Dealing with financial stress

How to deal with financial stress (Photo: iStock)

Financial security plays a pivotal role in our well-being. However, the pursuit of financial stability can itself become a source of stress, affecting not only our economic well-being but also our physical and mental health.

"Financial stress is a chronic emotional state often characterised by worry, anxiety and feelings of helplessness concerning one's financial situation," says Dr Robert Elliot, a leading researcher in stress management.