial advisors with Busey Wealth Management can help you create a plan that helps you reach short- and long-term goals. To learn more about our holistic approach, visit [busey.com/wealth-management](https://www.busey.com/wealth-management).   *This is not intended to provide legal, tax or accounting advice. Any statement contained in this communication concerning U.S. tax matters is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties imposed on the relevant taxpayer. Clients should obtain their own independent tax advice based on their particular circumstances.* *This material is provided for educational purposes only and should not be construed as investment advice or an offer or solicitation to buy or sell securities.* *This presentation is for general information purposes only. It does not take into account the particular investment objectives, restrictions, tax and financial situation or other needs of any specific client.* *![2406_LOGO_NoNotMay_WM_Disclosure_K](https://moneymatters.busey.com/hs-fs/hubfs/Logos/Wealth%20Management%20Not%20May%20No%20Logos/2406_LOGO_NoNotMay_WM_Disclosure_K.png?width=511&height=59&name=2406_LOGO_NoNotMay_WM_Disclosure_K.png)*   Topics: [Wealth](https://moneymatters.busey.com/tag/wealth) # Join the online Busey community and leave a comment below! ### Busey Bank knows Your Money Matters Money Matters, a financial blog designed to provide insights, resources and tips from the financial experts at Busey, covers a variety of topics to help you realize your financial goals. Topics are focused on Busey's five lines of business—personal, mortgage, commercial, cash management and wealth management.  New content is added regularly to deliver up-to-date information in today's evolving financial landscape. We encourage you to subscribe to Money Matters to ensure you don't miss helpful tips and how to's as they become available. ### Subscribe Here! ### Recent Posts ### Posts by Tag - [Wealth (149)](https://moneymatters.busey.com/tag/wealth) - [Fraud (58)](https://moneymatters.busey.com/tag/fraud) - [Personal (52)](https://moneymatters.busey.com/tag/personal) - [Retirement Planning (29)](https://moneymatters.busey.com/tag/retirement-planning) - [Business (28)](https://moneymatters.busey.com/tag/business) - [Financial Planning (22)](https://moneymatters.busey.com/tag/financial-planning) - [Tax Planning (17)](https://moneymatters.busey.com/tag/tax-planning) - [Estate Planning (13)](https://moneymatters.busey.com/tag/estate-planning) - [Investment Management (10)](https://moneymatters.busey.com/tag/investment-management) - [Student (9)](https://moneymatters.busey.com/tag/student) - [Mortgage (8)](https://moneymatters.busey.com/tag/mortgage) - [Life Insurance (4)](https://moneymatters.busey.com/tag/life-insurance) - [Charitable Contributions (3)](https://moneymatters.busey.com/tag/charitable-contributions) - [Cybersecurity (2)](https://moneymatters.busey.com/tag/cybersecurity) - [Agriculture (1)](https://moneymatters.busey.com/tag/agriculture) - [COVID-19 (1)](https://moneymatters.busey.com/tag/covid-19) - [Private Client (1)](https://moneymatters.busey.com/tag/private-client) See all top [X](https://x.com/busey) [Facebook](https://www.facebook.com/pages/Busey/170837079633132) [Instagram](https://www.instagram.com/buseycorp/) [LinkedIn](https://www.linkedin.com/company/busey/) - [U.S. Consumer Privacy Notice](https://www.busey.com/privacy-and-security) - [Terms of Use](https://www.busey.com/terms-of-use) ©2026 Busey Bank [Equal Housing Lender](https://www.hud.gov) [Member FDIC](https://www.fdic.gov)