How Finances Affect Mental Health: Strategies for Finding Balance and Peace of Mind

Introduction So many people go through stress related to money, which is totally and completely understandable. Sudden expenses, debt, the instability of a job, and the urge to save for the future may make one feel mismatched. But such financial stressors shouldn't just affect your bank account but, rather, can pose serious implications for your mental health. Anxiety and depression, let alone physical health problems, might be closely intertwined with financial matters-each feeding a vicious cycle that seems impossible to break. Don’t miss out on the opportunity to elevate your finance skills! If you have ever felt anxious about your financial situation, know you are not alone. According to the American Psychological Association, money is people's leading source of stress across all income levels. This connection between money and mental health will give you the insight needed to take control of your financial life and decrease some of those stressors. Let's explore how...