www.wilsonfinancial.com.au
  • About Us
    • Why Use Us?
    • In The Community >
      • FOWAS Sponsor Pets
    • Our Team
    • Testimonials
    • Enquiries
    • Privacy Statement
  • Home Loans
    • Investment Loans
    • Aussie Expats and Foreign Investors
    • Deposit Bonds
    • Medical Professionals
  • Cars & Equipment
    • Car, Truck and Equipment Finance Calculator
    • Get A Quote
    • Car Buying Service
    • Car Loan Application Online
    • Solar Finance
    • Car Buyers Guide
  • Financial Planning
  • General Insurance
  • Southern Highlands Biggest Bake Off
  • Blog
  • More
    • Calculators >
      • Stamp Duty Calculator
      • Income Tax Calculator
      • Borrowing Power Calculator
      • Budget Planner
      • Extra Repayment Calculator
      • Home Loan Offset Calculator
      • Property Selling Cost Calculator
      • Property Buying Costs Calculator
    • Covid-19 >
      • Hardship Contact Lines - Mortgages
      • Hardship Contact Lines - Equipment
    • Contacts
    • Vacancies
    • MyConnect
    • Resources
    • Newsletter Sign Up
    • Testimonials
    • Privacy Policy
    • Glossary

Debt and depression -

26/4/2013

0 Comments

 
Picture
The Financial Security Project at Boston University has published research showing that, for every 10% increase in the dollar amount of a person's debt, his or her depressive symptoms increase by 14% - but home loans may be an exception.
More severe psychological effects were shown to come from short-term debt, such as credit card or overdue bills.  Long-term debt or "good debt"- such as home loans - was not found to have a similar effect.

Be sure to lighten the financial and psychological load!  Re-structure your finances so this is NOT overwhelming!

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

     

    Author

    Liz Wilson has been working in finance for nineteen years now. She regularly blogs on industry topics and here you will find over a hundred personally written blog topics and case studies...

    Picture

    Archives

    November 2021
    July 2021
    June 2021
    September 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    June 2019
    February 2018
    July 2017
    April 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    August 2014
    June 2014
    May 2014
    April 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    February 2013
    January 2013
    November 2012

    Categories

    All
    Extra Wierd
    Fun
    General
    Home Loan Features
    Industry News
    Kiva
    Lending
    Mortgage Broking
    Statistics
    Useful
    Wierd

    RSS Feed

Powered by Create your own unique website with customizable templates.