money key

New Study Highlights that Majority of People Are Financially Stressed

Is money stressing you out?
Is money stressing you out?

If you’re anything like most people, you probably are stressed out when it comes to money. At least, that’s what a new report – published by Forbes – states. According to the article, a whopping 72 percent of people are financially stressed. Are you one of them?

Bad Habits and Financial Stress

Many people who are financially stressed experience this as a result of bad financial habits and continual stress may encourage habits rather than correct them. For example, a person may not want to deal with the reality of not being able to pay their credit card bill or mortgage and will take themselves to lunch or shopping in order to manage the stress. Apprisen, a non-profit financial counseling organization, says that financial stress can go on for such an extended period that bad habits become “a way of life.”

What to Do If You Have Financial Stress

If you are a person with financial stress, there is hope, even if you are guilty of numerous bad financial habits. Here are some tips to help you get back on your feet again: Get a financial coach, set a savings goal, put away a small amount of money every week and stop making unplanned purchases. Need more help? Work with a success coach.

Get Your Finances in Order.

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