Why Is Tax Day Dangerous to Your Health?

tax suzanne tucker_929479

photo by Suzanne Tucker / Shutterstock.com

Be anxious for nothing, but in everything give thanks.
Philippians 4:6

by Dr. Megan Jones


Consider these facts:

  • You are more likely to die in a car accident on Tax Day (due to a spike in driver stress levels).
  • 56% of US adults say the tax-filing process is stressful, 18% consider it "very stressful." [Source: Zogby Interactive Survey]
  • Tax Day was tied as the 2nd most stressful day of the year (1st place was a day with mass tornados). [Gallup-Healthways Well-Being Index]
  • About 75% of Americans cite money as a significant cause of stress. [Source: American Psychological Association]

So with Tax Day nearly here, what can you do to better cope with the tax-time stress pandemic? The solution comes in four steps:

Step #1: Pivot your perspective
Because your chance of feeling daily stress is the same if you make $40K per year versus $160K per year, realize that more money does not make you less stressed—but your attitude about money can.

Step #2: Look forward, not back
For many couples, conflict arises during tax season because one partner tends to spend more while the other saves more. Rather than looking back at what each of you did in 2014, use tax time to make 2015 financial resolutions.

Step #3: Be proactive
Because money-related stress is often related to a feeling of helplessness, choose a simple action (such as selling an old item on Craigslist), that you can implement immediately to start positively impacting your savings.

Step #4: Box it up
To manage different sources of stress, visualize "boxes" where you can put each stressful obligation when you're not actively engaged with it. Avoid thinking about tax and money issues until you consciously decide to take them out of a mental box.

Dr. Megan Jones is a Stanford psychologist who also serves as chief science officer of Lantern professional coaching.

Print Friendly, PDF & Email

You May Also Want to Read

  • By Derek Kaser My heart aches because of the Nashville Statement. My heart aches because it is reckless and dangerous…

  • Thanks to Thee, O God, that I have risen today, To the rising of this life itself; May it be…

Comment policy: ESA represents a wide variety of understandings and practices surrounding our shared Christian faith. The purpose of the ESA blog is to facilitate loving conversation; please know that individual authors do not speak for ESA as a whole. Even if you don\'t see yourself or your experience reflected in something you read here, we invite you to experience it anyway, and see if God can meet you there. What can take away from considering this point of view? What might you add? The comments section below is where you can share the answers to those questions, if you feel so moved. Please express your thoughts in ways that are constructive, purposeful, and respectful. Give those you disagree with the benefit of the doubt, and assume they are neither idiots nor evil. Name-calling, sweeping condemnations, and any other comments that suggest you have forgotten that we are all children of God will be deleted. Thank you!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.