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January 02, 2021
The Straits Times file
Money: it makes the world go around, it doesn’t grow on trees, and, if the statistics are correct, it’s the root of all … anxiety. Or, at least, a lot of anxiety.
Research from the American Psychological Association’s Stress in America 2020 report shows that 64 per cent of US adults see money as a source of stress. A 2020 study designed by the Mental Health Association of Hong Kong found that 65.7 per cent of Hongkongers felt stressed about income or employment this year.
Experts suggest that the global economic uncertainty of the Covid-19 pandemic has heightened pre-existing financial anxiety, and it is affecting our well-being.