587: Overcoming Financial Anxiety and Economic Uncertainty
Achieve Your Goals with Hal Elrod
Hal Elrod
4.8 • 1.4K Ratings
🗓️ 21 May 2025
⏱️ 37 minutes
🧾️ Download transcript
Summary
One of the biggest contributors of stress that is impacting millions of Americans right now is financial anxiety and economic uncertainty. In fact, according to a recent survey, 70% of the population is feeling the impact of the current economy. Not just mentally, but there's also a physical toll when your overall health, diet, and sleep habits start to slip.
With that in mind, I'm sharing tips on mastering your mindset and three (3) simple steps that helped me turn things around from one of the darkest periods of my life in 2008, when I was drowning in debt, to doubling my income in just two months, even as the recession got worse. How did I do it? I leaned into what would become the Miracle Morning and the S.A.V.E.R.S. to focus on improving my financial situation. In doing so, I was able to stop my suffering and depression, regain my peace of mind, and start building momentum again.
Whether you're struggling with inflation and the rising costs of groceries and basic needs or simply feeling stuck, these three steps can help you take action today and improve your situation, starting from the inside out. And always remember that your peace of mind is not determined by your paycheck but by your perspective.
KEY TAKEAWAYS
- 70% of Americans are currently dealing with financial anxiety
- How the Miracle Morning and S.A.V.E.R.S. were created during my own personal financial crisis
- Why mastering your mindset is the first step to overcoming financial stress.
- How to apply the S.A.V.E.R.S. towards specific goals like improving your income
- Reviewing and cutting unnecessary expenses relieves stress and creates peace of mind
- Focus on the things that are within your control
Get The Full Show Notes
To get full access to today's show notes, including audio, transcript, and links to all the resources mentioned, visit MiracleMorning.com/587
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Transcript
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| 0:00.0 | Hello and welcome to the Achieve Your Goals podcast, the show that empowers you to wake up to your full potential and achieve your biggest goals and dreams. |
| 0:09.6 | I am your host, Hal Elrod, and I invite you to join us each week as we share actionable strategies to take your life to the next level, |
| 0:16.6 | as well as interview world-class experts and entrepreneurs who have achieved extraordinary goals |
| 0:21.9 | themselves and we ask them to give you a peek behind the curtain and teach you exactly what you |
| 0:26.5 | need to do to do the same. Ready? Here we go. |
| 0:36.4 | Hey there, it's Hal Elrod and welcome to the Achieve Your Goals podcast. |
| 0:39.8 | Today we're talking about something that is hitting close to home for millions of people |
| 0:44.3 | right now, and that is financial anxiety and economic uncertainty. |
| 0:49.1 | Now, in preparing for today's episode, I came across a recent national survey that stated |
| 0:53.0 | nearly 70% of Americans, and I'd imagine it's true worldwide, but this specific survey was to Americans, but nearly 70% of Americans are experiencing financial anxiety and economic uncertainty. And it's not just mental and emotional. |
| 1:08.5 | 41% report physical symptoms. You can probably relate to this. |
| 1:11.7 | So headaches, muscle tension, digestive issues, which is caused by stress and probably the |
| 1:18.3 | one that's most prevalent and that we can all relate to is insomnia, right? Trouble falling |
| 1:24.1 | asleep, trouble staying asleep because we're stressed out and we're overwhelmed. |
| 1:28.4 | And what's worse is 76% of people are trying to deal with the stress alone. |
| 1:34.6 | They're trying to solve their financial issues, even though they're stressed out and they're |
| 1:38.0 | overwhelmed and they can't think straight and they don't know what to do. |
| 1:40.6 | They're trying to solve it alone. |
| 1:42.4 | And I can relate to that because during the 2008 financial |
| 1:45.4 | crash, when I lost over half of my income and I was struggling financially and my house is |
| 1:51.6 | foreclosed on all these things, I suffered in silence for roughly six months. And it was only when I |
| 1:57.6 | finally asked for help after I was, you know, keeping it to myself, trying to figure it out alone. It was only when I finally asked for help after I was, you know, keeping it to myself, |
... |
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