FTC: This post is not sponsored. All thoughts and weird opinions are my own. 

It seems that we speak on the effects and burdens that debt can cause on our financial life. However a discussion that is still very “taboo” is the effects of debt on mental health. 

Currently in the US the average American has $16,000 of credit card debt to tackle, while college graduates often have upwards of $40,000+ on their plate. What that means for a mass majority of us, is constantly balancing the ins and outs of our finances in order to have some semblance of a normal life, and stay above water. 


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With one side hustle after another, it can become almost too much to bear. As a person with a full time job, a full time blogging side hustle, and a plethora of other side hustles I’m grappling with… I get it. But I also do know that without them I would have never been able to pay off my student loans and purchase my first home. 

What suffered the most wasn’t my social life, and it wasn’t my time management. It was the effects of debt on mental health that I struggled with and still currently struggle with. The scariest and darkest moments, were the times when my shame and embarrassment made me feel alone. Top that off with the silence that came about when discussing money or student loans in general and it was almost unbearable. 

In the video below, I share the other negative ramifications and effects of debt on mental health that are ignored or pushed to the side, to open up the lines of conversation. 

effects of debt on mental health

The Effects Of Debt On Mental Health

What are the methods you have used successfully to cope with the effects of debt on mental health? Share with us below to serve as a source of support and a resource for others in need. 

Until the next time,