Financial stress: Learn how to move on and take action once and for all

Are you stressed about money? You’re not alone. According to a study by Capital One, 73% of Americans rate money problems as the number one factor contributing to a more stressful life.

What is financial stress?

Your financial health and well-being influence your mental and physical states of being. Financial stress is like any other stress, but it’s related to money. It’s an overwhelming psychological state of worry, anxiety, and tension. More emotion than reason.

What causes financial stress?

Money problems lead to financial stress. Excessive worry about money and things you can’t control. Perhaps you don’t have enough money or have large amounts of debt that you don’t know how to pay. Perhaps you have enough money but you’re scared to spend it.

Tips for dealing with financial anxiety

Luckily you have choices. There’s a way to manage stress and get your finances together.

Tips for dealing with financial anxiety

1. Talk openly about your money worries 2. Keep your emotions separate from money 3. Create a budget and review your finances regularly

Tips for dealing with financial anxiety

4. Build a financial safety net 5. Put your financial goals into motion 6. Change your focus and remain positive

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