Buzz
Money is simply a tool, yet it’s often difficult to view it that way. For many, financial concerns are a major stressor, and the stigma around discussing money only intensifies that stress.
As pointed out by LearnVest, the American Psychological Association’s annual Stress in America survey has consistently ranked money as the top stressor in the U.S. since 2007. This has a significant effect on both mental and physical health. A study from Northwestern University revealed that people with higher debt levels exhibited more depressive symptoms and higher blood pressure. They reported:
Those with higher debt showed a 1.3 percent increase in diastolic blood pressure, compared to the mean, which is considered clinically significant. A two-point rise in diastolic pressure, for instance, is linked to a 17 percent greater risk of hypertension and a 15 percent higher risk of stroke.
While talking about your finances won’t instantly solve the problem, it can help in managing the emotional burden. Dr. Mary Gresham, a psychologist specializing in financial anxiety, shared with LearnVest:
Gresham emphasizes that social support is one of the most effective tools for managing stress. She recommends connecting with others through digital support groups or online forums where people share their financial struggles and offer advice. This sense of community, even if it’s anonymous, can be incredibly reassuring, helping you realize that you're not alone in your sleepless nights worrying about bills.
Photo by Christopher
