The Importance of Financial Literacy for Mental Well-Being

Depending on how we manage stress, our mental well-being and health could be at risk. Each day, we encounter a variety of stressors, creating triggers that, when pulled, can harm our peace of mind. Pressure at work and problems at home are common reasons for emotional issues. When these issues go unchecked, we are more vulnerable to additional future stressors.

Stress impacts most bodily systems, and it’s up to us to minimize those health risks. As we determine the things connected to our high blood pressure, night sweats, shortness of breath, or body aches and pains, we usually miss the largest challenge to mental well-being—money.

In a recent national survey, the American Psychological Association reported that 83 percent of U.S. adults cite inflation as their top reason for stress. This is greater than racial inequality, talking about politics or religion, or even violent crime in........

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