Approximately 91% of workers are stressed about their finances.* With growing concern over managing mental health and money, there's no better time than now to take control.
Financial stress comes in many different forms – avoidance and overspending, budget management, rent or mortgage payments, credit score dips, debt, and more. Financial stress can greatly impact overall health and wellness, as well as increase existing mental health issues (can’t tell with the mark up but trying to add a dash here) or trigger new ones, such as anxiety or depression. This is why it is so important to manage it.
Knowledge is power. Managing financial stress begins with taking the first step to relief; This can be the hardest part. Here are some things to consider when managing financial health and wellness.
The importance of a support system when it comes to managing mental health and money is immeasurable. Life is not easy, and folks spend a large amount of time at work. The focus of overall well-being for people is at the forefront of many HR departments and organizations in general, and financial wellness benefits are trending in growth. Employee Resource Groups, Employee Assistance Programs, friends and family are all great places to start talking about mental health and money.
Don’t be afraid to ask for help! Schedule a session with a Certified Financial Coach at BCU.org/Coach today.
*BrightPlan’s 2024 Wellness Barometer Survey
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