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By Alliant Credit Union
Do you feel stress about your finances? If so, join the club!
Financial issues pester more Americans than smoking and obesity combined. Today, only 15% of us smoke and 42% are obese, but a full 77% of us are stressed out about our finances.
The economic downturn we experienced in 2020 due to COVID gave many Americans a clear sense of how financially vulnerable they are.
Financial stress affects people at all income levels. The impact: We are less likely to make smart decisions regarding how we handle money.
Consider these harsh facts about Americans' finances:
These financial worries take their toll both mentally and physically. Stress is bad for your physical health and makes you more likely to experience increased anxiety and depression.
Fortunately, there is some relief for financial stress. Many companies offer financial wellness programs as an employee benefit. Check your company’s intranet page on employee benefits to find out if your company offers such a program.
Check out these other money tips:
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