Friday, May 28, 2021

How Financial Stress Affects Health

In a recent podcast from the American Psychological Association, psychologist and researcher Linda Gallo, PhD, discusses how financial stress can negatively impact one’s overall health. A recent study from the APA found that money continues to be a top source of stress for all Americans from all economic backgrounds. Long-term stress, regardless of source, can contribute to chronic illnesses and disease including diabetes, heart disease, and more. Gallo states that managing financial stress should be a priority for every American regardless of socioeconomic background. Tips she gives for managing financial stress include:

  • Building good social support (formal support groups, religious organizations, family, friends, etc.)

  • Seeking help from a psychologist or mental health provider as needed

  • Seeking guidance from financial wellness supportive services

  • Managing overall stress by regularly exercising, eating well, and taking time to relax

For more information on how to manage stress and increase your understanding of the link between chronic health issues and financial stress, visit: Speaking of Psychology: The stress of money

Written By: Your Financially Fit Employees Team


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