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American Psychological Association Practice Direct

Americans say money is number one cause of stress

Published in Mental Health Business Week, April 24th, 2004

As Americans rushed to file taxes by April 15, many named money as the number one factor that affects their stress level. A survey commissioned by the American Psychological Association (APA) found that 73% of Americans singled out money, with 33% saying it is a very significant factor contributing to stress. Work, physical health and children follow next.

"Stress related to money worries can have a real impact on people's psychological health," said Russ Newman, PhD, JD, executive director for professional practice at the American Psychological Association. "And with tax filing deadlines upon us, many people may be experiencing additional stress. But, people can learn...

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