The Relationship of Financial Worries and Psychological Distress among Psychology Students

This study focuses on the relationship between psychological suffering and psychological distress among National University – Baliwag psychology students. In this study, 78 college students who are enrolled in psychology programs were used as a sample, and the potential relationship between financial concerns and psychological distress was investigated. The Kessler Psychological suffering Scale (K10) is used to measure psychological distress, whereas the APR Financial Distress Scale is used to quantify financial worries. Regression analysis and correlation were employed to interpret the collected data. The findings indicated a strong correlation between psychological distress and financial concerns, particularly for female and third-year psychology students. This study also discovered that students’ psychological suffering is influenced by financial concerns, particularly those who experience depression. The results imply that in order to lessen financial worries and its detrimental effects on general psychological well-being, publicly-supported financial counseling services and public health intervention initiatives are required, with special emphasis paid to students in universities.