Protection
Put yourself at ease by protecting those you love
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{{label}}02 July 2021
Nothing beats the joy the 15th and last day of the month brings. Wallets are hefty, and bank accounts are non-empty, as salaries are deposited. However, the happiness soon fades out when the realization hits you that you need this sum of money to survive until the next payday. Budgeting drains the fun out of money.
Like any kind of stress, financial stress is real and can take a toll on your mental and physical health. It can butcher your sleeping schedule and decrease your energy levels. It’s so evident that 72% of Americans have experienced stressful episodes due to money.
Knowledge about the maintenance of money health will help you understand financial stress and its effects better. The infographic below contains this knowledge to guide you.
What is Financial Stress?
Financial stress is the condition of worry or anxiety that is a direct result of financial problems. A variety of situations and circumstances can trigger financial stress. Conditions that generally make you lose money will prompt financial stress, such as job losses, work demotions, or long-term unemployment periods.
As economic growth falls and rises at abrupt rates, an unexpected increase in living costs may also cause you financial stress.
Financial stress is that overwhelming feeling that rests on top of your chest. It occurs when all you think is money, money, money… or the lack of it. Proper stress management can alleviate intense feelings of pressure.
Signs of Financial Stress
Are your financial problems becoming too hefty for your mind to carry? Here are five symptoms or signs that you are under financial stress.
Stay Healthy by Being Smart with Your Money
Financial problems are the root of financial stress. Therefore, you can use these tips to avoid financial stress and address your money problems. Are you also planning to save up for something special, perhaps starting a piggy bank to use when you travel around the world? These steps can also aid you in achieving your saving goals.
It is never too late to prioritize your physical and mental health above all things. A great starter to your health and wellness journey is exploring what kind of BPI AIA insurance offering best suits your needs. Take the first step by signing up for a Financial Wellness and Needs Assessment today. Click here.
Invest in both your health and wealth with BPI AIA Wellness Series