The Benefits and Challenges of Behavioral Health Treatment
The term Behavioral Health was coined almost 40 years ago. However, over time, the meaning of this word has evolved. Most people use behavioral health as a synonym for mental health, whereas there is a difference between the two.Mental health deals with a person’s mental state or psychology but behavioral health deals with the habits a person possesses, such as eating patterns, sleeping patterns, the lifestyle choices they make. etc. If a person struggles with a mental health issue, it can be comorbid with behavioral health problems and physical health issues. According to estimates, 70 percent mental health issues exist in correlation with behavioral health issues. Therefore behavioral health treatment centers or services have become essential to combat the disease.According to a study, around 44 million people struggle from mental health-related problems every year but only 40 percent of these are able to receive treatment. There are several reasons that contribute to people not seeking help for mental disorders. While 60 percent of the people do not seek treatment because of the associated social stigma, others do not seek treatment as they remain undiagnosed, do not have the money, lack the access to a reliable mental health facility, or do not have credible behavioral health centers near them.Behavioral Health ServicesBehavioral health services are not limited to mental health treatment programs. With its evolving scope, the range of services offered has only increased. Some of these services include:
Psychiatric
Psychology
Mental health counseling
Family and marriage counseling
Substance abuse treatment including prevention, recovery and intervention
Chronic disease management
Understanding Behavioral HealthBehavioral health refers to the relationship between daily habits (good and bad) and how they affect physical and mental health. Ideally, good habits (healthy eating, exercise, and sleep patterns) lead to a balance between good physical and mental health. On the contrary, bad habits often lead to poor physical and mental health.Based on lifestyle choices made, behavioral disorders might include:
Living in unhygienic conditions
Eating disorder
Social isolation
Sleep disorder (sleeping too less or too much)
Substance abuse including drug, alcohol or chemical dependency
Addictive behavior such as gambling, sex, compulsive shopping, etc.
Why It Is So Difficult To Seek Treatment?Most people do not seek help for behavioral disorders because they remain in denial. It is difficult for them to accept that they have a problem. Some people believe that it is a choice that they have made and therefore it cannot be called a problem. The reasons for not seeking treatment can be myriad and varied. Some of the other reasons may include:
Social Stigma and embarrassment
Fear of getting judged by society
Not being able to recognize symptoms effectively
Lack of trust and support
Feelings of loneliness and hopelessness
What Are The Benefits Of Seeking Treatment?Behavioral health disorders are complex and require customized treatment, but it is difficult to convince patients to seek treatment. However, knowing about the benefits of treatment can provide the needed nudge to seek treatment. The advantages of seeking treatment are as follows:
Improves quality of life
Combats mental illness from its root
Improves personal and professional relationships
Reduces chances of complications especially for addiction-related problems
Improves productivity
Mitigates risk of medical issues
What Are The Treatment Options Available?A treatment plan for behavioral health disorder may be a combination of the multiple therapies, the most important of which would be group therapy. Encouragement and support groups provide personal therapy that helps the patient understand themselves and their goals better. Group therapy also provides patients with contacts of others who have or are facing similar problems. Interacting with such persons helps the patient realize that they are not alone. It also provides them with the required moral support to take care of themselves and seek and continue treatment. However, the customized treatment programs require an effort from multiple types of professionals. These professionals may include:Psychiatrists: These service providers can address a wide range of issues. They deal with psychiatry on various aspects such as adolescence issues, childhood struggles, or substance abuse. They prescribe medications to treat behavioral health disorders.Psychologists: These professionals have experience in psychology consulting. This also includes clinical psychology. They carry out diagnostic work and conduct psychotherapy to treat the patient’s condition.Social workers: They assist through government run programs. They work in a variety of fields related to children mental health, substance abuse, and mental health in the less privileged society.Licensed professional counselors: These counselors usually specialize in treating patients with psychotherapy. These professionals may focus on specific areas of behavioral health, such as family problems, substance abuse, and relationship issues.Residential treatment centers: These are inpatient treatment centers where people are allowed to reside under 24/7 medical supervision. The patients undergo a personalized treatment plan as per the severity and duration of the disorder. These centers provide a controlled environment for the treatment and combat relapse.When To Seek Help?Behavioral health disorders should never be undermined. They should be identified at the earliest otherwise it will affect the patient’s relationship and productivity as they grow into adults. Behavioral abnormalities have affected lives. There are numerous treatment programs available to treat the disorder.
Management Consultants – How These Professionals Can Help
The term management consulting mainly indicates the practice of assisting companies to primarily improve their performances through in-depth analyzation of the existing issues in the businesses and therefore by offering the company people development plans for improvement. A management consultant is the person, who mostly does things, which are not complementary to what the client’s leadership is doing; in fact it actually makes up for the deficiencies.The management consultants propose important ways to improve the efficiency of the companies. They also recommend the managers about the ways to make the companies more profitable through increased revenues and decreased costs.Therefore, the companies that employ these consultants admit that their executive team members were unable to meet with the challenge before and after hiring the consultants, they have gained from the inflow more than what they have lost from the outflow of the details.The management consultancies offer the services like development of coaching skills, organizational change management assistance, strategy development, technology implementation, operational improvement services and many more. Generally, the management consultants bring their own frameworks or proprietary methodologies to find the problems in a company and therefore to serve as the basis for the recommendations for more efficient or effective methods of performing the business tasks. Here are the details of different types of consulting firms:
The diversified services and large organizations: These offer a complete range of consulting services, strategy practices and information technology related services. A number of very large IT service providers have also moved into the field of consultancy these days and they are also developing a number of strategic practices to help other businesses.
Management and strategic consulting experts: These people mainly offer business intelligence models and strategy consulting for different industries.
Mid-sized management consultancies: These consultancies offer both technologies and consulting services with specialties that are similar to both the boutique firms and large consultancies.
Boutique firms: These consultancies mainly have consulting experience in the functional areas, specific technologies, industries or regions of the world.
The job of a management consultant is not limited to 9-5. So, a consultant may need to spend a much time away from the home. Therefore, having a great flexibility is a must. So, this career option is not ideal for people, who are shy and retiring type. Apart from that, there is also a huge emphasis on the work-life balance. The management consulting firms are very much competitive with one another to grab the best people and the big projects. Besides, a number of consulting companies are also big on social and community affairs, and these help their people to do things in the local communities, personal life and other types of worthwhile causes.
Crypto Currency Vs Fiat Currency
Crypto currency vs. Fiat currency
Are you aware of the fiat currencies and the crypto currencies? They both are currencies in one form or the other and are open for public use across the world. But they are both different and distinct in their own ways. There is always one group that favors the use of cryptos, while the other has a soft corner for the fiat currencies.
In cashless society- crypto money play a huge role
If you have a look at the market of the 1970s and 1980s, you will find that the cash played the dominant role. But, with the change in the technology, electronic transactions have become the usual norm. Today, more and more people are influenced in becoming the cashless society. With the progress towards the cashless society, cryptocurrencies have a big role to play.
Crypto currency and fiat currency are always at loggerheads
Cryptocurrency and fiat currency are popular types of digital currency, especially when it is about an online transaction. They both are currencies currently in use in the market but have some differences in them. There is a hell lot of hypes that you will hear on a daily basis comparing the crypto money and the fiat money. This article will highlight the difference between the two in a more comprehensive and clear manner.
Differentiating in what the currencies stand for
Before going for the difference between the two, you must understand what do they stand for and how are they are defined.
The fiat currency is a legal tender that has the support of the central government, and it operates in the physical form. For instance, US dollars, British Pounds, Euro etc. On the other hand, the crypto currency is a non-legal tender, and doesn’t have any backup from the central government or bank.
Hence, the difference between crypto currency and fiat currency is noted as follows:
• Crypto-currencies are decentralized and global in nature. There are no one entity or government that controls the currency with their laws and regulations. The Fiat currency is centralized, under the control of the laws and regulations of the banks and government.
• Crypto-currencies have their existence only in the digital domain. On the other hand, you will find that the fiat currencies have a tangible and physical existence.
• There is a limited supply of crypto-currencies with a maximum set of them getting supplied in the market. Whereas, the fiat money has an unlimited supply as the government and bank are entitled to produce coins and paper money whenever the situation is required.
• The Bitcoin and other crypto type currencies are created by the computers, while the fiat currencies are issued by the local government and the banks.
• Cryptocurrencies are presented as the public and private code pieces. On the other hand, the fiat currencies are presented in the form of coins and paper money.
• The value of the crypto currencies is not recognized by the supply and demand of the market. Whereas, the fiat currency value is determined by the market regulations of supply and demand.
The different types of crypto and fiat currencies
In the last one decade, the popularity of crypto type currencies has emerged as a huge success. It was in 2009, when Bitcoin was first introduced, and years after several other types of crypto currencies have emerged. Starting from Litecoin. Dogecoin, Ripple to the Dcash and Zcash, there is a plethora of them. On the other hand, the fiat currency has a rich and ancient roots, with the Great British Pound, that dates back to 775 AD. It is considered as the oldest currency in the world that is still in use.
The differences in the anonymity between the two currencies
When you are using the fiat currencies, you need to undergo a user identification or verification process. You are asked to upload a recent picture of yourself and some of the required documents to be issued as per the public authorities. You don’t need to undergo any of the required processes with the crypto currencies. Though your personal information and confidential details don’t get public, but all your transactions are recorded and tracked in both the fiat and the crypto currencies.
Fiat currency vs crypto currency: transparency level
• The transparency level with the crypto type currencies are considered to be more. This is because the revenue streams are displayed in a public chain. Everyone can witness their own and others’ transactions.
• The fiat or govt. currencies are not transparent, as there are not public chains to see the revenue streams of the people.
A comparative historical roots
If you compare the crypto money with that of its counterpart, fiat or government currency, you will find that their existence and creation brings the difference. The Fiat or government currency, dates back its existence as early as 775 AD with the introduction of the Great British Pound. This is why fiat type currency is easily accepted by the people all over.
On the other hand, the crypto coin was perhaps first introduced only a decade ago, with the introduction of Bitcoin in 2009. The challenge that the Bitcoin and other crypto currencies face is catching up with the immense popularity and increasing fan base of the fiat currency. Crypto currency, is no doubt gaining importance and popularity in the economic market, but it has still not been accepted widely in the society as the fiat currency.
A comparative history of the two currencies:
• It was in the 11th century, when the Chinese Song dynasty was perhaps the first one to issue the paper money. It was not allowed to exchange with valuables like gold and silver or silk.
• There were Tally sticks that were introduced as a fiat or government currency. 1100 Tally sticks were introduced as a combat for the shortages in gold.
• 1971, was the year, when the fiat currency received a worldwide recognition. President Nixon introduced it in order to eliminate the dollar pegging system to gold.
• It was in 1998, when the idea of an anonymous electronic cash system emerged by Wei Dai. Bitgold-the very first crypto currency was created by Nick Szabo, but it didn’t receive as much attention as Bitcoin.
• In 2009, Bitcoin was introduced in the market, that became the first crypto currency that was accepted across the globe. In 2011 and after, a series of several other crypto currencies were introduced. Some of the popular ones include, Litecoin, Dogecoin, Ethereum, Ripple, Zcash, Dash and so on.
The traits of both the currencies
The potential of the crypto type currencies and fiat currencies, accessing their traits is important. You will find that in some of the criteria, Bitcoin and other crypto currency is superior than the fiat or government currency, and in some cases, the latter surpasses. It is absolutely your call to choose the type of currency (crypto type currency or fiat type currency) based on your personal needs and requirements.
Let us compare their traits with respect to certain factors.
• Both the crypto coins and fiat type currencies are interchangeable in nature.
• As per the portability is concerned both the currencies secure more or less the same position.
• With respect to the non consumable criteria, crypto currency and fiat type currency have the equal status.
• Crypto type currencies have high durability as compared to the fiat-currencies that have moderate level of durability.
• Both the crypto or virtual currencies and the fiat or government currencies ensure secure and safeguarded transactions and exchange.
• Crypto or digital currencies are highly divisible in nature. On the other hand, the fiat type currencies are moderately divisible.
• In terms of the transaction process, the crypto currencies are easy and hassle free. Whereas, on the other hand, the traction process associated with the fiat currencies are easy, but not like the cryptos.
• The crypto based currencies are decentralized and global in nature, unlike the fiat currencies that are centralized and functions under the laws and regulations of the government.
• The crypto based currencies have high scarcity, where as, the fiat currencies are unlimited as the government can issue coins and paper money whenever there is a need.
• The crypto based currencies are based on mathematical algorithms, and are programmable. The fiat currencies are not at all programmable.
• The fiat currencies are sovereign in nature, while the crypto currencies are not.
The process of the functioning of the currencies
You can find the significant differences between the crypto or digital currencies and the fiat currencies with the way they both operate and the transaction process that take place. They are contrasting in nature. The transfer of money using the Bitcoin is very quick, and you absolutely don’t need any third party association.
On the other hand, if you are involved with the money exchange using Fiat type currency, a mobile wallet is in use. You can exchange an amount of e-money that gets transferred into the equal e-value amount. Both the fiat and the crypto currencies enable you to purchase everything that you desire. But the processes involved are absolutely distinct from each other.
Depending on the things you purchase, you will find that one currency form is better than the other. This is absolutely your choice.
Is Bitcoin, a crypto currency better than the fiat-currency?
The long term benefits and the capability of the Bitcoins is still not established. But it has been predicted by the crypto currency gurus and experts, that they will go a long way, especially revolutionizing the way the online transactions are done. In the current market, the Bitcoin is mainly included in the online casinos and the gambling, but it is not limited to it.
Furthermore, when you compare the fiat currencies, the Bitcoin allows you to seize the power and authority from the banks and the government since it is not controlled. The cryptography based currency has the capability to create or come up with the free market capitals. Fiat currencies are affected by the inflation and the changes in the market, unlike the crypto based currencies. Such aspects make individuals believe that cryptograph based currencies will soon take over the mainstream currencies and bring a transformation in the way the money is used.
Why is Bitcoins considered to be a better aspect than the fiat type currencies?
• Bitcoin gives you the opportunity to re-create a free market capitalism.
• The power of controlling the money is absolutely with the individuals, and not with the banks like the fiat type currencies.
• When there is an inflation, the Bitcoin is not affected. But the Fiat type currency will be easier to lose and get affected by it.
• The Bitcoin currency is easy easier to exchange and transfer as compared to the fiat or government currencies.
• The transaction fees involved with the Bitcoin are way cheaper and easily affordable.
Crypto currencies seem to be a favorable option among the people
The fiat type currencies are the centralized and legal way of exchanging money. But, the crypto currencies have acquired immense popularity in the past few years. There will never be anyone who would act as a middle man, like the case with the banks. Moreover, the cryptos are way cheaper and less expensive that the conventional fiat currencies.
Send money anywhere directly without waiting for the bank’s approval
You can send money to anyone in the world directly, and it is super fast. The money gets cleared within a few minutes time. You don’t have to wait for the traditional clearing and verification processes of the banking systems, which might take up to several days to get a clearance. Since it is decentralized and doesn’t come under the law and regulations of the government, nobody has any power to do anything with your account.
The blockchain technology has a very big role to play
Thanks to the crypto currencies, that gives us the power and the authority to become our very own bank, and take control over our finances. It is because of the blockchain technology that offers a higher level of sophistication while dealing with the finances. In fact, there are some mainstream financial industries that have started incorporating the idea of the technology.