Using longitudinal data before and during the first six months of the COVID-19 pandemic for a representative sample of Dutch households, we examined the role of financial stress, defined as the subjective exper
Even if you have a good mental health regimen, added stressors like financial stress can throw us off even on our best days. Preparing ahead of unexpected events and building a solid foundation over time can help keep you balanced even when times get tough. One way you can do this is by...
Not everyone experiences financial stress. However, many share common financial challenges that can lead to psychological distress. Typical financial factors that may contribute to mental health issues include the following: Debt, particularly high-interest debt Job loss, especially ...
Tracking your progress in adding to your emergency fund over time can have a positive impact on your wellbeing. Of all U.S. adults who say concerns about money have negatively impacted their mental health, 56 percent cited not having enough emergency savings as a stressor, Bankrate found in ...
Global events and the cost of living crisis are having a significantly larger impact on the mental health of women when compared to men, according to new research. The research conducted by Cigna Healthcare across 12 countries found that women were more likely to suffer burnout and stres...
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Inflation is also having a major impact on consumers’ mental and physical health — 67 percent of Americans say that price hikes increase stress (38 percent), increase anxiety (36 percent) and decrease their ability to afford healthy food (30 percent). Most Americans (75 percent) also agreed...
Explore the intrinsic link between financial well-being and mental health. Learn how financial stability impacts stress levels and overall mental condition.
Financial stress refers to a feeling of worry or anxiety over money, debt and various expenses. In a March 2024 Bankrate survey, 47 percent of U.S. adults said money has a negative impact on their mental health, including causing stress....
Meanwhile, the FCA estimates that 40% of Britons are now struggling with their health due to their finances. Research indicates that financial insecurity has a significant impact on mental wellbeing, which is completely understandable. How can a person live a happy, care-free life when they’...