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Bookmark or Share- Coping with Financial Stress - HelpGuide.orgThe recent economic difficulties mean that even more of us are now facing financial struggles and hardship. Like any source of overwhelming stress, financial problems can take a huge toll on your mental and physical health, your relationships, and your overall quality of life.
- Economic Fallout From COVID-19 Continues To Hit Lower-Income Americans ...Among middle-income adults, 33% say they have used money from a savings or retirement account to pay their bills, 11% have borrowed money from family or friends, 12% have gotten food from a food bank or charitable organization, and 7% have received government food assistance.
- COVID-19 job and income loss leading to more hunger and financial hardshipHouseholds that experienced a COVID-19-related job or income loss were two to three times more likely to experience economic hardship than those who did not experience a loss, with all of these...
- Weakening Economy, Widespread Hardship Show Urgent Need for Further ...The pandemic and economic fallout have inflicted widespread hardship, especially among Black and Latino adults. Due to inequities driven by racism and discrimination, workers in these communities disproportionately work in low-paid jobs that have been heavily affected by the crisis, and they tend to have fewer assets to fall back on in hard times.
- Robust COVID Relief Bolstered Economy and Reduced Hardship for MillionsThree years ago, the COVID-19 pandemic began to take hold in the U.S., sending the economy into a downward spiral. Amid intense fear and hardship, federal policymakers responded, enacting five relief bills in 2020 that provided an estimated $3.3 trillion of relief and the American Rescue Plan in 2021, which added another $1.8 trillion.
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