Emotional stress may have a financial component. Many people fear disappointing their loved ones on Christmas day. You may think the act of sharing gifts will strengthen your friendships or a romantic relationship. So, you'll most likely be disappointed when your gifts don't arouse the love or reactions you anticipated. If you lost a loved one or broke up with a long-term partner near or during a holiday, you'll get depressed as the date approaches.
Holidays can also be a lasting source of discomfort and pain.
For instance, if you got into a life-altering accident around Christmas, or your spouse died around New Year's Day, you'll be shrouded by depression whenever that holiday comes around. Cooke heads the depression clinic at the Centre for Addiction and Mental Health in Toronto.