FINANCIAL

STRESS
WHAT IS FINANCIAL STRESS ?
■ The Financial Health Institute defines “Financial Health” as:
“The dynamic relationship of one’s financial and economic resources as they
are applied to or impact the state of physical, mental and social well-being.”
OR
“A condition that is the result of financial and/or economic events that
create anxiety, worry, or a sense of scarcity, and is accompanied by a
physiological stress response.”
■ There is widespread evidence that a person’s financial health can impact their physical
health and vice-versa.
■ People who are struggling financially or are experiencing a downturn in their personal
financial or economic situation are much less likely to visit the doctor, pay for
medications, take their medications, eat healthy and even exercise.
■ Stress can cause fatigue, headaches, insomnia and other symptoms that affect people’s
ability to manage their financial situation. People who are navigating chronic diseases
or serious medical conditions frequently find themselves struggling with immense debt,
having to file for bankruptcy.
HEALTH PROBLEMS A PERSON CAN
FACE DUE TO FINANCIAL STRESS…..
■ Financial stress affects your health in many ways and these health issues can affect your
home life, career and make it feel that is impossible to ever turn things around. If any of
these effects of stress are causing you duress, please, consult your physician
immediately.
■ Two of the most common effects of financial stress are anxiety and depression. These
two conditions usually go hand-in-hand. Each one is a debilitating condition that makes
it hard to focus at work, spend time with your family, and keep up with your bills and
other financial responsibilities. The stress of having too much credit card debt, college
loan payments, or medical bills can weigh on a person and cause severe anxiety and
depression.
WAYS TO COPE UP WITH
FINANCIAL STRESS…..
 IDENTIFY WHAT NEEDS THE MOST ATTENTION :
Write down your three biggest money challenges so you know what you’re up
against whether it’s making your monthly bill payments, reducing credit card debt, etc.
 TRY TO STAY POSITIVE:
Your mind set can help keep you motivated to fix your financial problems. Rather than get
bogged down by thoughts of never getting out of debt, imagine the amount of stress you feel
decreasing as your debt load gets smaller and smaller. It’s important to believe you can do it.
 BE REALISTIC:
Determine what you can reasonably achieve and then dedicate yourself to following through
each and every month.
 MAKING THE MOST OF INCOME :
The belief that you simply don’t have enough money to put towards your goals can keep
you from dealing with your financial problems. Try to focus on making the most of the
income you do have by spending wisely.
 SMALL STEPS ARE KEY :
 Sticking to a budget is not always easy, and there may be days when your resolve falters. If
that happens, remind yourself of how much you have to gain by reaching your goals. 
 KEEP YOURSELF HONEST :
Every hard task becomes easier with the support of friends and family, so share your goals.
There’s no one better to hold you accountable and remind you what you’re sacrificing for
than those you love, trust and respect.
MADE BY:
AALIYA