"I trust in my ability to handle my finances, even when it feels overwhelming." - Rebecca Ann

Introduction:

When it comes to widowhood, there are many things that catch us off guard -  and the financial struggle is right at the top of the list. Suddenly, you're managing bills, budgets, and accounts solo, and it can feel like you've been thrown into the deep end without a life raft. Widowhood and the financial struggle go hand in hand for many of us, but here's the good news: with time and a few helpful strategies, you can get through it and come out stronger than ever.

Episode 16:

Why Does Widowhood Trigger Financial Stress?

Widowhood and the financial struggle often stem from the sudden shift in responsibility. For many women, their partner may have handled the finances - or at least shared the load. When that dynamic changes, it can feel overwhelming. 

Here are some common reasons I have found financial stress during this time:

• Unfamiliarity with financial management tasks, like budgeting, investing, or paying bills.

• Facing new expenses or reduced income.

• Managing legal and administrative tasks like updating accounts, handling insurance, or settling estates. 

• Feeling emotional about decisions tied to your partner's legacy (like selling a home or adjusting retirement plans).

Whatever your situation, it's normal to feel overwhelmed. Widowhood and the financial struggle are a challenge, but it's one you can overcome with patience and a plan. 

Steps to Manage Widowhood and the Financial Struggle

The key to tackling widowhood and the financial struggle is breaking it down into manageable steps. Here's how you can regain control, one small win at a time:

1. Take a Deep Breath (or Ten!)

Before diving into the paperwork, give yourself permission to pause. Widowhood is an emotional rollercoaster, and trying to manage your finances while stressed won't help. Take a breath, make a cup of tea, and remind yourself that you are capable of handling this. 

2. Start Small

You don't need to solve everything at once. Start with one task, like reviewing your bank statements or setting a date to meet with a financial advisor. Small steps build momentum. 

3. Ask for Help 

Widowhood and the financial freakout aren't meant to be tackled alone. Talk to a trusted friend, family member, or professional who can guide you through this process. Whether it's a financial advisor, a widow's support group, or even an online resource, there's no shame in seeking assistance. 

4. Get Organized 

Create a system for keeping track of bills, policies, and accounts. Whether it's a physical binder or a digital folder, having everything in one place reduce stress. 

5. Educate Yourself 

If terms like "estate planning" or "budgeting" make your eyes glaze over, take the time to learn. There are so many beginner-friendly books, videos, and workshops available to help you feel empowered - not intimidated.

Remember, Progress is Progress

Widowhood and the financial struggle don't have to define this chapter of your life. Yes, it's overwhelming, but every small step you take is a victory. Whether it's setting up autopay for bills or creating a budget, you're proving to yourself that you can do this.

Most importantly, give yourself grace. You don't have to be a financial expert overnight. Widowhood is about rebuilding, and that includes your confidence with money. Take it one day - and one task - at a time.

This Weeks Actionable Step

Set up a time to review your finances this week. Take it slow - one task at a time. Progress is progress!

Final Thoughts

Widowhood and the financial struggle may be intimidating, but they're not insurmountable. With a little patience, some organization, and the right support, you'll not only manage solo - you'll thrive. Remember, you're not alone in this journey, and every step forward, no matter how small, is worth celebrating.

You've got this, queen of your financial kingdom!

Resources I Know You'll Love

Resource #1 | Redesign Your Life Membership Program - a transformative, supportive community designed specifically for women navigating life after loss. This is a private podcast, a space for growth, healing and transformation. You receive exclusive audio workshops and special episodes where we dive deeper into the 10 pillars of widowhood, including emotional wellbeing, financial stability, rediscovering identity, and more. Each workshop (6-7 episodes) is paced with actionable tools, compassionate guidance, and strategies to help you release what no longer serves you and redesign your life with hope and purpose.

Resource #2 | Widow Warrior Wear - Widow wear designed just for widows in this season of life. Our shop celebrates the strength and humor of widows with sassy slogans and empowering designs. Laugh, love, and wear your warrior spirit proudly as you journey through grief and re-design your life!

Resource #3 |Widow Wellness Kit- My Widow Wellness Kit is filled with handpicked products I've personally tried and tested as a widow navigating grief and healing. Each item has been chosen to help release stress, promote relaxation, and create moments of calm, offering practical tools I've found invaluable on my own journey - and now I'm sharing them with you.