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Stress Less, Live More: Coping with Financial Anxiety

Like any source of stress, financial anxiety can affect your physical and mental health. If you constantly worry about money, it’s essential to learn coping strategies to enhance your overall quality of life. What Is Financial Anxiety? While not a recognized diagnosis, experts use the term to describe worry and nervousness about money matters. If you continually dwell on your past financial mistakes or worry about not being able to save enough, you may have this type of anxiety. Many factors — such as lack of assets, high debt, medical expenses, insufficient income and low financial literacy — can contribute to worry and stress. With the cost of living continuing to increase in 2024 and with the price of healthcare soaring, 7.5% of U.S. adults…

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