3. Lack of Concentration
Stress about your money problems could make it difficult to concentrate. If you’re having trouble focusing and are easily distracted, you’re more likely to get into an accident, said Dr. Brad Klontz, a financial psychologist and associate professor at Creighton University.
To combat poor concentration, focus on being in the moment by slowly breathing in and out, he said. Most of our stress comes from thinking about the future or past. So by focusing on the moment, you can calm your mind and ease some of that stress.
However, “You have to schedule time to worry about finances,” Klontz said. Otherwise, if you don’t devote time to dealing with your money issues, those problems will continue to intrude on your thoughts, he said.