Monthly Archives: January 2013

Out of control debts contribute to depression

You have probably suspected it all along but now there is evidence from professionals that unmanageable debts can contribute to our sense of well-being and even depression. The Financial Security Project at the Boston University has published research results confirming that, for every 10% increase in the dollar amount of an individual’s debt position, his or her depressive symptoms increase...
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Money saving tips for the new year

If you are finding it hard to cope with your current level of debt there may be a few tips and tricks that you could employ in the new year in order to improve your financial welfare. Change spending habits This can be something as small as choosing to pay cash instead of credit. Paying cash is emotionally a different...
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