You may become withdrawn and be unable to focus on what is happening around you. You may even experience physical symptoms such as stomach aches, headaches, or nausea. For example, you may always feel worried, nervous, or sad when you think about what is happening financially. It can also affect your daily life and emotions. Examples include the unemployed or those with low social acceptability because they have limited resources and opportunities.įinancial anxiety may be the result of an external event such as unemployment or illness within the family, causing the individual to worry about how they will manage and provide for their family if the worst were to happen. Many people are more vulnerable than others to developing financial anxiety. It often leads to feelings of powerlessness, which in turn leads to anxiety. How does financial anxiety affect me?įinancial anxiety can affect many aspects of one’s life including how one feels about themselves. Many experts believe that financial anxiety may be the result of an external event such as unemployment or illness within the family, causing the individual to worry about how they will manage and provide for their family if the worst were to happen. The media also feeds into people’s worries by constantly presenting stories of mortgages being foreclosed, jobs being lost, and homes being taken away from people. Examples include the unemployed or those with low social acceptability because they have limited resources and opportunities. Some people are more vulnerable than others to developing financial anxiety. This may cause feelings of powerlessness, which in turn leads to anxiety. It is often felt that there is a lack of control over one’s financial situation. Let’s get started! What are the causes of financial anxiety? Learn what causes financial anxiety, why it affects you, and how you can get through it with these helpful tips. Financial anxiety is common but there are many ways to manage it! Studies show that many people worry about their financial future on a daily basis. We’re all in this together, and it’s crucial for each of us to take care of our finances. It’s no secret that money can make or break a person.
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