Financial Burden

Financial burden refers to the strain or pressure that financial obligations and expenses place on an individual or household. This can manifest in various forms, including debt, high living costs, unexpected medical expenses, and other economic stresses that can impact a person's quality of life. Managing financial burden involves careful planning, budgeting, and sometimes seeking professional advice to navigate through financial difficulties. Addressing financial burden is crucial for mental and emotional well-being, as prolonged economic stress can lead to anxiety and other health issues. By understanding and addressing the elements that contribute to financial burden, individuals can work towards achieving financial stability and peace of mind.