Is Financial Stress Negatively Impacting Your Personal Finances?
An April 2020 survey released by the National Endowment for Financial Education found that 88% of Americans were reportedly stressed about finances as a result of the Covid-19 pandemic. Of those respondents, 54% said they were stressed about not saving enough money (for emergency savings and/or retirement), 29% were concerned about fluctuating income, and 48% were stressed about paying regular bills like mortgage/rent, utilities and healthcare. Considering the fact that Covid-19 has impacted almost everyone on Earth in some capacity, it’s understandable if you’re also feeling stressed about money matters lately. Even with the vaccination rollouts, it’ll be months – if not years – before we return to any semblance of “normal” life. Since uncertainty about the future can create … Read more