In an editorial published earlier this week in the BMJ psychiatrists assert that Both options look equally effective, although evidence is limited. But how does CBT work to treat something as complex as depression? The video above shares some answers.
It’s that time of the year again as we are once again heading towards tax season, and with it the seemingly inevitable stress and frustration of preparing our taxes. Sure, if you are a full-time employee and your employer made the correct deductions from your paychecks then you may not have much to worry about. But for many of us, preparing taxes is not such a cut-and-dried process.
For example, many folks working in the service industry, or as contractors, may not have had enough (or any) taxes withheld from their paychecks. As a result these people may find themselves in hot water come April 15th if they do not have the funds on hand to cover the taxes that they owe.
Others, including entrepreneurs and small business owners may have many complex tax forms to fill out. As a small business owner myself I can tell you that preparing a profit and loss report for the entire year can be a full days work, especially if your bookkeeping skills are underdeveloped. Sure, there are tons of tax preparation services that you can hire, but even then it can be hard to tell who really knows what they are doing and who is going to be able to save you the most money while adhering to the letter of the law. These services range from behemoth companies like H&R Block to smaller mom-and-pop businesses who may offer more individualized support.
That being said, once you have moved past being able to get away with using TurboTax of filing a 1040ez form, chances are there is going to be some stress involved.
Well, there way I see it there’s certainly no harm in using a little CBT to help improve the situation.
woman doing taxes, getting stressed
One of the most important things to remember as you go into tax season is the fact that, no matter how much you may owe, it really is going to work out in the end, and that sooner or later you will be able to settle your debts, even if this requires going on a temporary repayment plan.
Personally, I was unable to pay my tax debt in full for a period of 3 or 4 years. I don’t know exactly because I have moved on and put the details out of my mind. The important thing though, is that I was able to pay the debt off, in full, and I now make quarterly payments for more than I owe for the first three quarters.
Our financial lives have peaks and valleys, and when you are stuck in the valley it’s easy to get really stressed out and feel a lot of anxiety about your financial future. I get it. I’ve been there.
Here’s the thing though it is your *thinking* that is the key factor that determines your financial destiny. So take responsibility for your situation. The amazing thing is that when you start looking at your own thinking as the root cause of your current financial situation, you realize that you have the power to shape your financial future.
When you have a good handle on this concept, you realize that the forms themselves, and all the other external circumstances really aren’t that big a deal. Just hire a pro, or get a pot of coffee and lock yourself in your office until you’ve processed the necessary paperwork and gotten everything in order so that you can file your taxes and move on to more important, and pleasurable activities.