Business

Meditate to the tax finish line

NEW YORK(Reuters) – Stressed out by the tax deadline on April 15?

FILE PHOTO: A tax sign is pictured on an H&R Block tax office in Los Angeles, California, April 26, 2017. REUTERS/Mike Blake

Yes, of course, there is an app for that.

Some 52 percent of Americans find the filing process stressful, according to a survey by tax-prep firm TaxSlayer. That is why wellness app Headspace is trying to talk us through this difficult time with a new guided meditation collection called “Money on the Mind.”

The popular app Happify also features two different four-week programs, or “tracks,” on money: “Stop Singing the Financial Blues,” and “How Money Can Buy Happiness.”

Around tax time last year, users clicked on Headspace’s “Balance” collection five times more than usual. And for its “Money on the Mind” collection of meditations, usage of that content spiked by 60 percent.

This April, Headspace is making some of its money-related content free to all its 45 million members. More content is available to paying subscribers.

“These moments are triggers for stress, and so our users come to us for support about how to cope,” said Megan Jones Bell, Headspace’s chief science officer.

Some 20 to 25 percent of Americans wait until the final few weeks before the deadline to file their returns, according to a survey by tax-software firm TurboTax, a division of Intuit Inc.

And for those who are not able to sign on the dotted line in time, the U.S. Internal Revenue Service is projecting almost 15 million extension requests this year.

If you are up against the deadline and need to clear your head, consider these tips:

* Carve out time.

Wellness apps like Headspace use a combination of guided meditation, advice and courses to help users free their minds. It can feel counterintuitive that just sitting and breathing is going to help you with the 100 different tasks that need to be accomplished to complete your tax return.

But carve some space for this into your day and build it into your routine or it will not get done.

Bell suggests logging on in the morning, when new habits have a better chance of taking root and being sustained. The best results in stress reduction and resilience come when you are going through these mental exercises multiple times a week.

* Keep at it.

A one-off meditation session probably is not going to do you a whole lot of good, especially if you have a whopping tax bill due. But continue the habit for a while.

Jacquette Timmons, a New York City-based financial behaviorist and author of “Financial Intimacy,” suggests giving yourself 30 days – and meditating more often than not – to see how your mind and body react to the practice.

Timmons herself meditates around five times per week.

Using tools like these for 10 days, for instance, results in a 14 percent decrease in stress, according to published Headspace studies. Make it to 60 days, and you are up to a 17 percent stress reduction.

* Confront, do not avoid.

Mindfulness tools are not meant as a form of escapism, to let you float away from all your worries. After all, taxes are still due on April 15, no matter how chill you are.

But they are meant to make your mind and emotions more resilient, so that you can address the root problem without freaking out about it.

Do not expect any magical outcomes for your tax worries, but the practice can get you in the right frame of mind to deal with Uncle Sam.

“I think this can help people,” Timmons said. “Not every meditation is going to bring you an ‘A-ha moment,’ but if you do it cumulatively, it will give you some clarity of mind.”

Editing by Beth Pinsker and G Crosse


Source link

health news headlines provided courtesy of Medical News Today.

Advertisement

Advertisement Small

Follow Me

Collaboratively harness market-driven processes whereas resource-leveling internal or "organic" sources. Competently formulate.

View More Job Search Results

Calendar

July 2019
M T W T F S S
« Jun    
1234567
891011121314
15161718192021
22232425262728
293031  

Pages

Recent Comments

    RSS Meks Blog

    • How to easily create WordPress dropdown menu (without coding) July 17, 2019
      Interested to create WordPress dropdown menu all by yourself and don’t know how? Just follow our guide and learn in no time! The post How to easily create WordPress dropdown menu (without coding) appeared first on Meks.
      Ivana Cirkovic
    • 12 must join Facebook groups for photographers July 11, 2019
      Whether it’s for constructive feedback or new learnings, these Facebook groups for photographers are a great networking place to be in! The post 12 must join Facebook groups for photographers appeared first on Meks.
      Ivana Cirkovic
    • Easy guide on how to make your WordPress site private July 4, 2019
      Wondering how to make your WordPress site private knowing there is no built-in option to it? Read our guide and learn all about it! The post Easy guide on how to make your WordPress site private appeared first on Meks.
      Ivana Cirkovic
    • 10+ email list building ideas and tools (to easily grow your customer base) June 27, 2019
      What are some of the most efficient email list building ideas and tools to grow your audience in 2019 and beyond? Here’s our recommendation! The post 10+ email list building ideas and tools (to easily grow your customer base) appeared first on Meks.
      Ivana Cirkovic
    • The future of WordPress and Gutenberg Editor – Matt’s talk at WordCamp Europe 2019 June 22, 2019
      What seems to be the future of WordPress and Gutenberg Editor? These are the topics Matt covered in his summer state of WordPress at WCEU in Berlin and all the great things coming ahead. The post The future of WordPress and Gutenberg Editor – Matt’s talk at WordCamp Europe 2019 appeared first on Meks.
      Ivana Cirkovic
    • How to easily add Google Fonts to your WordPress website June 19, 2019
      Do you want to add Google fonts to your WordPress website? Here’s how you can freshen up your web place and make it faster, trendy and more appealing. The post How to easily add Google Fonts to your WordPress website appeared first on Meks.
      Ivana Cirkovic
    • Using Google Trends for market research to leverage your content creation ideas June 12, 2019
      Did you know you can use Google Trends for market research and target your customer needs, tailor content strategy, in a much better way? The post Using Google Trends for market research to leverage your content creation ideas appeared first on Meks.
      Ivana Cirkovic
    • How WordPress can help you to build and increase brand awareness June 6, 2019
      How can you build and improve brand awareness with WordPress and what steps are needed in that strategy? The post How WordPress can help you to build and increase brand awareness appeared first on Meks.
      Ivana Cirkovic
    • Starting a photography blog: The secrets successful photo bloggers won’t tell you May 30, 2019
      Is starting a photography blog the next step for your personal branding and getting out there with your work? Sure is! And here’s how you can do it! The post Starting a photography blog: The secrets successful photo bloggers won’t tell you appeared first on Meks.
      Ivana Cirkovic
    • 5+ best forum plugins for WordPress to build a loyal community in 2019 May 22, 2019
      Looking for the best forum plugin for WordPress to build a community and keep them engaged? Let us save you the time and choose among these 6 we recommend. The post 5+ best forum plugins for WordPress to build a loyal community in 2019 appeared first on Meks.
      Ivana Cirkovic

    Text

    Distinctively utilize long-term high-impact total linkage whereas high-payoff experiences. Appropriately communicate 24/365.

    Archives