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The Hidden Costs of Debt: How it Affects Your Physical Health

The Hidden Costs of Debt: How it Affects Your Physical Health

Introduction Debt is a growing concern for many Canadians, with studies showing that high levels of debt can lead to mental health issues like anxiety and depression. However, the impact of debt on physical health is often overlooked. In this post, we’ll explore recent Canadian studies that have examined the connection between debt and physical health, and offer practical solutions to help those who are struggling.

The Link Between Debt and Physical Health

A study conducted by the Canadian Psychological Association in 2018 found that high levels of debt were associated with a range of physical health issues, including headaches, stomach problems, and muscle tension. The study also found that individuals with high levels of debt were more likely to report chronic pain and overall poor physical health.

Another Canadian study published in the Journal of Psychosomatic Research in 2019 found that high levels of debt were associated with a higher risk of cardiovascular disease, including heart attacks and strokes. The study found that the stress of debt can lead to changes in the body’s stress response system, which can contribute to the development of cardiovascular disease.

The Impact of Debt on Sleep

Debt can also have a significant impact on sleep, which can further exacerbate physical health issues. A Canadian study published in the Journal of Sleep Research in 2017 found that individuals with high levels of debt were more likely to report poor sleep quality, and to experience sleep disturbances like insomnia.

Poor sleep quality has been linked to a range of physical health issues, including obesity, diabetes, and heart disease. This suggests that the impact of debt on sleep can have significant long-term consequences for physical health.

Strategies for Managing Debt-Related Physical Health Issues

Managing debt-related physical health issues requires a multi-faceted approach. Seeking professional support from a healthcare provider is crucial in addressing chronic pain, sleep disturbances, and other physical health concerns.

Creating a budget and setting financial goals can also be helpful in managing debt-related stress, which can in turn alleviate some of the physical health issues associated with debt. Practicing self-care, like exercise and meditation, can also help to alleviate physical symptoms and improve overall well-being.

The Importance of Seeking Help

It’s essential to recognize the importance of seeking help for debt-related physical health issues. Addressing these issues together can be a key part of finding long-term solutions and improving overall quality of life. If you or someone you know is struggling with physical health issues related to debt, don’t hesitate to reach out for support and resources.

Suicide Prevention Hotline – 1.833.456.4566.

Calgary Counselling Centre – Open to all Albertans

 Canadian Mental Health Association

Conclusion

Debt can have a significant impact on physical health, leading to issues like chronic pain, sleep disturbances, and an increased risk of cardiovascular disease. By understanding the link between debt and physical health, individuals can take practical steps to address these issues and improve their overall well-being. With resources and support available, there’s no need to struggle alone.

Read more about mental health and debt on our site:

  • The Link Between Mental Health and Debt in Canada: Understanding the Connection and Finding Solutions
  • The Invisible Cost of Debt: How it Affects Your Emotional Health
  • How Seeking Help for Debt-Related Stress Can Boost Your Cognitive Function
  • Debt and Mental Health: Why Men Need to Pay Attention
  • The Cost of Debt: How Children Pay the Price
  • Women and Debt: The Mental Health Toll
  • From Addiction to Recovery: How Debt Can Hold You Back and CreditLift Can Help

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