Van Nuys Financial Stress Lawyer
Financial stress refers to emotional distress that is specifically money-related. While anyone can feel financial stress, it is more common in low-income households. People who carry a significant amount of debt are also more likely to experience financial stress. If you cannot buy groceries, pay your rent, or pay your other bills, you may be feeling financial stress. It is important to know that you are not alone and that there is help available. Contact our Van Nuys financial stress lawyer to learn more about your options.
Symptoms of Financial Stress
In today’s economic environment, millions of people are experiencing financial stress. You may be as well if you are experiencing the following symptoms:
- You use a credit card to pay your bills and cannot afford to pay it off in full every month.
- The stress related to your finances keeps you up at night.
- You use one credit card to pay off another on a regular basis.
- You are being called regularly by collection agencies.
- You feel nauseous when thinking about money, get headaches, or feel other physical symptoms.
How Does Financial Stress Hurt Your Health?
Financial stress is just that – it is very distressing. Too much stress can have a negative impact on both your physical and mental health. The most common ways financial stress can hurt your health include:
- Delaying medical treatment: With little money in their budget, people sometimes delay getting the medical treatment they need, including dental work and preventative checkups. This can lead to worsened health, which results in higher costs and additional financial stress.
- Poor mental health: Financial stress can result in poor mental health, which causes more distress. Financial stress is cyclical and severely negatively impacts a person’s mental health.
- Poor physical health: Headaches and nausea are just two physical symptoms caused by financial stress. Weakened immune systems, sleep problems, diabetes, and heart disease are just a few physical symptoms caused by financial stress.
- Unhealthy coping behaviors: When financial stress feels like too much to bear, a person may turn to drugs, alcohol, and overeating. All of these only create additional problems and can lead to more financial stress.
How to Cope with Financial Stress
Financial stress can seem unbearable, but there are things that can help you cope. These include:
- Find small ways to boost your income without overworking yourself, which will lead to more stress.
- Check your budget regularly and make adjustments when necessary.
- Use general stress management techniques such as eating a balanced diet, exercising regularly, and getting enough sleep every night.
- Understand your debt, including how much you owe, the interest rates on all of your debt, and other terms that will help you understand which to pay first and how much to pay every month.
- Speak to a lawyer who can advise you of your legal options.
Call Our Financial Stress Lawyer in Van Nuys for Help Today
If you are suffering from financial stress, you may think you are out of options. Fortunately, that is not true. At Wadhwani & Shanfeld, our Van Nuys financial stress lawyer can outline the ways we can help with your debt, particularly if you are facing legal action or being harassed by creditors. Call us now at 818-658-2669 or chat with us online to request a consultation and to learn more.
