Financial Stress and Sleep Health

It has always been said that personal finance is just that, personal.  Sometimes though, the stress of personal finance can impact our personal health, especially when it comes to sleep or a lack thereof.  The web site, Mattress Advisor, recently did a deep dive into the correlation between being stressed about our money, and how that can impact your sleep habits.

Rent, electricity bills, essentials … expenses come in many forms, and often, this never-ending list can lead to feelings of worry and mental unrest. With images of past-due notices and credit card bills floating through your head, it’s not hard to understand why financial stress might keep you up at night.

Sleep issues and worry are known to be linked, so much so that it can be difficult to determine which one comes first in many cases. And while there are ways to work around money-related stress, sleep issues can haunt you in ways that often affect your health and wellness – both physical and mental.

The site wanted to know if and how financial worry, specifically related to bills and maintaining one’s standard of living, took a toll on people’s sleep and emotional well-being.  To accomplish this, they used the data provided by the CDC’s National Health Interview Survey (NHIS), and sifted through 26,752 individuals’ responses to find out more about the many ways in which stress can literally keep a person up at night – and how far it reaches into people’s personal lives at large.

Source: Mattress Advisor

Source: Mattress Advisor

Bill Pay Leads to Paying For a Lack of Sleep

Overdue bills (or even just bills you’re planning to pay on time) can be a huge factor in personal and family stress.  Thus this type of financial worry can also take a toll on your sleep.

Source: Mattress Advisor

Source: Mattress Advisor

Results showed that thirty-six percent of respondents who were reportedly very worried about paying their monthly bills said they never woke up feeling rested, compared to just 13 percent of non-worriers.  A nearly identical percentage of people in both camps felt occasionally rested in the morning, but a much higher number of non-worriers said they always felt nice and fresh upon waking: 44 percent, compared to just 23 percent of those who were worried about bills.

While their study did not focus on diagnosed cases of any mental disorder, anxiety and insomnia are often comorbid.  Stress and worry can keep you up at night, which causes you to feel tired, but chronic fatigue can also give rise to anxiety.  Either way, worrisome thoughts and sleepless nights go hand in hand.

From credit cards to monthly rent, there is no shortage of expenses – not to mention that life is indeed getting more expensive as the years go by.  It is, therefore, more important than ever to manage your financial stress to the best of your abilities: This type of chronic worry can open the door to adverse health effects like migraines, mental health issues, and of course, insomnia.

Their guide has some additional great statistics and information about the correlation of financial worry and the impact on sleep.  Highly recommend reading the rest of it.  For readers, have you noticed personal finances having an impact on your quality of sleep?  Be sure to leave a comment below!