4. Less sleep
Turning around and turning overnight is often a symptom of high debt, as you try to find ways to find the next credit card or mortgage payment. And with that comes “sleep debt,” which is the cumulative effect of not getting enough rest.
American scientist Note that even if you feel rested in the morning, you may still be sleep deprived if you have lost sleep for consecutive days. The Scientific American article notes that short-term sleep debt can lead to « foggy brains, impaired vision, impaired driving, and memory loss. » Long-term sleep debt can lead to more serious problems like heart disease, according to the article.
5. Poor quality of health care
A study published by the United States National Library of Medicine on the effects of debt on health notes that a third of households have avoided medical care to save money, while individuals may end up with a deep medical debt, which also affects their health care decisions.
The study also mentions that being in debt (or feeling in debt) can limit health care options and access to medical care. Despite the health care reforms in the United States (i.e. the Affordable Care Act), a person may be hesitant to purchase health insurance if they are already in the red.