Survey: Americans cite money woes as top reason for stress

The annual Stress in America Survey was released by the American Psychological Association this week, and it shows that Americans continue to be plagued by money worries. 

“Since 2007, the survey has found that money and work are consistently the top two sources of significant stress (67 and 65 percent in 2015, respectively),” it reads. “Adults are more likely than in past years to report experiencing extreme stress (a rating of 8, 9 or 10 on a 10-point scale). Twenty-four percent of adults report these levels, compared with 18 percent in 2014. This represents the highest percentage reporting extreme stress since 2010.” 

When I see statistics like this, I feel obligated to blog about the importance of financial education for everyone – and especially for your employees. When an employee is preoccupied with money worries, you run the risk of losing that employee to health-related problems and absenteeism. In short, their worries could become yours. 

The good news is that there is help and it’s free. The Lunch and Learn financial education seminars provided by Hanscom Federal Credit Union are offered at no cost. Each is less than an hour long so that it fits into a lunch break, and – as a bonus – we provide lunch for everyone who attends. 

What do we cover? Well, that varies. We have a number of programs to chose from, including our popular seminars on personal money management, buying a home, identity theft and understanding social security benefits. 

You can be the hero for employees in this situation. Start by contacting me to set up a Lunch and Learn, or reach out to get your questions answered. Once we have a program scheduled, share the good news with everyone in your company – and be sure to tell them it includes a free lunch, one less expense to worry about. 

Learn more about our  free financial education

 

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About Author

Maria Porto
Maria Porto

Maria Porto is Hanscom FCU's assistant vice president of partner relations. She may be reached at mporto@hfcu.org.

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