Most people consider financial planning to be a source of stress. If this is you, we have news for you. Your thoughts are all wrong. Creating and following a financial plan is a great way to reduce stress. In fact, financial planning ensures the release of four important hormones associated with happiness and well-being.
What is the happiness hormone?
Happiness hormones are chemicals in the brain that play an important role in regulating mood, emotions, and feelings of well-being. The four main happiness hormones are dopamine, serotonin, oxytocin, and endorphins. Each of these chemicals contributes to well-being in different ways. Dopamine is associated with pleasure and reward, serotonin stabilizes mood and promotes feelings of calm, oxytocin fosters connection and trust, and endorphins act as natural pain relievers and boost mood during physical activity.
These hormones are released in response to a variety of stimuli, including goal achievement, social bonding, exercise, and even financial security. Activities that promote the release of these hormones, such as managing stress, setting and achieving goals, building strong relationships, and maintaining a healthy lifestyle, can significantly improve your overall sense of well-being and mental health. You can.
Financial planning can help release these hormones. Not sure? Read on to learn exactly how creating and managing your financial plan can instantly boost your sense of well-being and help you maintain a good mood long-term.
Dopamine and financial goals
Dopamine is a chemical messenger that flows through the nervous system. When dopamine is released in the body, it creates a feeling of pleasure. These feelings can be very motivating.
This hormone is associated with motivation and reward. Therefore, setting exciting or important goals increases dopamine. And the closer you get to achieving that goal, the more joy you get.
Setting financial goals and monitoring your progress toward them is an important aspect of financial planning and a surefire way to release dopamine and feel happy.
Boldin Retirement Planner is a great way to:
- Make a plan (boost your dopamine)
- Find ways to improve your finances (release more dopamine)
- Monitor your financial health and stay on track (get a continuous stream of dopamine every time you log in)
Serotonin and financial anxiety
Serotonin is considered a natural mood stabilizer. Reduces depression and regulates anxiety. One thing you can do to increase serotonin in your body is to have real self-confidence.
Feeling financially insecure can send you into a cycle of anxiety.
Taking steps to better manage your current and future financial situation releases serotonin, which makes you feel better about money and improves your overall happiness.
Creating a written financial plan has been proven to help you feel more confident about your current financial situation and future goals.
Oxytocin – Trust and Connection
Oxytocin is also called the love hormone. It has to do with childbirth, breastfeeding, sex, empathy, trust, and social connection.
Hormones are explained as “an important component of a complex neurochemical system that allows the body to adapt to highly emotional situations.” For better or for worse, money can affect our emotions, both in good and bad ways.
Increasing trust and social connections may release oxytocin.
trust
Author Loretta Bruning happy brain habitssays, “Social trust triggers oxytocin. You don’t feel good hugging someone you don’t trust. Trust comes first.”
Trust is difficult when it comes to money. Research shows that financial services are the least trusted service sector. One problem is that most people don’t know enough to trust advice from financial institutions. Additionally, many (but not all) advisors are self-serving.
Being able to track and manage your financial plan using tools like Boldin Retirement Planner is one way to build confidence. You can evaluate the advice given by incorporating it into your system and seeing its impact on yourself. This will help you gain confidence in your advisor, the article, and yourself.
social connections
You may have heard this a lot, but I don’t like talking about money with friends and family. The tendency to keep your financial stress to yourself can harm you in many ways. “You can build social trust by taking small positive steps towards people,” says Brüning.
you might want to try Boldin Facebook Group Here you can post your financial questions to support groups interested in improving your financial planning.
endorphins
Endorphins are primarily released in response to physical experiences. Endorphins are the happy hormones most closely associated with exercise and laughter.
So while there may not be a direct connection between creating and maintaining a financial plan and releasing endorphins, there is no doubt that making such a plan will make you feel more joyful and ready for laughter and joy. there is no.
Think of your financial and retirement plans as a roadmap to that blissful endorphin-filled future.
Increase financial security and happiness with your plan
Financial planning not only secures your future, but also increases your mental well-being by increasing happiness hormones such as dopamine and serotonin. By reducing money-related stress, giving you a sense of control, and helping you achieve long-term goals, a solid financial plan fosters a sense of accomplishment and peace of mind. Use Boldin Retirement Planner today for your happiness and financial security.
Having a plan gives you peace of mind and allows you to focus on enjoying life.
