Struggling with debt can have a negative impact on mental health. Advice on reaching out for support and tackling debt issues.
Debt in January is something many people worry about as bills start to come through the door from spending for Christmas. For many it's worrying as they try and pay it off and get their finances back on an even keel. For some that task can feel unachievable. If you are struggling with debt you might find it's affecting your mental health and it's very easy to bury your head in the sand and hope the situation goes away. But if you're in that position it's time to reach out for help.
It is exactly the situation this person found themselves in. They asked: I am in a considerable amount of debt and I am being chased by the companies I owe money to, which is having an impact on my mental health. Can you offer any advice on what I can do? Advice Direct Scotland replied: Reaching out for support is a great first step in tackling issues with debt. There are a few signs that may indicate that money or debt has become problematic. This can include paying just the minimum owed for debts, or missing payments completely for our commitments, including instalments to credit cards and loan
Debt Mental Health Support Advice Financial Struggles
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
West Belfast mum shares impact of skin diagnosisA West Belfast mum speaks about the impact of a skin diagnosis and her experience with a new mole on her leg. Due to a family history of skin cancer, she decided to have it examined by her GP.
Read more »
The Impact of Big-Hitting Game Releases in 2023A look at the overwhelming number of big-hitting game releases in 2023 and their impact on the gaming industry.
Read more »
Developers' Attitudes Towards Industry ConsolidationA survey conducted among developers reveals a shift in attitudes towards industry consolidation and major acquisitions. While 17% believed in the positive impact of such acquisitions in 2023, only 5% shared the same opinion in 2024. The percentage of those who think these acquisitions will have a negative impact remained steady, while those who believe it will have no meaningful impact decreased.
Read more »
How Alicia Boynes-Cofarrier Got Back in the BlackAlicia Boynes-Cofarrier fell into debt after getting a credit card and overdraft. Find out how she managed to get back in the black.
Read more »