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{"id":345,"date":"2023-01-10T15:38:59","date_gmt":"2023-01-10T15:38:59","guid":{"rendered":"https:\/\/clevelandbenefitpartners.com\/?p=345"},"modified":"2023-01-10T15:38:59","modified_gmt":"2023-01-10T15:38:59","slug":"financial-fitness-for-the-new-year","status":"publish","type":"post","link":"https:\/\/clevelandbenefitpartners.com\/financial-fitness-for-the-new-year\/","title":{"rendered":"Financial Fitness for the New Year"},"content":{"rendered":"

It\u2019s often thought that having money leads to happiness.\u00a0 While that\u2019s not necessarily true, being financially secure does create a sense of well-being which impacts your mental and physical health.\u00a0 To address our whole health in 2023, we need to understand the relationship between financial and physical wellness.<\/p>\n

Inflation, at 7.1%,<\/a> has made financial stress worse and the rise in prices has had a major impact on people\u2019s finances and their ability to afford everyday purchases.\u00a0 In February 2022, the American Psychological Association(APA) reported the highest number of people experiencing money-related stress since 2015 \u2013 65% of respondents<\/a> said money is a significant source of stress. Younger people are more stressed about money, with 82% of Gen Z<\/a> (ages 18-25) and 81% of millennials<\/a> (ages 26-43) reporting that money is a stressor.<\/p>\n

When you are experiencing financial troubles or have unforeseen expenses to cover, your health may be impacted.<\/p>\n

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People with financial burdens often neglect important preventive care or medical regimens.\u00a0 Delaying routine exams and preventive screenings can make it difficult to catch medical issues early when they are easier and less costly to treat.\u00a0 Additionally, experts have found that stress from money problems tends to be chronic, or long-lasting.<\/p>\n

Remember that it is important to continue making your physical health a priority as you work on your financial well-being.\u00a0 Although you may likely still face financial stress, there are ways to make it more manageable:<\/p>\n