How inflation and financial stress can affect mental health

How inflation and financial stress can affect mental health

Amid surging inflation, managing financial issues has become increasingly stressful.

From handling everyday expenses such as groceries and gas to taking care of kids, inflation has impacted all sectors of society.

More than 50% of American families say rising cost of living has become a major financial challenge for them now.

A majority of Gen Z families cite the high cost of rent or housing as their top financial concern.

To tackle inflation woes, families have started to plan their spending and manage their finances.

It is also important to talk to your children about the importance of saving and healthy financial planning.

You can also consult a professional finance manager to help you understand and help with your expenses and savings.

Families are focusing on retirement and education savings goals as their top financial goals.