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The Effects that Debt has On Your Emotional and Physical Well-being

When Debt Becomes A Burden

Regardless of "good" debt or "bad" debt, borrowing money and being required to repay it in the future can cause several challenges for the human mind. There are numerous underlying issues that contribute to this problem, which are both psychological and emotional. Studies have shown that individuals who struggle with debt are more likely to also suffer from depression and anxiety. This may show itself in several areas of your physical wellness, including:

  • Headaches;
  • Lack of quality sleep; and
  • Inability to focus or function. has posed four questions to ask yourself if you think you may have a debt problem:

  • Do you often feel anxious when thinking about how you will manage repayments?
  • Are you struggling to or do you routinely miss the minimum payments towards utility bills, credit cards or rent?
  • Do you avoid telephone calls from unknown numbers and ignore letters from creditors?
  • Are you unable to set aside money for a sudden and unexpected reduction in my income such as redundancy, car expenses or emergency repairs?

If you answered “yes” to any of these questions, you should consider getting help from a loved one, or a Certified Financial Planner to help get you back on track.

When debts are looming and there isn’t enough money to pay, stress and tension quickly become a factor. According to, stress affects emotional, physical, cognitive, and behavioral wellness. This stress can have an obvious impact on your quality of life, and the quality of life of those around you.

Once you start making positive steps and see the debt vanishing, the sense of accomplishment is priceless. If you personally relate to feeling these symptoms, talking to a financial professional who specializes in debt reduction is a great first step in the right direction. For further information about how debt stress affects your overall health access the full article here:

Other useful links to learn more about financial stress and how to improve it: