Title: What is Financial Stress? | Payoff Life
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Content: And then you realize it’s been weeks since you have thought about anything except your bills.” While financial stress can disturb almost every corner of your life, when measuring its effects, you need to focus on how it impacts three main areas — your thoughts, feelings and behaviors. Thoughts — Financial stress can cause persistent negative thoughts, such as beating yourself up over past mistakes. Feelings — Financial stress can cause feelings of fear, worry or regret related to your finances. Behaviors — Financial stress can cause changes in your behaviors, like avoiding social occasions. Want to better understand the impact of financial stress has on your life? Our resident clinical psychologist, Dr. Ryan Howes, discusses how to keep your financial stress from becoming severe and how you can overcome it in our article: “ The Impact of Financial Stress ”
Managing Financial Stress
“Humans have been dealing with stress forever,” Dr. Buckwalter says. “ And we have found some amazingly effective ways of managing stress. Exercise, relaxation, mindfulness — all of these can reduce existing financial stress and even more usefully, can keep it from developing.”