Debt & Your Mental Health
According to a recent study
, 97% of respondents believed that they would be much happier if they didn't have debt. Debt has a significant impact on your mental health, and poor mental health can mean irresponsible spending to feel better.
48% of people that held debt said that they paid too much toward their debt every month.
Almost 33% of people thought that there were more things in their life that they couldn't control versus control.