There may be no doubt that you are in debt. What may be uncertain is how much your debt impacts your mental health as you attempt to enjoy life in Michigan.
The Simple Dollar explored the mental and emotional impact of debt. While managing your credit card or mortgage troubles, ask yourself if you may need to work on improving your psychological health along with your financial health.
Do you find yourself placing blame on others for your debt? Maybe you feel angry at your employer for not paying you more, or it could be that you feel your spouse bears most of the responsibility for your financial situation. Either way, your debt could leave you playing the blame game. Know that you are better off resolving your debt rather than finding someone to pin it on.
Anxiety and depression
Your credit card debt could leave you feeling hyper-vigilant and keyed up when it comes to all manner of money matters. Money woes can also trigger depression. If you feel that you struggle with depression and anxiety, consider talking with a therapist about what you can do to improve your mental health.
You may go out of your way to avoid your debt, which can include not opening mail from credit card companies or refusing to answer phone calls that may be from a credit card company. Ignoring the problem does not make it go away, and you cannot manage what you do not own. Keep yourself from falling even deeper into debt by facing it.
This information is only intended to educate and should not be interpreted as legal advice.