Two new studies suggest that your stress level can have a serious, negative impact on your finances. So if you stressed, distracted and broke, maybe it’s not a coincidence! Worse yet, three out of 4 Americans feel this way!
Northwestern Mutual’s study found that three out of four Americans (74%) feel that today’s fast-paced society makes it tougher for them to focus and remain on track when it came to achieving long-term financial goals.
If being distracted by today’s demands takes our focus off long-term objectives like saving for retirement, its little wonder that the vast majority of us haven’t saved enough for the future.
Well this is certainly a buzzkiller…here we are working hard to save for a future and hopefully retirement one day, and the stress and distraction of our hard work is defeating the purpose, leaving us unprepared for the future!
How do you stay focused and save for the future?