Drowning In Debt? 3 Ways It Could Be Affecting Your Life
If you've fallen behind on your bills, and your creditors are hounding you, it might be time to talk to a bankruptcy lawyer. Debt can harm more than just your finances. It can harm your personal and professional life, as well as your health. Here are just three ways that debt can affect your life.
Debt Can Destroy Your Future
If you're in debt, your money problems can destroy your future, especially if you're looking for a job in the financial market. Employers want to know that the person they hire will be capable of overseeing financial matters. If your credit is in disarray, you might not be able to move forward in your future endeavors.Before you embark on your career, you should take steps to get your debt problems under control.
Debt Can Damage Your Health
If you're in debt, you could be looking at more than just money problems. You could also be looking at an increased risk of health problems. Here are just three of the ways debt can harm your health.
High Blood Pressure
If you're facing serious debt problems, your blood pressure could be affected. A study conducted by Northwestern University found that young adults between the ages of 24 – 32 years, who had a high debt ratio, also had a 1.3 percent increase in their diastolic blood pressure. This is significant, especially since high blood pressure causes about 360,000 deaths each year.
Anxiety
If you're in debt, you could be experiencing an increase in anxiety. This may be caused by the number of harassing phone calls you're receiving from creditors each day, or the other daily reminders you're receiving about your inability to pay your bills. Anxiety can affect your emotional and physical well-being. Prolonged anxiety can lead to insomnia, alcohol abuse, digestive disorders, and a wide-variety of other health-related issues. If your debt problems are interfering with your life, you need to seek help.
Weakened Immune System
If your money problems are interfering with your life, they may also be harming your immune system. Increased stress over money-worries can stop your immune system from working properly, which means your body won't be able to fight off common illnesses you encounter daily. That mean, you'll be getting sick more often, while you're worrying about how to pay your bills.
Debt Can Destroy Your Personal and Professional Life
If your creditors are calling you daily looking for money, they could also be calling your friends, family members, and employer. This is particularly true if you used any of them as references. Those phone calls can destroy your personal and professional life, especially if they become harassing.
If you're in debt, you could be facing more problems than you thought. You need to talk to a bankruptcy attorney as soon as possible. They can help you get your life back on track.
