Financial Anxiety Is Bringing Millennials Down. Here’s How to Stop the Madness
Lots of folks worry about money from time to time. But there's a difference between fretting over a larger-than-expected bill and spending a huge chunk of your waking hours stressing over finances. Yet the latter scenario seems to characterize a significant percentage of working millennials.
An estimated 28% of millennials are experiencing so much financial anxiety, in fact, that it's impacting their job performance on a consistent basis, according to a newly released Northwestern Mutual study. That's more than twice the rate of the general population. Furthermore, 23% of millennials say that financial stress makes them physically ill on a weekly or monthly basis compared to just 12% of workers among all age groups. Talk about extreme.
Source: Fool.com