Title: Benefits of Being Financially Stable | Children's Bureau
Headings: Benefits of Being Financially Stable
Blog
Benefits of Being Financially Stable
Mental Health
Stress and Overall Health
Stability in the Family
Becoming Financially Stable
Sources

Content: While chronic stress of any kind contributes to a myriad of long-lasting physical health issues, anxiety about money in particular has its own set of disadvantages. According to Elizabeth Scott, MS, an author wellness coach who specializes in stress management and quality of life, references the following as the primary issues resulting from financial stress: As mentioned above, those who are experiencing financial stress are more likely to engage in unhealthy coping behaviors. These can include drinking, smoking, overeating, or other unhealthy mechanisms in response to their anxiety. Unfortunately, this leads to more stress, which is associated with even more health risks. Less money for self-care. Those who are struggling to make ends meet are far less likely to choose to pay for “extra” things like chiropractic care or preventative measures, or even basic healthcare or dentalcare, when meeting basic necessities is a priority. Unfortunately, when small health issues go unchecked, they can turn into larger problems – in turn leading to more stress in the long run. Less sleep. When individuals are under financial stress, they often experience trouble sleeping (or working long hours) which can add up to a sleep deficit over time.