“Financial stress is a strong predictor of early death,” Klontz said. It’s akin to heart disease and smoking. Unfortunately, there’s a lot of shame around money and people don’t want to talk about it, which makes it even more stressful, he said.
To overcome that shame, start by looking back at how money was handled in your family. “Your financial stress isn’t the result of you being lazy, crazy or stupid,” Klontz said. “You probably were taught some inaccurate beliefs around money.” If you become aware of them, you can change them.
You can get help changing your financial habits by working with a counselor or a financial planner, Klontz said.
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