Bouncing back

Since last week there is no such thing as a casual conversation any more, have you noticed? So many people are affected, especially by the Laiki write offs and the concern they might lose their job in the weeks to come.

You spend a lifetime building up a business, saving for your children’s education and/or your retirement, only to wake up one morning to hardly anything left of your bank balance. Loan/mortgage holders at that bank are facing uncertainty, and the added stress of not quite knowing what this whole thing will eventually lead to is starting to take a toll on the nations’ mental state.

Time for some ideas on coping with shock and stress in relation to a financial loss. Of course I do not pretend to be an expert in the sad matter of grieving, but a quick search via my trusted friend google yielded the below points via a variety of trustworthy sources. These tips all make perfect sense, but when you’re in the middle of it all sometimes it can be hard to focus!

  • Don’t take it personally. Don’t blame yourself for having your account(s) with the affected banks opposed to the ones that were spared the haircut. This is obviously a systemic failure and not a personal one.

  • Allow yourself the time to grief. Apparently the emotions experienced from losing your financial existence are similar to losing a loved one. Do not fight the negative feelings the their initial stages. Plenty of time later to try to be strong.

  • Talk, talk, talk. You do not need to actually discuss the specifics of your loss, but do share your feelings about the impact that loss has on you. To verbalise these emotions is an important stage in dealing and processing grief and getting on to the next stage.

  • Look for the silver lining. As hard as it may seem at this point, you should try to see the positive that could come from it in future. You may not be able to control what has happened, but you can control how you cope with it from now on.

  • Remind yourself that you have been through other challenges in the past. This may be the worst thing that has ever happened to you, but you have coped successfully with past difficulties which seemed insurmountable at the time.

  • Always tell yourself that no matter what, it could always be worse. This may be a tragedy, but at least you and your loved ones did not get hurt physically and you are all healthy. Wealth is replaceable eventually, health is not.

When the going gets tough, the tough get going.

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Category:Diary of a Cyprus Mum


  1. Anthoula 2021 years ago

    I resinate with your plight over in Cyprus and Carine great insight. What might also help is bending together and helping others that might be in a far worse than than us. Please don’t mis interpret this comment, I just think at times of our own need there’s always someone else in a far worse situation and by getting together and helping them we in fact help ourselves.

  2. Limomama 2021 years ago

    So precise and helpful advices. Thank you, Carine! And if you want to keep confidentiality when you’re opening up how you feel or don’t really see anyone around who is ready to listen, there is an emotional support helpline operating every evening from 4pm till midnight. I know these people, they are warm, compassionate and trustworthy. Cyprus Samaritans tel. 8000 7773

  3. m1c17_4dm1n 2021 years ago

    Thanks for your feedback! You are so right, the Cyprus Samaritans are just a phone call away and it is great that you have even supplied the phone number to call, much appreciated.

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