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Finance and Financial Management

Utah State University

Finances

2022

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Full-Text Articles in Business

Responding To Financial Stress For Agricultural Producers And Couples, Jacob D. Gossner, Elizabeth B. Fauth, Tasha Howard Sep 2022

Responding To Financial Stress For Agricultural Producers And Couples, Jacob D. Gossner, Elizabeth B. Fauth, Tasha Howard

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Finances are a necessary component of running an agricultural production and with an uncertain economy, drought conditions, and rising costs, financial stress is increasingly common. Although financial stress is linked with poor individual and relationship outcomes, research suggests that there are effective ways to manage financial stress so that it does not reduce personal or relationship well-being. We review the body's response to stressors and how to respond rather than react to stress. We present specific strategies couples can use to navigate financial stress together. We include ideas for practical application for individuals seeking to improve the way they manage …