According to a recent financial industry survey, the leading source of stress for Americans is money. Fears about personal finances, stemming from the rising cost of healthcare, mounting debt, and other critical financial concerns are causing widespread chronic stress and it’s a growing problem. According to the American Psychological Association, 72% of Americans reported feeling stressed about money at least once in the past month.
The problem with this is that stressing about money affects our health and our relationships. Biologically, stress serves to give us the edge we need to protect ourselves from immediate danger. But while our distant ancestors used this handy adrenaline rush to fend off predators, today we use it primarily to meet deadlines, close sales, and manage our investments -- all in pursuit of financial independence. However, because financial independence often feels out of reach, many people worry about finances constantly and the resulting stress becomes chronic.