Articles on Financial Anxiety
We all experience financial anxiety at some point in our lives. Whether you are thinking about an impending medical bill, income, job security, or debts, the situation can significantly impact your mental health and quality of life. This section of the LGBTQandAll website provides articles and resources that will help combat money anxiety.
What is Financial Anxiety?
Money anxiety goes beyond worrying about your money expenses and your budget. It is a deeper worry and obsession about your finances and how it will affect your general life. The anxiety can take a toll on your mental health and affect how you view yourself and your capabilities.
Signs of financial anxiety:
- Reflecting on your financial circumstances, irrespective of your capacity to meet expenses, disrupts your sleep or diverts your attention from other facets of your life.
- Anxiety about the possibility of your financial situation deteriorating.
- Examining your bank account induces a sense of illness.
- Opening and reading bills trigger fear.
- There’s a tendency to either avoid checking your bank account altogether or repeatedly scrutinize it.
- Seeking solace in hoarding, excessive spending, or extreme frugality as a coping mechanism.
Financial anxiety can worsen your mental issues and make your life unbearable. At LGBTQandAll, we don’t want this to happen and that’s why we provide articles and resources to help avoid such situations.
We welcome you to explore our articles on money anxiety. This will help understand the common causes and triggers and provide self-care and money management tips to help turn your life around.