Ultimately, there are ways in which financial stress can be addressed and prevented.
Often, asking for help, using financial wellbeing platforms or simply mulling over any issues with another human being can make a world of difference.
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As such, if people can take such action, people can retake control of their finances, improve their financial wellbeing and protect their mental health, even in this harsh economic climate.
Chieu Cao is chief executive of Mintago
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