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How Debt is Crushing Your Wallet and Your Psychological Well Being



May is Mental Health Awareness Month, and with 80% of Americans in debt amid inflation and rising interest rates one of the biggest factors impacting our mental health that not enough people are talking about is financial strife. So, your audience might be wondering: How can struggling with debt affect psychological wellbeing & relationships? And what is the importance of having a plan for getting out of debt?

A recent survey by National Debt Relief sought to uncover “The Hidden Cost of Debt” to understand the spiraling impact of debt on mental and physical health. And while it is very important to deal with the monetary side of debt, it’s also critical to understand how our finances can have a toll on mental health and relationships with friends, relatives, and spouses. Dr. Regine Muradian Psy.D, licensed clinical psychologist, will be sharing tips and insights on the best ways to cope with and overcome the hidden costs and burden of debt.


How Debt is Crushing Your Wallet and Your Psychological Well Being

 
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