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Seriously, 7 Health Problems Can Appear Because Of Debt

The survey found that 44% of people with high levels of debt stress had frequent migraines or other headaches, compared to only 15% of those with lower levels. They are also more likely to have muscle strain, back pain, ulcers or digestive tract problems, and suffer a heart attack.

7. Ruin the relationship

Debt doesn’t always lead to a breakup, but if it’s a topic that couples argue about then it certainly doesn’t bode well.

In a study published in Family RelationsCouples who argue about finances at least once a week are more likely to divorce within five years than those who argue about other issues, such as homework, in-laws, time spent together, and sex.

Meanwhile, both unsuccessful and unhappy marriages have been linked to health problems including depression, high blood pressure and cholesterol, elevated blood sugar, and obesity. They also seem to hit women more often than men.

“Debt can have a devastating effect on all types of relationships,” says Morin. “Spouses may argue about how to spend money or how much to save. Individuals who are in debt may feel resentful of others who appear to be wealthier, which can affect the way they interact. Many people keep their debts private, so it can cause them to feel isolated from friends and family. family.”

Resolving health problems related to debt

Research conducted by Happy Money, a platform created to reframe our relationship with money and help create happiness, reveals that since the beginning of the COVID-19 pandemic increased stress has been an income disruption. Research shows that those who lost their jobs experienced a 20% increase in general stress levels and a 49% increase in financial stress compared to those whose jobs were not affected.

“Importantly, your mental health and happiness depend less on how much money you make and more on whether you can afford all your expenses,” Elizabeth Dunn, PhD, Happy Money’s chief science officer.

Happy Money’s research also shows that one of the best ways to help deal with the anxiety, stress, and other health effects associated with debt is to start talking more openly about money challenges.

“It’s important for all of us to start sharing the ups and downs of finance. We encourage people to talk and think about what a rich life means to them. Rich is not about what’s in your bank account, but what makes you happy and fulfilled in some way. meaningful and sustainable,” Dunn said.

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