AMFM Healthcare recently conducted a national survey which revealed that a majority of Americans are struggling with financial anxiety. With mounting economic pressures expected to intensify in 2025, effects of this anxiety hold the potential for serious health side effects.
Key Takeaways
- 60% of survey participants reported postponing seeking out professional help for mental health.
- Economic anxiety can directly affect other aspects of everyday life.
- Financial stress has increased from an occasional occurrence to a weekly occurrence.
The survey went on to note that financial concerns have increased from an occasional occurrence to 70% of survey participants claiming they face financial anxiety on a weekly occurrence. The stress can also bleed into other aspects of life, such as affecting sleep patterns, with 77% saying economic hardship disturbed their sleep. Sleep disruption isn’t the only aspect of life financial anxiety can affect, with 67% of participants claiming the anxiety put tension in their relationships, and another 60% reporting a decline in work performance. The survey results directly reflect the impact financial anxiety has on metal health, and the aspects in everyday life that be affected.
Importance of mental health
Ted Guastello, CEO, AMFM Healthcare touched on the impacts finical strain can have on mental health, saying, "Behind every inflation statistic is a real person lying awake at night, when almost eight in ten Americans tell us their financial anxiety has grown this year, it becomes clear that economic stress is a public-health issue as much as a pocketbook issue." 1
In AMFM’s survey, a concerning 60% reported they are avoiding and delaying seeking out treatment for mental health despite the fact nearly 75% of survey participants claimed housing costs, debt, healthcare costs, and retirement have all negatively impacted their mental health.