How to Cope With Money Stress

What’s So Bad About Money Stress?

Even if you’ve paid off mountains of debt, annually max out your IRA and diligently stick to the budget you establish in the My Money Center(https://www.learnvest.com/personal-financial-planning-program/) , there’s a good chance you’ve felt it: Money is a pretty common source of stress.

The 2011 APA Stress In America report (http://www.apa.org/news/press/releases/stress/2011/final-2011.pdf) found that out of the eight top sources of stress in America, five were financial: money, work, the economy, job stability and housing costs.

The Associated Press and AOL examined debt stress, the pressure a person feels when she owes money, in a recent survey (http://www.prnewswire.com/news-releases/studies-reveal-the-cure-for-financial-stress-148845425.html).

Respondents with high debt stress suffered more:

1. Headaches and migraines (44% with high debt stress versus 4% with low)
2. Depression (23% versus 4%)
3. Heart attacks (6% versus 3%)
4. Muscle tension and lower back pain (51% versus 31%)
5. Ulcers and digestive problems (27% versus 8%)

We Can Fight Back!

This doesn’t mean that if you’re stressed about money, you’re bound to get sick. Here’s how you can rehab your body and mind:

1. Get to the Root of the Problem
2. Reach Out – Talk with others
3. Exercise
4. Revamp Your Eating Habits
5. Sleep Better
6. Leave your credit cards at home and pay in cash
7. Create a budget

Do you ever feel stressed-out about money? I don’t have statistics on how many people have financial stress, but if you’re one of them, I know you’re not alone.

In this app I’ll highlight fundamental causes of money stress and give you valuable tips to deal with them effectively so you can create a more peaceful life.

To your good health and wealth!