Dec 02, 2024
Financial stress is a significant and widespread issue, with profound implications for individuals and families. In the United States, nearly 4 in 10 Americans cannot cover an unexpected $400 expense without going into debt, and 1 in 5 have no emergency savings. For women, the financial picture is often even more precarious, with median savings of just $500 compared to $1,000 for men. Loans, credit card debt, and rising expenses are major contributors to this growing burden, particularly for younger generations navigating a volatile financial landscape.
In the financial domain of stress, Kirtly Jones, MD, and Katie Ward, DNP, discuss the pervasive nature of financial stress and its impact on individuals, couples, and families. They explore the unique challenges women face in achieving financial stability, how debt can spiral out of control, and share practical advice for breaking free from financial stress and avoiding future pitfalls.
