By Steve RosenbergPublished Mar 10, 2018 12:56AMSTOCKHOLM–(BUSINESS WIRE)–Anxiety is a powerful force that can take hold of you if you let it.
The stress of having to choose between your work and your family is often compounded by a loss of sleep.
But a recent study published in The Journal of Psychosomatic Research shows that the stress that can accompany that decision is much more powerful than most people imagine.
The study examined the effects of the Great Recession on the financial health of 1,200 people who were asked to choose whether they would like to continue working or take time off to raise their children.
They were then asked to make a second choice: whether they wanted to stay home with their families or start their own businesses.
The findings, based on interviews with more than 600 people, were interesting.
While the majority of people chose to work, they were more likely to have a lower financial well-being than those who decided to start their businesses.
For example, those who chose to start businesses were more than twice as likely as those who did not to report having a significant amount of income in the past year.
The report also found that a significant portion of those who started businesses reported having higher stress levels than those that stayed home.
“The fact that the decision to work was more stressful was not necessarily related to a lack of financial resources or resources to save for retirement,” said Professor Tim O’Sullivan, who led the study with his colleagues from the University of Helsinki in Finland.
“It was rather that the decisions were less likely to be taken because they were stressful and that stress was related to the negative psychological consequences of not having enough money to make it work.”
The findings suggest that people can cope with a significant loss of income and financial security by taking time off and putting aside more of their money to build a business.
But for many, those decisions can lead to a greater financial strain and stress.
For instance, a person who wanted to start a business might not be able to find the financial resources to do so and would need to raise money in a way that would allow them to maintain their lifestyle.
This, in turn, could lead to the person being more stressed.
“If you want to start your own business, it can be a very difficult decision,” said O’Brien.
“You need to be very careful to make sure that you don’t have a big enough cushion.”
The report provides further insight into why some people are so stressed by the loss of their income and a lack the ability to pay for their own home.
The survey also showed that those who took time off from work reported feeling more confident and happier after the recession.
The researchers say that this is partly due to the fact that they had more money to invest and were able to spend it elsewhere.
“It is a positive thing to have more money in your pocket,” said one respondent, who works in the finance industry.
“I do not have any problems paying bills and being able to save money for retirement.
I think it’s a positive.”
However, for many of the respondents, the extra money was not enough to replace the lost income.
In fact, the study found that people who lost income reported feeling poorer and more stressed after taking time out.
“You can’t expect people who are not working to save as much as people who do work,” said Mr O’Connell.
“That’s not the case.
If you want people to be able not to feel stressed about their financial situation, then they need to invest more in their retirement.”
The study also looked at the impact of the financial crisis on individuals’ mental health.
While many people have lost their jobs, a large percentage of the population is also feeling the effects.
The researchers asked a total of 1.3 million people in Sweden to rate how stressful the financial stress was affecting them.
The results showed that, among those who reported having experienced a financial stressor, a majority of them reported having suffered from depression.
A total of 3.4 percent of those surveyed also reported having been diagnosed with a mental health condition.
The research is part of the Social Science Research Network’s Global Impact on Health project, which aims to bring together experts from the disciplines of psychology, medicine, sociology and economics to tackle the root causes of health problems and improve health care.
For more information on the Global Impact project, please visit: www.globalimpact.org/gij