Does
Stock Market
Stress Affect Your Diet?
By
Lisa Drayer, MA, RD
"I'm turning in my blue chips for chocolate chips," says William
Rutherford of Rutherford Investment Management, a boutique investment
company in Portland, Oregon.
Lately,
you can't get out of bed in the morning without hearing news from financial
commentators describing how the market has taken a hit. "Over the
past year, the Wilshire index (index of all the major stocks) has fallen
by 5 trillion dollars--and that gives you the overall feeling that the
decline has taken place," asserts Larry Wachtel, Market Analyst
with Prudential Securities. "Sometimes there's an ebb and flow,
but the last two months it's gone straight down."
What's
more, even some of the most conservative investors-- those who would
otherwise keep their money in CDs or money market accounts--have gotten
speculative with their dollars, and fallen prey. "Even very risk
averse investors have gotten sucked in," says Bill Meehan, Chief
Market Analyst with Cantor Fitzgerald. "You know, when all of your
neighbors are drinking champagne and eating caviar, it's no fun to sit
next door and have a baloney sandwich."
The psychological
impact of going from a belief that this is a new economy and a new era
to the realization that this was all a fantasy, is stressful, says Meehan,
"especially when your $100,000 nest egg is now worth "50,000."
And since the market helps to predict the economy, that spells bad news
and a lack of job security for many Americans.
So how
does all of this financial pressure affect our diets? The reason is
obvious--money provides us with life's necessities, such as food, clothing,
and shelter. Often it is a resource that we depend on for retirement.
Thus, it's no wonder that experiencing financial stress can lead to
emotional and psychological discomfort, which can cause one to develop
unhealthful behaviors, such as drinking more, continuing to smoke or
starting to smoke again, or overindulging in high-fat, calorie-laden
foods.
The
Body's Response to Stress
What happens
in our bodies during any type of stress is the release of the hormones
cortisol and adrenaline. Indeed, high levels of these hormones can explain
why some individua
ls experience a lack of appetite when under stress these
hormones are part of the sympathetic nervous system, and when it is
triggered, we experience a "fight or flight" feeling in our
bodies, accompanied by a lack of appetite. The sympathetic or "fight
or flight" nervous system has the opposite effects of the parasympathetic
nervous system, the system associated with slowed heart rate, relaxation
and increased cravings for food.
But, stress
can have the reverse effect and cause emotional overeating. We can all
probably relate to the act of heading for the cookie jar when we re
upset, angry, anxious, or simply bored. Relieving negative emotions
through food increases serotonin levels in our brain, a hormone responsible
for relaxed and content feelings. Certainly financial stress qualifies
as a negative emotion, and can lead to over-consumption of calories
when our bodies are in search of more serotonin. |  |
Ways
to Cope When the Wallet Tighter Than the Belt
Financial
stress manifests itself through several avenues. But whether its layoffs
in the office, or a loss in the market, the end result is the same:
less money, and the question of what to do next.
How
do we avoid indulging in the Ben and Jerry's, the Budweiser, or the
Big Mac?
We
change the thoughts and behaviors that lead us to our
dieting downfall. In effect, we control the aspects of our lives that
we can control. And so we avoid "the crash" of our
diet by minimizing the triggers of financial stress.
What
this all comes down to is maintaining a positive attitude, and taking
a proactive approach to our lifestyle habits. And financial stress
is as good an example as any when it comes to looking at ways to cope
with the crazed-driven consumption (or in some cases, avoidance) of
calories. Now granted, changing our thoughts and behaviors will not
guarantee us freedom from financial despair. No one can control the
market or predict the day that it will come back, and history tells
us that it will. But, if our eating habits are declining with every
drop of the Dow, then avoiding some of the triggers of financial stress
can he
lp us control our weight and promote our health. And if we can
ride out the fluctuations of the market while keeping our weight under
control, then when it comes back, we can treat ourselves, guilt-free,
to that champagne and caviar.
Tips
to Avoid the Triggers of Stock Market Stress
Take
a look below to see how to avoid the triggers of stock market stress.
Although the financial tips are used an example, this theory of self-prescribing
tips through "nourishing" self-talk and behavior can be
applied to any emotional triggers you experience, and can help you
avoid over (or under) eating.
Be Realistic.
Although
you may have invested some of your disposable income, keep in mind
that for many sectors (for example, the technology sector) the interest
accrued was in the form of paper wealth as opposed to real wealth.
"The companies that manypeople were investing in were never
worth the valuations of the sum total of all those pieces of paper
combined," says Bill Meehan, Chief Market Analyst with Cantor
Fitzgerald. Always ask yourself, "Was the money ever real?"
And
if you re really in trouble, take control of your situation and sell some
stocks, says Meehan.
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