How Debt May Affect Your Health
Debt can be an extremely stressful thing to experience.
If you’ve ever been in debt, then you’ll know how hopeless and frustrating it can feel, especially if you’ve let it spiral out of control.
Watching interest rates grow and your entire salary being funnelled into bills can be hard to cope with, especially if it leaves you with little money for your lifestyle.
In fact, studies have shown that household financial debt has a negative impact on both mental and physical health.
The effects are serious, damaging and could have long-term negative impacts if they aren’t dealt with effectively.
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In general, studies have shown that being in debt can affect your health in a number of different ways including:
- Increased blood pressure.
- Chronic aches and pains.
- Compromised immune system.
- Depression and anxiety.
- Social problems such as relationship difficulties.
While not a comprehensive list of the negative health effects of debt, it does give a good example of how your financial health can directly correlate with your physical and mental health.
Debt can affect our mental health
Studies from the Royal College of Psychiatrists show that being in debt can make you feel a range of negative emotions.
This includes a feeling of hopelessness, embarrassment, guilt, depression and even anxiety.
However, overcoming these challenges can often lead to a sense of liberation, freedom and happiness.
Unfortunately, getting out of debt can be challenging for many people, especially if the interest rates continue to grow.
Luckily, there are some effective solutions to achieve debt forgiveness.
This includes a debt settlement plan, consumer proposals or even filing for bankruptcy.
If you’d like to learn more about these solutions, don’t hesitate to contact us today for more information.
Debt can raise your blood pressure
Debt has also been shown to have a negative effect on our physical health.
While the percentage might seem small, this is clinically significant.
A two-point increase in diastolic blood pressure could result in a 17% higher risk of hypertension and a 15% increased risk of stroke.
These effects were also observed in younger people.
Increased blood pressure is a serious health risk and must be taken seriously.
It can be an incredibly dangerous health hazard that has the potential to be fatal.
If you feel like you’re unable to solve your debt problems, it’s highly recommended that you contact a specialist to help you with your financial issues before the situation worsens and puts your physical health at risk.
If you’d like to learn more about solving your debt problems, don’t hesitate to contact us today to learn more about debt settlement and management options that can give you a brand-new start to your financial life.