Financial Stress & Mental Wellness
At Fresh Start LA, we understand that financial challenges don't just affect your bank account—they impact your entire well-being. The stress of overwhelming debt can lead to anxiety, depression, and significant strain on relationships and overall quality of life.
Research consistently shows that financial difficulties are among the leading causes of stress for Americans. This chronic stress can manifest as sleep problems, reduced immune function, and even physical health conditions like high blood pressure and heart disease.
We believe that addressing your mental health is just as important as resolving your financial situation. That's why we've compiled resources to support both your financial recovery and emotional well-being during this challenging time.
The Connection Between Debt & Mental Health
The relationship between financial stress and mental health is well-documented. Understanding this connection is the first step toward comprehensive healing and recovery.
77%
Experience Financial Anxiety
More than three-quarters of adults with debt report feeling stressed about their financial situation.
42%
Depression in Debt Holders
Studies show that people with unmanageable debt are significantly more likely to experience depression and anxiety.
63%
Improved Mental Health
A majority of people report significant improvements in mental health after resolving their debt problems.
Mental Health Resources
We've partnered with top mental health providers to offer resources for those experiencing financial stress. Many of these services offer flexible payment options or financial assistance programs.
BetterHelp Online Therapy
Professional, licensed therapists available online, with flexible scheduling and pricing options. BetterHelp offers financial aid for those who qualify.
National Alliance on Mental Illness (NAMI)
NAMI offers free support groups, education programs, and a helpline for individuals and families affected by mental health conditions.
Headspace Meditation App
Guided meditation and mindfulness exercises to help manage stress and anxiety. Headspace offers a free basics course and special rates for those experiencing financial hardship.
Coping Strategies for Financial Stress
While professional help is valuable, there are also daily practices you can implement to manage stress and improve your mental well-being.
Mindfulness Practices
- ✓Practice deep breathing for 5 minutes daily to calm your nervous system
- ✓Set aside time for daily meditation or mindful walks
- ✓Keep a gratitude journal to focus on positive aspects of life
- ✓Practice being present in the moment rather than worrying about the future
Healthy Habits
- ✓Maintain regular physical activity to reduce stress hormones
- ✓Prioritize sleep with a consistent bedtime routine
- ✓Limit alcohol and caffeine, which can worsen anxiety
- ✓Connect with supportive friends and family members
