According to the American Psychological Association (APA), stress related to tax deadlines can increase unhealthy behaviors used to cope with stress related to money, work, personal matters, family and health issues.
APA warns that increased reliance on unhealthy behaviors to deal with stress can lead to long-term, serious health problems.
Some research indicates that stress and unhealthy behaviors used to manage it, contribute to health issues such as obesity, heart disease and diabetes. It's important to address financial stress in healthier ways.
An APA survey finds that money is the top source of stress for adults. Almost 60 percent of people blame their stress on money and work, issues emphasized during the tax-filing process.
The survey also found that people are engaging in unhealthy behaviors, such as eating to rid stress, making poor diet choices, smoking, drinking, and being sedentary, to manage financial and other stress.
There are ways to manage financial stress and that is by focusing on the following areas:
Identify money stressors
Understand what money means to you
Find healthy ways to manage stress
Ask for professional support