Friday, January 21, 2011

The state of Financial Stress

At least according to my belief, nothing stresses you out than your financials. And now the same is being true for the state and federal financials. States are in a terrible shape partly due to their own excesses and partly due to the recession. For an individual, the stress that financial problems create can have an ill effect on your health, life and your marriage. If you don’t have enough money, you are at the mercy of others, your bills don’t get paid, you cannot eat, do things you want, your health is adversely affected and you have fights with your spouse on money matters.

Even money is not everything, and many things can’t be brought by money alone (like loyalty, health, love, respect-although it can in front of you at least) but still the most import matter is money and even with this severe recession, most people don’t have clue how to come to grip with their financial situation. This is true by watching shows on television where ordinary people ask for help in managing their financial resources, since it just sometimes makes you very unhappy. This is being realized by states now since the money problems are straining the budgets and they are scrambling to find new venues of revenue. All in all the state of financial stress will continue to haunt the states and individuals alike.

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