How finances impact mental health
Financial stress is a widespread issue in the U.S.:
When financial stress becomes overwhelming, it can lead to:
- Sleep disturbances and anxiety from constantly worrying about bills and expenses.
- Lower productivity at work due to distraction and exhaustion.
- Avoidance behaviors, like ignoring bills or avoiding financial discussions altogether.
If this sounds familiar, take a deep breath—you’re not alone, and there are steps you can take to regain control.
- Talk about it – Discussing your financial concerns can ease anxiety. With FinFit, you may have access to financial coaching. A financial coach can review your situation, create a debt repayment plan, and set savings goals to build confidence and reduce stress. Log into your FinFit account to learn more.
- Take small, actionable steps – Financial stress can feel overwhelming, but small changes add up. Start by listing your expenses, automating savings (even $5 per paycheck), and using a budgeting app to track spending.
- Prioritize self-care – Managing stress is just as important as managing money. Incorporate mindfulness, exercise, and journaling into your routine to stay mentally strong while working toward financial stability.
Resources for support
If financial stress is affecting your mental health, reach out for help:
National Alliance on Mental Illness (NAMI): Free mental health support and resources.
Consumer Financial Protection Bureau (CFPB): Financial education and debt management tips.
988 Crisis Lifeline: Call or text 988 for confidential mental health support.
And remember—if your employer offers FinFit, log into your account today to explore your options. You don’t have to navigate financial stress alone.
This Mental Health Awareness Month, take a moment to check in with yourself. Your financial and mental health are connected, and support is available.
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