Financial Stress? Don’t Pay the Price with Poor Health
When your wallet takes a hit, your health may suffer, too. It’s a common problem.
In a 2017 survey, 62 percent of Americans said they felt stressed out about money.
That could be bad news for their bodies.
The High Cost of Stress
An unplanned expense could send your stress level soaring. Depending on how you react,
this may lead to:
If you’re living paycheck to paycheck, stress can become routine. Long-lasting stress
may contribute to:
High blood pressure
Managing Financial Strain
It may take a while to build up your savings or pay off your credit card. But there
are things you can do to reduce your financial stress starting today. And that can
pay dividends in better health.
Take charge of your financial situation. Track your spending to see where the money goes. Then look for ways to trim your
expenses or stretch your money farther. If you’re drowning in debt, ask about setting
up a payment plan.
Create a written budget and stick to it. At first, this may lead to more anxiety. But in the long run, having a plan can reduce
Focus on one big financial decision at a time. Tackling too much at once can leave you feeling overwhelmed. Space out major purchases.
Avoid falling back on unhealthy habits. Some people react to financial woes by smoking, drinking, gambling, or eating junk
food. These behaviors only add to the physical toll.
Learn healthy ways of keeping stress in check. Relax with deep breathing, meditation, a walk, or a warm bath. Connect with supportive
family and friends. These strategies not only work well to ease stress—they’re a lot
cheaper than a cigarette habit or bar tab!