Money and stress are connected—there’s no doubt about it.
In 2022, the American Psychological Association reported that an overwhelming 83 percent of U.S. adults cite inflation as their primary source of stress—and that was 2 years ago. Although inflation has since stabilized somewhat, it remains a significant stressor, and affordability continues to be a top concern.
Without a proper understanding of the skills needed to manage financial stress effectively, its impact can be devastating. It’s important to recognize that your level of financial literacy plays a crucial role in either exacerbating or alleviating this stress.
With hope of interest rate relief on the minds of so many Americans, this week is an opportune time to share knowledge and equip you with what you need to know about how these changes will affect you. Check out the articles below and get in touch you’d like to discuss anything.
Here’s to stressing less in September.
To Reduce Your Stress, Hope Beats Mindfulness—5 Ways To Be Hopeful
What the Fed’s Interest Rate Cut Will Mean for Your Wallet
How Perfection Will Derail Your Retirement
Here’s How Retirement Experts Say to Make the ‘4% Rule’ Work For You
Where to Put Your Money When the Fed Cuts Rates
Sports Bets Hitting $220 Billion Has Financial Advisers on Alert