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Financial strain may have worse effects than grief, with a recent study revealing its lasting impact on key health markers. 

Researchers conducted the first analysis of how chronic stress types relate to health markers in older populations. Examining data from nearly 5,000 adults aged 50 and above, financial strain emerged as the most significant stressor, linked to adverse long-term health profiles. Biomarkers in the blood, including cortisol, C-reactive protein, fibrinogen and insulin-growth factor-1, were used to establish these risk profiles. 

Participants reporting general stress were 61% more likely to fall into the high-risk category at a four-year follow-up, while those stressed by finances alone were nearly 60% more likely. Each added stressor, such as divorce, increased the likelihood by 19%. These associations remained significant regardless of genetics, socioeconomics, age, sex, or lifestyle. 

While the study does not establish direct causation, it suggests stress significantly impacts the aging body, with financial stress, bereavement and chronic illness showing the greatest long-term changes in immune and neuroendocrine biomarkers. Researchers advocate for clinical interventions targeting the immune and neuroendocrine response to stress to potentially alter disease courses.

How to cope with financial strain

Coping with financial stress requires a strategic and holistic approach to alleviate its impact on mental and physical well-being. Firstly, creating a realistic budget can provide a clear overview of income, expenses, and savings goals, enabling better financial management. 

Prioritizing essential expenses helps maintain stability during challenging times. Seeking professional financial advice or credit counseling services can offer tailored strategies and debt management plans. Building an emergency fund, even incrementally, provides a financial safety net. 

Additionally, open communication with family members about financial challenges fosters a supportive environment. Engaging in stress-reducing activities, such as exercise or mindfulness practices, contributes to overall well-being. Exploring additional income streams or part-time opportunities may also alleviate financial strain and enhance long-term financial security.