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Tips to ease money anxiety when the economy is stressing you out

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Financial anxiety can drive you to take actions that could make your financial situation worse

Financial anxiety can drive you to take actions that could make your financial situation worse

PHOTO: AFP

Diane Harris

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Tariffs and a global trade war, which could raise prices and discourage consumer and corporate spending, have economists raising their odds of an economic downturn in 2025. Coupled with wild swings in the stock market, it’s no wonder that financial anxiety is spiking to new heights.

The danger is not just the financial anxiety, which has been linked to higher risk of various health problems, from depression to heart attacks. It is also that the pressure can drive you to take actions that could make your financial situation worse.

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