The festive cheer of the holiday season is often overshadowed by a surge in stress levels among U.S. adults. A recent poll by the American Psychological Association reveals a startling figure: Approximately 89% of adults feel overwhelmed by concerns such as financial constraints, missing loved ones and anticipated family conflicts.
The survey of 2,061 participants, conducted by the Harris Poll from Nov. 14-16, highlights a picture of holiday stress. While 49% of adults describe their stress as moderate, a significant 41% report an increase in stress compared to other times of the year. This elevated stress impacts enjoyment, with 43% indicating that it hinders their holiday spirit and 36% feeling the season is competitive.
Don’t Miss:
- The average American couple has saved this much money for retirement — How do you compare?
- How much cash can I expect to get each month from a $100,000 annuity?
Financial worries top the list of stressors, with 58% stressed over spending or lack of funds. Gift-finding and missing family members during the holidays follow closely. Households with annual incomes under $50,000 feel more pressure, contrasting with those earning above $100,000.
The stress of the holiday season isn't confined to financial concerns. Many adults who celebrate non-Christian holidays feel marginalized, with 23% of those observing Jewish holidays and 20% celebrating other non-Christian holidays reporting stress resulting from cultural and religious disconnect. They also expressed concerns about discrimination during this period.
Despite these challenges, the holiday season retains its positive allure. Many describe the holidays using joyous and fun terms, while also acknowledging their overwhelming nature. To cope, 88% of stressed adults employ various strategies, with 70% feeling comfortable discussing their stress. Common coping methods include managing expectations, volunteering and focusing on the transient nature of the season.
Trending: Here’s how to turn a $100,000 investment into $1,000,000.
Some resort to less healthy coping mechanisms, like isolation, dietary changes or substance use. Despite these challenges, a majority view the holiday season positively, valuing the sense of togetherness it fosters.
American Psychological Association (APA) CEO Arthur C. Evans Jr., Ph.D., emphasized the importance of mental health during this busy time, particularly for communities feeling burdened or excluded. He noted that the holidays, while potentially stressful, offer an opportunity to enhance physical, mental and emotional well-being through relationship-building and tradition.
The methodology of the Harris Poll survey adheres to high standards, with a Bayesian credible interval used for sampling precision, ensuring a reliable portrayal of the nation’s pulse during the holiday season.
The APA's findings highlight the mix of stress and joy that characterizes the holiday season. Recognizing these dynamics is essential for promoting a more inclusive and thoughtful approach to holiday celebrations.
As you navigate the holiday season, consider this additional tip for financial well-being and a brighter future:
- Invest in your financial future: While it may not yield benefits this year, consider setting aside a small amount for investing in startups or other promising ventures. A little upfront investment could position you to be part of the next big financial opportunity down the road. Remember, anyone can invest, and even a small contribution can grow over time.
- Set realistic expectations: Understand that perfection isn’t necessary for a joyful holiday. Set realistic expectations for your budget, decorations and celebrations.
- Connect with loved ones: Reach out to family and friends, even if you can’t be together physically. Virtual gatherings and heartfelt messages can bridge the gap.
- Practice self-care: Take time for self-care activities like meditation, exercise or simply unwinding with a good book. Prioritizing your well-being can help reduce stress.
- Seek support: Don’t hesitate to talk to someone you trust if you’re feeling overwhelmed. Sharing your concerns can provide emotional relief.
- Embrace traditions: Engage in holiday traditions that bring you joy and connect you to your cultural or religious heritage.
- Consider giving back: Volunteering or helping others in need can be a fulfilling way to shift the focus from stress to compassion.
- Stay mindful: Remember the true spirit of the season and the value of togetherness. Material gifts are just one aspect; the bonds you create with loved ones are the most precious gifts of all.
Read Next:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
