Latest news with #StressandHealth
Jordan News
05-08-2025
- Health
- Jordan News
Two Simple Habits That Improve Mental Health - Jordan News
A recent study has revealed that sticking to simple financial behaviors—such as regular saving and timely debt repayment—not only improves mental health and boosts morale, but also strengthens social bonds. اضافة اعلان Finance experts at the University of South Australia found that maintaining consistent savings and repaying debts on time has a positive effect on mental well-being. According to Stack Daily, the study analyzed data from the 'Household, Income and Labour Dynamics in Australia' (HILDA) survey—a long-term database that includes information on economic conditions, mental and physical health, employment patterns, family life, and personal experiences of more than 17,000 Australians aged 15 and older, collected between 2001 and 2021. Researchers discovered that people who followed a steady financial routine—particularly regular saving and prompt debt repayment—reported better mental health, higher energy levels, stronger social connections, and greater overall life satisfaction. Professor Raghavendra Banerjee from the University of South Australia explained that high debt levels and low savings negatively impact mental health. He added, 'We found that individuals who save regularly and set money aside experience the best mental health, while those who don't save at all face psychological stress. The same principle applies to repaying debt.' The study also showed that rising costs of essential services place an increasing financial burden on young people, who often have lower savings and higher debt, thereby increasing financial pressure and negatively impacting both their financial behaviors and mental health. Notably, the study found that the positive mental health impact of regular saving and debt repayment was more pronounced among men than women. Published in the journal Stress and Health, the study highlighted that consistent financial habits improve mental health regardless of social or economic status—even saving small amounts can yield meaningful benefits. Professor Banerjee emphasized, 'Financial stress is an extremely distressing experience that negatively affects both mental health and one's financial future.' He continued, 'When someone is under financial pressure, they often can't save or invest toward future goals, and may be forced to rely on borrowing just to meet basic needs—trapping them in a cycle of debt and high interest.'
Yahoo
27-06-2025
- Business
- Yahoo
People with this money habit are happier and calmer — no matter how much they make
They say money can't buy happiness — but how you handle it just might. A surprising new study has found that one financial behavior is consistently linked to lower anxiety and greater life satisfaction. The research — published in the aptly named journal Stress and Health — controlled for income, meaning you don't need to make bank in order to enjoy the mental health benefits. It seems that good fiscal management — meaning regularly saving money and paying off your credit cards on time — is the true key to bliss. The findings were based on the data of over 20,000 Australians over the course of 20 years and used the Mental Health Inventory-5 — a scientifically validated screening instrument for anxiety and depression — to calculate results. A 1% uptick in saving habits was linked to a 0.475% improvement in mental health scores, while a 1% increase in consistent credit card payments led to a 0.507% boost, which is more significant than it sounds. Most importantly, people who made the same amount of money but had different fiscal management styles showed very different levels of happiness and peace of mind. While many studies have shown a correlation between income and life satisfaction, this study is unique in that it indicates good financial habits — rather than a fat paycheck — can significantly improve mental health. These results held steady through major economic upheavals, including the 2008 financial crisis and the COVID-19 pandemic. The researchers believe being fiscally responsible can help reduce 'financial strain' — that constant background stress of not knowing if you can cover bills, emergencies or unexpected costs. It can also have an unpleasant domino effect. 'When individuals are financially strained, they often can't save as much or invest, so they miss out on growth and meeting those goals they might have set for the future,' study co-author Rajabrata Banerjee, a professor of applied economics at the University of South Australia, said in a statement. 'People can also become reliant on borrowing to meet their basic needs, and this can lead to high interest payments and continuous debt cycles.' The researchers also hope these findings might inspire people to take actionable steps to control their financial — and, subsequently, mental — health. 'That's why healthy financial behavior is important to build stability and long-term security, allowing goal achievement, independence and access to opportunities, as well as reduced stress and good mental health,' he said. Interestingly, the benefits were more pronounced for men when it came to saving habits — though both genders saw improvements across multiple measures of well-being, including emotional resilience and social functioning. The researchers also looked at whether the relationship worked the other way around — that is, if poor mental health led to worse financial decisions — but found almost no evidence of that. So go ahead and set up that auto pay — because clearing your balance leads to a balanced mind.
New York Post
25-06-2025
- Business
- New York Post
People with this money habit are happier and calmer — no matter how much they make
They say money can't buy happiness — but how you handle it just might. A surprising new study has found that one financial behavior is consistently linked to lower anxiety and greater life satisfaction. The research — published in the aptly-named journal Stress and Health — controlled for income, meaning you don't need to make bank in order to enjoy the mental health benefits. Advertisement 3 They say money can't buy happiness — but how you handle it just might. Prostock-studio – It seems that good fiscal management — meaning regularly saving money and paying off your credit cards on time — is the true key to bliss. The findings were based on the data of over 20,000 Australians over the course of 20 years and used the Mental Health Inventory-5 — a scientifically validated screening instrument for anxiety and depression — to calculate results. Advertisement A 1% uptick in saving habits was linked to a 0.475% improvement in mental health scores, while a 1% increase in consistent credit card payments led to a 0.507% boost, which is more significant than it sounds. Most importantly, people who made the same amount of money but had different fiscal management styles showed very different levels of happiness and peace of mind. While many studies have shown a correlation between income and life satisfaction, this study is unique in that it indicates good financial habits — rather than a fat paycheck — can significantly improve mental health. These results held steady through major economic upheavals, including the 2008 financial crisis and the COVID-19 pandemic. Advertisement 3 It seems that good fiscal management — meaning regularly saving money and paying off your credit cards on time — is the true key to bliss. Pixel-Shot – The researchers believe being fiscally responsible can help reduce 'financial strain' — that constant background stress of not knowing if you can cover bills, emergencies or unexpected costs. It can also have an unpleasant domino effect. Advertisement 'When individuals are financially strained, they often can't save as much or invest, so they miss out on growth and meeting those goals they might have set for the future,' study co-author Rajabrata Banerjee, a professor of applied economics at the University of South Australia, said in a statement. 'People can also become reliant on borrowing to meet their basic needs, and this can lead to high interest payments and continuous debt cycles.' 3 People who made the same amount of money but had different fiscal management styles showed very different levels of happiness and peace of mind. Nana_studio – The researchers also hope these findings might inspire people to take actionable steps to control their financial — and, subsequently, mental — health. 'That's why healthy financial behavior is important to build stability and long-term security, allowing goal achievement, independence and access to opportunities, as well as reduced stress and good mental health,' he said. Interestingly, the benefits were more pronounced for men when it came to saving habits — though both genders saw improvements across multiple measures of well-being, including emotional resilience and social functioning. The researchers also looked at whether the relationship worked the other way around — that is, if poor mental health led to worse financial decisions — but found almost no evidence of that. So go ahead and set up that auto-pay — because clearing your balance leads to a balanced mind.
