Black Men

When men face financial setbacks or challenges

they may feel like they have failed to meet expectations, which can lead to feelings of shame, guilt, and anxiety.

Financial stress can have a significant impact on mental health in men, as financial pressures can lead to feelings of depression and anxiety. Studies have found that men with higher levels of financial stress are more likely to experience symptoms of depression, such as sadness, fatigue, feelings of worthlessness and hopelessness, irritability, and difficulty concentrating.

Financial stress can also lead to physical health problems such as headaches, stomach aches, and sleeplessness. In addition to these direct effects on mental and physical health, financial stress can also lead to an increased risk of substance abuse and other compulsive behaviors as individuals attempt to cope with their situation.

To reduce the risk of depression due to financial stress, it is important for men to develop healthy coping strategies and practice good money management techniques. Seeking professional help from a mental health provider or financial adviser may also be beneficial in mitigating the impacts of financial stress.

As such, men need to recognize the symptoms of depression and seek help if they are experiencing any of the above-mentioned signs. By addressing the underlying causes of financial stress and seeking professional help if necessary, men can reduce their risk of developing depression due to financial difficulties.

Research: Coming soon

IIC will conduct research into Black Men’s Financial Well-being.

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