Annotated Bibliography On Financial Stress

CitedBrigham, Eugene F. , and Phillip R. Daves. Intermediate Financial Management. 8th ed. Mason: Thomson South-Western, 2004.

There are many different broad definitions of stress and how to cope with it, known as stress management.

Stress can come from anything we do in our daily lives, even if it is a positive or negative change. To measure the amount of stress a single event can cause two men named Thomas Holmes and Richard Rahe came up with the Social Readjustment Rating Scale. Over time this scale has been modified to accommodated for

Financial Advisors within the credit union environment have a unique situation. This section details items Advisors need to know, understand and utilize when in the credit union environment. Several important guidelines must be followed:

Debt serves as a huge stress factor amongst many individuals within America’s society. Student loans have a tremendous impact on younger individual’s lives and can affect their futures as well. Many individuals are unable to live normal lives, and are rather trapped with debt serving as a burden on their shoulders. Student loans affect about thirty-seven percent of individuals in America. For many students financial aid or private loans are the only source of payments for a higher education. Student debt inhibits graduates from spending money on personal items and consumer goods. In order to diminish this, lenders should be required to forgive student loans if students are unable to repay their debt through no fault of their own.

Part II: Statement of how the themes that are evident in the client's presenting problems contribute to the client's level of distress. Identify two Schema Domain (Young, 1998) that are evident in the client's presentation.

I was surprised at the end of reading this article when I found out it was written by a research associate in the Community Development department of the Federal Reserve Bank of San Francisco, since her work involves her researching a range of issues aimed at improving the finances and ultimately, the health of people from low to moderate economic status. The writer, Laura Choi who studied economics and public policy at Berkeley, shows genuine concern for people who are struggling financially.

Reconstructionof your credit after a episode of economic hardships, bankruptcy, repossessions or other monetary strain that blemishes any credit report can be upsetting and perplexing. For most people these are times of horrific tension. But times change and situations change so don't let the reprieve than comes when the wages and assets get back in line be overshadowed by the troubles left on the credit report.

Another significant cause of stress is a lot of individuals are suffering from a financial. Some people have a lot of amount of debt more than their income. For example, people should pay for medicals, educations, and bills. For this reason, debt gives rise of tension. Debt is a huge ball of stress (“The Debt-Stress Connection,” n.d.). Also, college students feel anxious about their money. Some scholar reduced their class load due to the money, and the another took a break from the University (Grabmeler, 2015). Financial issues give rise to some students to make challenging selections about their study. In addition, parents worrying about how they would take care of their children. For example, parents must buy food and clothes, paying the

Throughout life stress is a common problem whether it’s at work, school or home. The many negative effects of stress in fact affect individuals differently varying from health issues to work performance. Therefore, all individuals have different views of stress and various ways of handling it or otherwise managing their stress. Stress is when any living thing feels endangered and its homeostasis is at risk (Varvogli & Darviri, 2011, p. 74). Ways of dealing with stress are efforts of cognitive, behavioral, and psychological nature that allows a person to manage stress. Although there are different causes of stress, there are also many techniques for relieving it. The following articles are intended for the reader to

Although, when one reflects on the day’s thoughts of finances his or her mind is easily eased because one can simply just create a course of budget. In order to keep track of spending and to stay out of debt, it is important that one writes down how much that he or she is willing to spend each month and does not go over that budget. Subsequently, by budgeting not only is one managing his or her finances but one is also making his life easier. According to Harry (2015), “A most important essential for achieving personal success is having money…having money gives you more choices and freedom to explore an open world of possibilities” (p. 413). Therefore, not only does budgeting give one a new outlook on his or her finances, but it also gives one an opportunity to explore a whole new world of

Central Idea: There are many forms of stress and it is important to know what they are and why they are that way.

Ehrhardt, M.C. & Brigham, E.F. (2011). Financial Management: Theory and Practice, Ed 13. Ohio: South-Western Cengage Learning.

Personal budgeting is an important factor in regards to successful long term financial stability. Budgeting has many great aspects as well as showing areas of weakness. It can show the truth about your personal financial spending habits, areas that are not looked at enough, and if there are needs for a larger emergency fund. The reality of personal budgeting is that many people potentially do not keep a personal budget for one reason or another. People also don’t consider the negative effect that it could have on one personally and or how it effects the economy.

Brigham, Eugene F., and Joel F. Houston. Fundamentals of Financial Management. Thomson: South-Western Publishers, Eleventh Ed. 2007.