B elieve it or not, your wallet can have a significant impact on your well-being. The stress alone can cause havoc on your physical, mental, and emotional health, leading to a variety of issues including anxiety disorders, headaches, panic attacks, ulcers, and more. Below we look at some of the most common issues resulting from economic pressures.

Debt-Problems

Potential for Physical and Mental Ailments

Besides migraines, stress headaches, ulcers, and panic disorders, people who struggle with financial issues are more likely to suffer from depression, digestive-tract problems, weight loss, muscle tension, and sleeping disorders like insomnia. In many cases, these individuals also develop heart disease, hypertension, high blood pressure, diabetes, and obesity issues. These ailments not only affect a person’s work and personal life, but in severe circumstances, they can lead to death.

Potential for Addictions to Develop

Unfortunately, many people find unhealthy ways to deal with their money problems. Often it’s through food, alcohol, caffeine, cigarettes, gambling, or illegal substances that they find the comfort they seek. The problem is these stimulants and stress relievers only make them forget their worries for a little while; they don’t deal with the root of why the addiction started in the first place.

Thankfully, some sound financial advice and debt management can help you avoid the negative influence money troubles have on your body and mind. Contact a qualified financial advisor to ensure you obtain a budget and payment plan customised for your specific situation.

Do you have a financial planner helping you manage your money? Perhaps you have a question about finding the right professional. Share your experience or question below.

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