TLDR:
- 68% of Americans are experiencing high levels of anxiety and financial stress.
- A financial therapist offers tips on managing money.
A financial therapist has provided advice on how to manage money as many Americans are facing increased anxiety and financial stress. According to experts, 68% of Americans are currently experiencing high levels of anxiety and stress related to their financial situation. With everyday expenses becoming more expensive due to inflation, it is crucial to revisit and adjust household budgets. It is also important to reduce borrowing and debt, as many people are unable to make their interest payments, principal repayments, and other financial obligations. Additionally, developing a healthy relationship with money and seeking professional help, such as financial therapy, can provide individuals with the necessary tools and skills to manage financial stress effectively. Overall, understanding and addressing the root causes of financial stress can lead to better financial well-being and peace of mind.
