"Stress related to money worries can have a real impact on people's psychological health," says Russ Newman, Ph.D., J.D., 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 to manage financial stressors and other life challenges by taking steps to build and enhance their resilience."
Resilience is the process of adapting well in the face of adversity, trauma, or even significant sources of stress such as family, health, workplace or financial stressors. Resilience involves behaviors, thoughts, and actions that anyone can learn and develop.
The survey of 1,000 Americans was conducted by Penn Schoen & Berland from January 26-27. All respondents were between the ages of 18 and 64 years old. The margin of error for the study is ± 3.1 at the 95th percent level.
Consumers can access information on developing resilience at www.APAHelpCenter.org/resilience or by calling toll-free 1-800-924-2000 for a free brochure, The Road to Resilience.
The American Psychological Association (APA), located in Washington, DC, is the largest scientific and professional organization representing psychology in the United States and is the world's largest association of psychologists. APA's membership includes more than 155,000 researchers, educators, clinicians, consultants and students. Through its 53 divisions and its affiliations with 60 state, territorial and Canadian provincial associations, APA works to advance psychology as a science and profession, and as a means of promoting health, education, and human welfare.