Financial stress

Stress. Definition and consequences.

Bruce McEwen defines stress as:

"...a real or suspected threat to an individual's physiological or psychological integrity that results in a physiological and/or behavioral response".

Based on this definition, stress can be considered as a consequence or response of the organism to a threat.
Stress is one of the main problems facing workers and employers today, because of the way it can affect the employee's productivity in their daily activities, causing delays and ineffectiveness.

Likewise, the consequences of stress on our body goes beyond the psychological level, can trigger a series of anomalies such as headaches, neck pain and/or back, anxiety, hypertension, heart problems, digestive and intestinal, insomnia, lack of mental concentration, obesity, depression, and irritability, among others.

Financial Stress. Causes, consequences and possible solutions.

The insecurity and economic and financial instability are the most frequent triggers of stress, caused by the possibility of not having the necessary economic means to cover the family needs and a potential debt that would cause a bigger problem.
These are just some of the many causes of financial stress, one of the scourges most commonly seen in the wake of the global economic recession as a consequence of the Covid-19 pandemic.

The consequences of financial stress can cause health and work problems, one of the most alarming of which is the lack of mental concentration that prevents us from carrying out our work activities and can even lead to the loss of our jobs.

However, it can be avoided by following some tips, such as:
1.-Identify and assign an order of priorities to the requirements, reduce unnecessary and superfluous expenses; as well as apply a conscious austerity policy.
2.-Structure an income and expenditure plan to record and control both items.
3.-Establish and follow a balanced diet and maintain a discipline of exercise, which will allow you to release tensions and worries.
4.-Maintain a positive but realistic attitude towards your personal financial situation.
5.-Set yourself measurable and real goals, within acceptable deadlines and adapted to your personal reality.

In conclusion, financial stress can be considered as a direct consequence of a bad economic situation of insecurity in the financial sphere, resulting in negative effects on our physical and mental health.