Debt can be a terrible burden to bear, that is an undeniable fact. It not only takes a toll on your finances, but can even have an impact on your mental health. If a person is grappling with debt they feel they cannot control, particularly if this person is dealing with these issues alone, they can find themselves experiencing feelings of shame and embarrassment, increased levels of stress and even anxiety and depression. All these factors can very negatively impact your day to day life and leave you feeling spiritually drained and numb.
It is true that many people like to create the impression that they are in complete control of their life, and our society today values earning and amassing money so highly that you fear being perceived as a failure. This can lead people to feel ashamed or embarrassed to admit that they are in debt to anyone, even those who are in a position to help. These feelings can actually worsen your situation, especially as shame about your debt often only ends up increasing it.
It is natural to feel stress if you find yourself in debt, as long as you are able to work through that stress and take control over your debt. If your stress levels continue to rise, you will find it prohibits you from being able to go about your daily routine, and this becomes a serious issue, as high levels of stress can take a spiritual toll leaving you feeling overwhelmed and angry. Stress can also impact your physical health, giving you headaches and muscle pain.
A common response when faced with mounting debt is to enter into a state of denial. This response may be common, but it can also be very damaging; denying and refusing to face a very real issue that won’t simply disappear can create an ever-growing spiral of avoidance. As you avoid more and more issues that make you uncomfortable, the circle of situations you feel comfortable in will shrink, which can lead to feelings of isolation, further showing the importance of open communication and honesty.
- Anxiety and Depression
Potentially the most severe impact debt can have on you is to make you feel increasingly anxious and depressed. Many studies have shown that high levels of debt are linked with high levels of depression, and constant worry about money can be a trigger for anxiety attacks. The isolating impact debt can have on your life can exacerbate mental health issues such as depression, and it is crucial to remember that no matter how bad the situation seems, you are not alone and you should never feel shame about asking for help.
The old adage “a problem shared is a problem halved” is a cliché because it holds true. If you are having issues with debt, or feel like you are losing control of your financial situation, visit Trinity Financial Mission today, where you will find acceptance, understanding and advice you can rely on.