HOUSTON, April 25, 2012 /PRNewswire via COMTEX/ -- It's no secret that
financial education is a good thing, especially in the current economy. What is
not common knowledge, however, is that financial education can improve a
person's physical health in addition to their financial health.
A recent study by the American Psychological Association found that money was
respondents' leading source of stress. And, an Associated Press/AOL, poll
comparing those with high debt-stress with those who had low debt-stress, found
the following:
Twenty-seven percent with high debt stress had ulcers or digestive tract
problems, compared with eight percent with low debt-stress.
Forty-four percent with high debt-stress had headaches or migraines, compared
with four percent with low debt-stress.
Twenty-three percent with high debt stress felt they were suffering from
depression, compared with four percent with low debt-stress.
The heart attack rate of those with high debt-stress was double that of those
with low debt stress.
Sixty-five percent more people with high debt-stress suffered from muscle
tension or lower back pain than those with low debt-stress.
Financial Education Can Help!
Research shows that financial education programs can help build confidence by
shaping new attitudes and behaviors toward money. In fact, a recent TIAA-CREF
Institute study found that people with a high degree of financial literacy are
more likely to plan for retirement, and people who plan for retirement have more
than double the wealth of people who don't. And, according to MetLife's Tenth
Annual Study of Employee Benefits Trends, consumers who attend financial
education training programs are 25 percent more likely to feel in control of
their finances compared to those with no financial education or training.
Don't let financial concerns burden you any longer! Learn how to take control
of your finances and build a healthy financial future. Visit,
MoneyManagement.org to find a local financial education workshop in your area,
or register for a free financial webinar today!
About Money Management International
Money Management International (MMI) is a nonprofit, full-service
credit-counseling agency, providing confidential financial guidance, financial
education, counseling and debt management assistance to consumers since 1958.
MMI helps consumers trim their expenses, develop a spending plan and repay
debts. Counseling is available by appointment in branch offices and 24/7 by
telephone and Internet. To learn more, visit MoneyManagement.org or call
800.432.7310.
Contact:Tanisha WarnerMedia
Relations713.394.3202Tanisha.Warner@MoneyManagement.org
SOURCE Money Management International
Copyright (C) 2012 PR Newswire. All rights reserved
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