Financial fitness tips for mental health
HONOLULU (HawaiiNewsNow) – As we wrap up Mental Health Awareness Month, experts are reminding the public of the impact of financial stress on our overall health.
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Money struggles are the biggest sources of anxiety for families, with two-thirds of adults citing money as a significant source of stress, according to the American Psychological Association Stress in America Survey.
Experts urge consumers to save, budget and invest to build long-term financial health and resilience for uncertain economic times.
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Merrill Institutional Consultant Andrew Meade and Jen Ablan of Hawaii Business Magazine joined HNN’s Sunrise to offer tips for financial fitness, including investing in your employer’s 401k plan or planning for educational expenses through a 529 College Savings Plan. Taking advantage of credit cards with saving options is also a good way to stretch your money.
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For more information, visit Merrill Lynch Wealth Management.
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