Debt Is Bad For Your Health

debt bad for your health

No Question Debt Is Bad For Your Health…

If you have student loan debt, credit card, debt or other debt that is limiting you financially you already know it is something you don’t like. If you haven’t been motivated before to make a plan and pull out all stops to pay down your debt this may just get you into high gear.

In addition to being on your mind, limiting your choices and feeling like it will never go away, your debt is bad for your health. Take a look at the excerpt below and see just three of the ways that debt could be robbing you of your good health.Debt

It may lower your immunity

Though there haven’t been any large-scale studies done specifically on debt and immunity, Sweet says it isn’t hard to draw an association between the two. “We know that chronic stress can suppress the immune system and we know that debt is a huge source of chronic stress.” Money worries may keep you awake at night, she adds, which can also impair your body’s ability to fight off infection.

It can be a pain in the neck—literally

Got chronic aches and pains? If an Associated Press/AOL Health poll is any indication, your credit card statements may have something to do with your physical symptoms. The 2008 survey found that 44% of people with high levels of “debt stress” had frequent migraines or other headaches, compared with just 15% of those with lower levels. They were also more likely to have muscle tension, back pain, ulcers or digestive tract problems, and suffer heart attacks.

It could ruin your relationship

Debt doesn’t have to drive a couple apart, but if it’s something you and your significant other argue about frequently, it’s not a good sign. In a 2012 study published in Family Relations, newlywed couples who disagreed about financial issues at least once a week were more likely to divorce within five years than were those who argued about other issues, such as chores, in-laws, time spent together, and sex.
– via Health News

No Matter How Healthy You Are Debt Can Damage Your Health

Debt and the stress associated with it even affects the young and healthy. With so many 20 and 30 somethings carrying student loan debt this generation is feeling the health cost of debt like no other before them.

Take a look at some of the major health problems that debt can cause no matter how young or old you are. Then make a decision to take hold your finances, get creative and pay down your debt to improve your financial future and save your health!

A 2013 study conducted by Northwestern University’s Feinberg School of Medicine found that 24- 32-year olds reported greater incidents of high blood pressure and depression as a result of high financial debt. Researchers asked 8,400 participants about their debt-to-asset ratio as well as how much debt they owed, not including a home mortgage. The results revealed that those with high compared to low debt reported an 11.7% increase in perceived stress, a 13.2% increase in depressive symptoms like increased irritability and lack of focus, and a 1.3% increase in blood pressure.

“These are people who are supposed to be living the healthiest years of their lives,” says Thomas McDade, Ph.D., co-author of the study and professor of anthropology at Northwestern. “This study showed that debt has a serious influence on our stress, which then affects our physical and mental health.”

High blood pressure can lead to diseases like hypertension and increased risk of heart disease, obesity and stroke, even in young adulthood. Depression can reduce one’s quality of life and prevent people from taking action against the development of its physical impacts, according to McDade.

The University of California, Los Angeles just released a study that linked depression and high blood pressure to memory problems such as reduced attention span and cognitive reserve in young adults. These are both precursors to Alzheimer’s disease. While most young adults aren’t worrying about strokes and dementia just yet, infertility, hair loss and obesity are additional comorbidities of stress and depression.
– via Forbes

Have you noticed the stress from debt damaging your health? Can you decide today to take a step toward getting rid of your debt?

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