Archive for the ‘DEBT STRESS’ Category

IS YOUR DEBT CAUSING YOU HEALTH PROBLEMS?

Wednesday, June 25th, 2008

IS YOUR DEBT CAUSING YOU HEALTH PROBLEMS?

 

            On June 9, 2008, the Associated Press released a news article about today’s tough economic times and how the stress from debt may be causing many Americans health problems at a rate much higher than people without debt stress. This was according to an Associated Press-AOL health poll. The article goes on to claim that perhaps 10 million to 16 million are “suffering terribly due to their debts, and their health is likely to be negatively impacted,” says Paul J Lavrakas, a research psychologist and AP consultant who analyzed the results of the survey. According to the AP-AOL survey, debt stress is up 14% higher in 2008 than 2004.

            According to their poll, people with high debt stress versus people without high debt stress suffered much more from ailments:

 

¯     27% had ulcers or digestive tract problems compared to 8% with low debt stress.

 

¯     44% suffered from headaches and/or migraines compared with 15%

 

¯     29% suffered severe anxiety, compared with 4%

 

¯     23% had severe depression compared to 4% with low debt stress

 

¯     6% reported heart attacks which is DOUBLE the rate of those with low debt stress

 

¯     More than 51% suffered from muscle tension including lower back pain compared to 31% of low debt stress.

 

            In addition, people who reported high debt stress were much more likely to have trouble concentrating, sleeping and were more prone to getting upset with little, if any reason to.

 

Being in debt is a problem nobody wants to have to deal with, but most people will tell you that your health is your main concern. Don’t let debt stress create or worsen your health problems. Take back control of your life and do something about your debt today.