Is financial stress affecting your physical and mental health?
(NC) For many of us, financial worries are the greatest source of stress – greater than health, work or family obligations. In fact, according to a recent study, 40 per cent of Canadians say they are overwhelmed by debt, while 48 per cent say they’ve lost sleep due to financial worries. And financial stress can have a negative impact on your physical and mental health. The sources of this stress are many, and may include high debt levels, living paycheque to paycheque, managing household expenses and struggling to save money for short- and long-term goals.