4 ways to deal with financial stress

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Don’t let unpaid bills or other pandemic related financial pressures bring you down. (iStock)The coronavirus pandemic is putting financial pressure on millions of Americans.Continue Reading BelowContinued jobless claims, which account for people receiving unemployment benefits for at least two consecutive weeks, totaled 13.3 million for the week ending August 22, the U.S. Department of Labor reported. Additionally, a recent survey of HR managers found that one in three companies cut employee pay in response to the pandemic.It’s no surprise, then, that scores of U.S. households are falling behind on their bills. The financial stress of trying to make ends meet may be taking a toll on your health, too. A Northwestern University study found high debt is associated with higher blood pressure in young adults. Additionally, a Rutgers University study found people who owed a high amount of unsecured debt, like credit card balances and medical bills, were more likely to suffer depression.But there’s good news: you can make money moves to address your financial anxiety. Here are four stress-relieving steps to take if you’ve experienced financial hardship:Take stock of your financesContact your creditors if you’ve fallen behindConsider a balance transfer …

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