Coping With Financial Stress
Financial problems can be enormously stressful. According to a survey by Desjardins Financial Security, money is the main source of stress for 44% of participants and its keeping people from being healthy.
If you’re under financial stress, you may be arguing with your spouse or family members about money, experiencing headaches or panic attacks, hiding bills or receipts from family members, or finding it difficult to sleep at night. Your eating habits may have become unhealthy, and you may find it hard to make it through the day.
In fact, an Aventis healthcare survey conducted in 2002 showed that 51% of Canadian employees experience a great deal of stress at work, We all know that work is our source of income which is what keeps our household together and running as it should be.
Financial stress can also hurt your ability to do your job well. More than one in five Canadian workers have used an Employee Assistance Program to manage a personal situation (Desjardin Financial Security survey June 1, 2006). When stress is causing a decrease in work performance, it may result in loss of wages, demotions, or one of many other issues.
You may feel like you are the only one in your situation, or you may have tremendous guilt or regret over choices you have made in the past. Now is the time to put the past behind you and start working toward financial freedom. There can be an end to your financial stress and worry but it takes coping, commitment and planning.
