Carrying A High Level Of Debt Affects Your Mental Health: Is There A Way Out?
Published by Outlook Business
Abhishek Kumar's role: Quoted
Abhishek Kumar of SahajMoney said people react to heavy debt in different ways, that weak personal-finance awareness adds to debt stress, and that saving first and spending what is left helps avoid falling behind on repayments.
More of Abhishek's views on debt and loans
Outlook Business examines how heavy debt can affect mental health and relationships, from stress and anxiety to pressure from collection agencies. It looks at how borrowing changes across life stages, the role of easy credit, EMI schemes and spending driven by social media, and gaps in financial awareness, and ends with pointers on spending habits, discipline and seeking advice. The article includes comments from Abhishek Kumar.
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Carrying A High Level Of Debt Affects Your Mental Health: Is There A Way Out?
