How to Handle an Anxiety Attack

Did you know that almost everyone will experience an anxiety attack at least once in their life? Although many people feel euphoric about living with easy access to everything at their fingertips, they are constantly subjected to stressful triggers. Most of the anxiety attacks are caused by excessive fearful behavior fueling the assumption that something bad is about to happen. Let’s delve into some simple, yet effective habits that can prevent this health hazard:

Recount experiences to identify the usual suspects: I can vividly recall one of my job interviews when I felt ecstatic because I was coasting towards my dream job. Then came a decisive moment, where I clicked the panic button for no reason which completely crushed my chances. Two weeks later, I received the sad but apparently correct response that I did not get the job. This incident made me realize that fear of failure was the main culprit behind my fiasco.

Embrace your fears: The root cause of anxiety is diverse types of fear. Fear signals instant danger and puts you in alert mode; however, most often it is a result of a perceived or an imaginary threat. Furthermore, if you develop a fear of anxiety attacks, it will gradually develop into Panic Attack Disorder, a condition where panic attacks are recurrent and disabling. Start acknowledging the fact that fear is a natural and powerful emotion that can either mentally drown you into an abyss or help you stay afloat in challenging situations. To its credit, fear has been acknowledged as an integral part of the success story of the human evolution progression.

Relax your mind and body: Anxiety attacks dare not kill you! They are not heart attacks after all. Sipping a cup of hot green tea, taking a slow and deep breath, getting a massage, listening to your favorite playlist or going for a long run – these are all effective and fun-filled ways of alleviating stress levels. Identifying your hobbies and indulging in them, even for a brief amount of time during these attacks, will uplift and rejuvenate your senses.

Everything’s Gonna Be Alright: Remember that famous line from Bob Marley’s song? Stop worrying about the future and do not delve into the past. Enjoy the present moment and the simple fact that you are “alive.” Come to a consensus that becoming agitated and spiraling down into a nervous breakdown is not worth it. Anxiety attacks are just like passing clouds; they will have their brief moment and disappear as soon as your brain receives feedback that the imminent threat is averted.

The right amount of self-help coupled with therapy from a professional counselor can do wonders in understanding and overcoming anxiety attacks.

 

 

P. Ganga  | DBPC Blog

The A to Z’s on how to do your taxes in Ontario

“The hardest thing to understand in the world is the income tax.” — Albert Einstein

I was one among many people who used to dread filing taxes. The tax terminologies, countless number of boxes on the tax forms and finally, the confusion over where to insert figures associated with earnings and deductions; a great concoction for an absolute nightmare. However, I must admit that one can become aware of the intricacies of taxes, by becoming mindful about finances.

 

When to file a tax return in Ontario

The last day of April is the deadline to file tax returns unless it falls on a Sunday. If it does, CRA will consider taxes filed on time, if they are received or postmarked on or before May 1st. For the self-employed and their spouse, the deadline stretches till June 15. However, they must still pay taxes on or before April 30th, if they owe money to the government.

 

You need to

1) Collect all tax information slips provided by your employers, banks, and businesses. This will provide a clear picture of total earnings and income tax that was deducted for the calendar year. T4 — Statement of Remuneration Paid, T4A(OAS) — Statement of Old Age Security and T4RSP — Statement of RRSP Income are a few examples of these slips.

2) Gather all the receipts and information pertaining to tax deductions and credits. Before that, the difference between a tax deduction and credit is that the former reduces the amount of income that is subject to income tax, whereas the latter reduces the amount of tax owing. Transit passes, union dues, charitable donations, rent or property taxes, moving expenses — all can be claimed under tax deductions. Ontarians can apply for several tax credits, according to the government of Ontario, like Ontario Trillium Benefit, Senior Homeowners’ Property Tax Grant, Ontario Children’s Activity Tax Credit etc.,

3) Find out your allowable RRSP contribution limit for the year, which can be found in the latest Notice of Assessment.

 

Multiple options to seal the deal …

1) NETFILE: This is an electronic tax-filing service that allows you to send your individual income tax and benefit return directly through the CRA website using the Internet and an NETFILE-certified software product. If you are a low-income earner, you can get this software for free. Another advantage of this option is the instant acknowledgment of receipt of tax return and best of all, you will receive the tax refund within two weeks, based on your situation.

2) Mail: Although it just costs a stamp to mail your return, it can take up to eight weeks to hear back from CRA regarding the tax return status.

3) EFILE: Ideal for complex tax situations or the self-employed. This service can cost anywhere between $80 to $220 for tax services offered to you by tax professionals or accountants.

 

 

P. Ganga  | DBPC Blog