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Save more, spend less, and reduce stress

published: 05-01-2017 Journal entry icon

“Smart” spending and saving habits might help reduce your stress. Money issues tend to be a major source of stress for many Americans, and military families are no exception. The 2016 Blue Star Families survey results showed that financial issues are a top concern for service members and their families.

Poor money-management skills and lack of financial resources can lead to stress that spills over into your relationships, wearing you down. The good news is “smart” spending and saving can help you cope with stress and feel in control during troublesome times. Good saving habits, in particular, can help reduce financial unpredictability, which also could lower your stress. Read more...