This is a great time of the year for most of us: getting together with our family and friends and enjoying the holidays that we have looked forward to all year long. Who doesn’t love the holiday season with the food, parties and spiritual joy we all can share? And look to the beginning of a new year when we can plan for improvements just up ahead! But I say most of us enjoy it because there are some who don’t quite see it that way.
Acute Financial Stress
According to a study done by Payoff, about 23% of all Americans and an even higher percentage of millennials suffer from what is known as AFS, Acute Financial Stress. This “disease” is caused by one’s reaction to financial stress which of course the holidays’ emphasis on spending and shopping can trigger. This and so many other financial issues can turn someone’s life completely upside down and even lead to a physical and/or mental debilitation resulting in things like heart disease and mental health problems. It has been compared with PTSD (Post Traumatic Stress Disorder) as to its reach and severity among Americans today.Continue reading“Do You Suffer From Acute Financial Stress?”