Are you constantly struggling with the negative psychological consequences of poor money management? Do you find yourself in a never-ending cycle of debt, anxiety, and low quality of life? There's a chance these consequences are due to lack of financial literacy and poor money management.

In today's society, financial stability is essential for overall well-being and mental health. However, the lack of financial education and poor money management skills has resulted in alarming statistics of breakups, divorces, homelessness, hunger, poverty, anxiety, depression, and even suicide.

According to a study by the American Psychological Association, financial stress is the leading cause of stress in adults, with 72% of Americans reporting feeling stressed about money at least once a month. This stress takes a toll on relationships, with money being one of the main reasons for breakups and divorces.

Furthermore, the lack of financial literacy and poor money management skills often lead to instability and inability to cope with unexpected life situations. As a result, individuals with low financial literacy are more likely to face financial emergencies and struggle with saving for their future, such as retirement or unexpected expenses.

In contrast, those with good financial literacy not only have a higher quality of life but also the stability to handle any unexpected challenges that come their way. They have a better understanding of their financial situation, resulting in more savings, investments, and good financial decisions.

Unfortunately, many individuals suffer from various financial disorders, such as shopaholics, hoarding, wastefulness, and even stealing. These disorders stem from poor money management habits and can lead to severe consequences, such as debt and financial ruin.

Shopaholics have an uncontrollable urge to shop, often resulting in excessive spending and debt. Hoarding, on the other hand, is the excessive accumulation of items and often leads to financial strain and cluttered living spaces. Wastefulness is the habit of spending money on unnecessary or frivolous items, which can quickly add up and impact one's financial stability. And stealing, whether it's from friends, family, or employers, can result in legal consequences and damage personal relationships.

Other financial disorders that can stem from poor money management include gambling addiction, credit card debt, and compulsive buying disorder. These disorders have a significant negative impact on one's mental health and overall well-being.

But it's not all doom and gloom. The good news is that financial literacy and good money management skills can be learned and practiced. After completing "Adulting" Unlocked! you will gain a better understanding of your financial situation and the skills needed to make smart financial decisions.

Seek professional help if needed: If you struggle with managing your finances, don't be afraid to seek help from a financial advisor or therapist. They can provide guidance and support in creating a healthy relationship with money.

In conclusion, the statistics of negative psychological consequences of lack of financial literacy and poor money management are alarming. But with proper education and skills, these consequences can be avoided. With this program you will not only improve your financial situation but also your mental health and overall well-being.

Below are some important and helpful numbers for your records:

• 911: For medical emergencies, call 911 to reach an ambulance or fire dept.

• 988: For suicide and crisis, call or text 988 to reach 988 Lifeline or 1-800-273-TALK

• 1-800-985-5990: For disaster distress, call 1-800-985-5990 

• 1-833-TLC-MAMA (1-833-852-6262): For national maternal mental health, call 1-833-TLC-MAMA 

• 1-800-222-1222: For poison help, call 1-800-222-1222 

• 1-800-662-HELP (1-800-622-4357): For substance abuse and mental health services administration's national helpline, call 1-800-662-HELP 

• (833) 612-1999: For health-related questions, call the Ask a Nurse hotline 

• 311: For non-emergencies, many cities support 311 for access to non-emergency municipal services