Money is loaded with every kind of germ and bacteria out there — we knew that. But there are other, more hidden ways money can be affecting your overall health.
You carry a credit card balance: Having relationship troubles? Your unpaid credit card balances could be to blame. A recent study found that 37 percent of respondents cited debt, including credit card balances, for problems in their relationships. Solution: Be honest with loved ones about your debt, and work together to create a plan to pay off credit card bills and other unpaid balances.
You own a home you can’t afford: The number of foreclosures across the country isn’t just bad for the economy; it’s taking its toll on the nation’s mental health, too. Researchers at the University of Pennsylvania School of Medicine interviewed 250 homeowners who were going through foreclosure proceedings, and found that 37 percent had symptoms associated with major depression. Solution: Don’t buy a house that will require you to spend more than 30 percent of your salary.
You buy groceries with a credit card: You’re more likely to give in to the impulse to fill your shopping cart with cookies, cakes and other unhealthy foods if you pay with plastic. In fact, a study published in the Journal of Consumer Research found that consumers who paid for food with credit cards were more likely to choose unhealthy foods and consume more than those who paid with cash. Solution: At the grocery store, carry cash — and a shopping list. And of course, never shop when hungry.