3 Constructive Ways to Mitigate the Financial Stress of the Pandemic
Crashes And Taxes Podcast · Rebecca Walser
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Show Notes
The coronavirus has undoubtedly created the most stressful financial challenge since the Great Recession. Above and beyond the pandemic itself, we're now really starting to see the emotional impact of the financial fallout.
As financial stress manifests as physical stress, we're seeing higher levels of anxiety and depression, along with an increase in substance abuse as a coping mechanism.
On top of that, a fear of hospitals means people are no longer taking pre-emptive measures to protect their health by going for routine checkups and screenings.
The truth is, millions of Americans are struggling to cope. With so many people in distress, it can be incredibly difficult to come up with a plan to get through this time. Even if this isn't something we're experiencing personally, there are people in our lives who are having a hard time, and we can support them.
What can we do to combat the financial stress and strain and help people cope in healthier ways? How can we put a bridge financial plan in place to alleviate the stress? Which sectors have job openings?
In this episode, I talk about the emotional impact of the pandemic on our nation, and how we can help those in need of support.
Resource Mentioned CDC Disaster Distress Helpline (1-800-985-5990)