Financial Stress by Adetola Ade https://padlet.com/mobolusayo/wzcoxcdexsi0 en-us 2018-09-26 21:40:58 UTC 2025-11-18 18:24:54 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Removelove.png No savings "a growing number of low- and middle-income households are plagued by high debt and have little or no savings" (Paul Davidson) mobolusayo https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/286278621
 The main idea behind this quote is to show the reason why most people have financial stress. Most people experience financial stress because of little or no savings, and the reason for little or no savings could be overspending, cost of living outweighing the income earned by individuals and so much more. Having more bills to pay than income leads to more debts which in turn leads to financial stress.

]]> 2018-09-26 21:53:09 UTC https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/286278621 mobolusayo https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/286278966 "This manifests itself as many various common physical symptoms, which can include headaches, backaches, high blood pressure, ulcers, and many more" (Addie George, Michael Kane)

 In this image you can see a man looking at his bills and suffering from a headache. The financial stress that is shown in the image is that he is contemplating what bill to pay which is causing his  heart rate to rise and giving him a migraine.]]> 2018-09-26 21:55:47 UTC https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/286278966 Having Discipline mobolusayo https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/286280411  "The choice between enjoying something fun this month or saving that money for an upcoming bill or retirement is difficult to make. Just like with a diet, a balance must be found. Always saving the money and never enjoying it now will burn out an individual much like never cheating on a diet, but always picking the chocolate cake or fun event will leave a person hurting in the long run."

The quote is underlying an important concept of balance and knowing when to have discipline. It's important to know what's good for yourself and make the right decision even if a more tempting decision comes up. In a financial case learn when to balance saving and spending.

]]> 2018-09-26 22:02:49 UTC https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/286280411 mobolusayo https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/286797684  
 "In addition to these costs, the APA study shows employees may actually avoid seeking medical care because of the cost. " (Addie George Michael Kane)

Financial stress can lead you to do a lot of things. One of those things include obsessive drinking. When you drink when you are stressed it increases you inability to concrete this can be both dangerous and very irresponsible .  
]]> 2018-09-28 02:45:33 UTC https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/286797684 Asking for Help mobolusayo https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/287883248 "Look to your left. Look to your right. One of you will have financial stress this year, so lend a hand." (Kelley Holland)"

What this quote is saying is basically make sure that you have a reliable financial assistance group. There's no reason people should combat financial stress alone.]]> 2018-10-01 21:47:34 UTC https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/287883248 Financial obligations "You have a large share of the population who are struggling to meet their financial obligations and has seen modest to no improvement" (Paul Davidson) mobolusayo https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/288449245 The underlying idea behind this quote is that Financial obligations often causes stress for people. Financial obligations are the payments that people are obligated to make for services,loans,bills and other responsibilities. Most people lack the funds to settle their financial obligations like electric bill, insurance, rent etc. The struggle to settle financial obligations leads to financial stress.]]> 2018-10-03 04:50:18 UTC https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/288449245 Becoming More Financially Literate mobolusayo https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/288762667 "The most common things on campus is getting into money trouble and one way to avoid it is understanding some financial basics."
https://www.youtube.com/watch?v=AB3awZOXImA
Since financial trouble is so common especially for college students then it's an important task to combat. To combat financial trouble raising ones knowledge of financial literacy is the best step to take.]]> 2018-10-03 16:54:33 UTC https://padlet.com/mobolusayo/wzcoxcdexsi0/wish/288762667