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Debt Leads to Health Problems
Posted by: Henry B. | Jun 10,2008
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Are you worried sick about your debt problems? A new poll put together by the Associated Press and AOL shows that debt problems lead to both sleep problems as well as an increased risk for ulcers, headaches, depression, anxiety, and even something as serious as a heart attack. So if you’ve been putting off tackling your debt problems, here’s an extra incentive: do it for your health.
Just pushing debt problems out of the way – out of sight, out of mind – is not an effective solution. You won’t ever literally forget about your debt problems. What could happen is that you get insomnia and not understand why it’s happening. Other people will have insomnia for the express reason that the problem of debt is forefront on their mind. Whatever the case, dealing with financial problems is important not just for your pocketbook but for your overall outlook.
It’s also said that debt problems are one of the major factors leading to the increased divorce rate. Plainly, debt is a serious issue well beyond dollars and cents considerations. If you think these health problems aren’t necessarily debt-related, just look at the numbers. 27 percent said they had increased problems with ulcers or digestive tract issues, compared to 8 percent who did not have debt problems. With a sample of over 1000 people nationwide, this is pretty definitive.
Figures like this give new meaning to the term “debt counselor.” Normally a debt counselor will go through your finances and determine the best course of action to help conquer your debt. When put in the context of this poll, a debt counselor could also be considered a debt therapist. The better debt counselors will not just deal in dollars and cents, but help you emotionally deal with your debt trouble. $100,000 or more in debt can be severely debilitating both emotionally and physically. For some people, even moderate debt can be troublesome. Whether you go to see a debt counselor or not, the results of this poll suggest that avoiding your debt problems puts your health at risk and could seriously undermine your sense of self.
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