Financial Debt Solution:Solutions to debt pains
Sunday, 2. August 2009
Article Summary:
Article Content:
The recession means that many people are suffering increased debt problems. The impact of debt worries can go much further than just affecting the bank balance, with relationship and health issues also arising from money problems.
Statistics suggest that the recession has prompted an increase in the number of couples seeking relationship advice. Debt worries caused by the recession have resulted in more couples looking to counselling to ease financially-induced relationship stress.
2009 has seen a 59 per cent increase in enquiries received by the relationship charity Relate’s advice helpline compared with 2008.
Relate recorded that in October and November of 2008 money arguments prompted 7,694 calls, compared with 4,847 over the same period the year before.
Relate’s Denise Knowles said: “The last time I saw problems like this was in the last recession of the 1990s.
“There will be an awful lot more people out there suffering from the credit crunch.
“Money has always been a problem in relationships. But now it is affecting them not just because they have overspent or not budgeted, but because they have lost their jobs or been made redundant.”
If you are experiencing a debt problem, seeking independent advice is recommended. There are reputable debt solutions designed with you in mind that will offer real help to clear your debt and take the strain out of your relationship.
It has also been reported that the economic downturn “can increase the risk of a stroke”.
Earlier this year a leading psychologist reported that the risk of suffering real mental and physical health problems, including the likelihood of a stroke, is higher in the recession.
At the Chartered Institute of Personnel and Development conference, Dr Aric Sigman, an associate fellow of the British Psychological Society, said: “During the last two recessions, we didn’t have the abundance of dedicated news channels and websites we’re able to “enjoy” today.
“Now, many employees are experiencing a state of “learned helplessness” as the result of too much insurmountable news of changes affecting their job security.”
“Learned helplessness” is a psychological condition that results in people “learning” that they are helpless in certain situations, even if the reality is they do have the ability to influence their circumstances.
Dr Sigman went on to suggest to the conference that a feeling of confidence and self empowerment is important to people’s mental wellbeing. The combination of the recession and related media coverage is robbing people of their autonomy.
jennifer white Says:
Debt is a major issue today, specially in the United States where people have a tendency to spend more than they actually have, thinking that they will be able to repay it little by little because they have a job. But, what happens when you lose your job, when you lose your house.??This is what most people in the US have to deal with, something that not only affects their pockets, their lives, their families but as well as their health. At this point it is crucial to take care of debt today and not wait another day. Getting rid of debt is life getting your peace and freedom back. I can help, go to : http://www.bestdebtreliefcompany.org and free yourself today!!