Have being in debt caused you depression?

Dori

Dori

Member
Finding yourself in a very serious debt can affect you physically, mentally, emotionally and psychologically. This is why it's very easy for someone with so much debt he or she doesn't have a way of paying off might fall into depression.

Have being in big debt caused you depression?
 
I would be lying if I said that debt had never caused me depression. I have been in debt before and it's not something I would ever want to get back into. I became pretty down and depressed during it and felt like I was drowning.
 
I have been depressed when I was owing some debts. Not only the debts, I was a student also and because there's no money to pay up both school fees and other things, I became so depressed. It's a phase we will always be grateful.
 
As someone who has once fallen into serious debt, I'd say that it is very possible for someone to fall into depression because of debts. I almost did. It took serious mental discipline for me to overcome it.
 
I have always been the frugal type, I don’t like having debts at all. So I don’t think I will ever be depressed as a result of my debts. Maybe a different reason, but not bills unpaid or money owed.
 
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