Bankruptcy & Your Health
Doug and our team of bankruptcy experts have first-hand experience of what it’s like to walk around with the constant burden of overwhelming debt.
And while we’re debt experts, not health professionals, nothing motivates us more than seeing our clients’ lives transform from being highly stressed and filled with toxic emotions to being calm and secure again.
By understanding the impacts of prolonged financial distress on your health, you’re better poised to spot them and act. Here’s what you should be looking out for:
Insomnia (difficulty sleeping) and hypersomnia (oversleeping) are both common amongst people experiencing financial distress. According to studies into sleep patterns and stress, over two-thirds of financially distressed people also suffer from a sleeping disorder. As regular sleep patterns erode, so too does the resilience to tolerate higher stress levels, which can often lead to poor mental health. If you’re experiencing sleep problems, contact your doctor and start a dialogue about how you can get your eight hours back.
Poor Physical Health
Keeping healthy routines while trying to cope with mounting financial problems can seem impossible, resulting in weight gain. Unhealthy coping methods, such as drinking too much or abusing substances such as prescription or illegal drugs are all physically harmful ways people experiencing financial stress try to deal with the continual strain and pressure. Reaching out is not a sign of weakness and it doesn’t mean you’ve somehow failed. It’s a sign you’re more likely to survive.
Poor Mental Health
As a group, people experiencing financial distress are at a significantly higher risk of poor mental health. Yet, often those experiencing financial distress are so focused on solving their financial problems, they overlook or ignore the signs of strain on their mental wellbeing: feelings of anger, mood swings, and social withdrawal. If you’re financially distressed and experiencing changes to your mental health, call Beyond Blue and start a dialogue about your mental health. It’s the best way to start self-caring and improving the lives of those closest to you.
The Vicious Cycle Of Poor Financial Health & Poor Mental Health
- Financial Problems Put A Strain On Your Mental Health.
The stress of overwhelming debt leaves you feeling anxious, depressed or even suicidal.
- Decline In Your Mental Health Makes Solving Problems Harder.
It becomes harder concentrate or find the energy to deal with your mounting financial problem.
- This Leads To More Financial Problems and Worsening Mental Health.
You feel trapped in a downward spiral with increasing money problems and declining mental health.
Start a conversation with DCG today about ending the vicious cycle and getting your life back.