Alicia Nelson Bell, Finance Intern
2021 USU Graduate
A 2020 report from Thriving Wallet states that around 90% of Americans reported experiencing money related stress in 2019 and 2020, which makes it the top contributor to stress in America. It may seem like a no brainer, but this money related stress that so many Americans are experiencing is having an impact on pretty much every aspect of our lives. This includes mental, emotional, and physical health as well as our relationships with our friends and family. It boils down to this: the more stressed we are about finances, the less likely we are to make smart money choices.
Effects of Money Stress on Our lives
So, how bad is money stress on our health? “It’s bad enough that financial stress skews individuals’ outlooks on finances and impairs their decision making, but its ability to negatively impact immune systems and overall physical health is worse (Best Money Moves, 2020).”
To do something about the stress you may be experiencing around money, it is important to first become aware of how it is affecting your life, since there are many ways it can affect people.
Some effects may include:
Healthy Ways to Cope with Money Stress:
 Stevens, Liz. Financial Stress, Health and Employee Wellness in 2020, Best Money Moves February 25,2020.
 Bloch, Douglas Depression, Anxiety and Money Problems, YouTube, May 30,2017
 Yahoo Finance, How to Deal with Financial Stress, YouTube, May 1,2020
 Krohn, Kris, How to Eliminate Financial Stress, YouTube, Aug 21,2018.
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