Title: Coping with Financial Stress - HelpGuide.org
Headings: Coping with Financial Stress
Coping with Financial Stress
Feeling overwhelmed by money worries? Whatever your circumstances, there are ways to get through these tough economic times, ease stress and anxiety, and regain control of your finances.
Understanding financial stress
Effects of financial stress on your health
If you are feeling suicidal…
The vicious cycle of poor financial health and poor mental health
Dealing with financial stress tip 1: Talk to someone
Getting professional advice
Opening up to your family
Tip 2: Take inventory of your finances
When your financial problems go beyond money
Tip 3: Make a plan—and stick to it
Tip 4: Create a monthly budget
Tip 5: Manage your overall stress

Content: Even before the global coronavirus pandemic and resulting economic fallout, an American Psychological Association (APA) study found that 72% of Americans feel stressed about money at least some of the time. The recent economic difficulties mean that even more of us are now facing financial struggles and hardship. Like any source of overwhelming stress, financial problems can take a huge toll on your mental and physical health, your relationships, and your overall quality of life. Feeling beaten down by money worries can adversely impact your sleep, self-esteem, and energy levels. It can leave you feeling angry, ashamed, or fearful, fuel tension and arguments with those closest to you, exacerbate pain and mood swings, and even increase your risk of depression and anxiety. You may resort to unhealthy coping mechanisms, such as drinking, abusing drugs, or gambling to try to escape your worries. In the worst circumstances, financial stress can even prompt suicidal thoughts or actions. But no matter how hopeless your situation seems, there is help available. By tackling your money problems head on, you can find a way through the financial quagmire, ease your stress levels, and regain control of your finances—and your life. Effects of financial stress on your health
While we all know deep down there are many more important things in life than money, when you’re struggling financially fear and stress can take over your world.