The Psychological Impact of Financial Stress: Financial stress can lead to anxiety, depression, and other mental health issues. The uncertainty of financial stability can exacerbate feelings of insecurity and fear, leading to a cycle of stress and mental health decline.

Job Loss and Its Consequences on Mental Health: Losing a job can be a traumatic event, leading to a loss of identity and purpose, which are closely tied to mental health. The sudden change in daily structure and financial security can have long-lasting effects on psychological well-being.

Coping Mechanisms and Support Systems: Developing effective coping mechanisms and having a strong support system can mitigate the negative effects of financial stress and job loss on mental health. Community resources and mental health services play a crucial role in providing support during these challenging times.