<body><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener('load', function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <div id="navbar-iframe-container"></div> <script type="text/javascript" src="https://apis.google.com/js/plusone.js"></script> <script type="text/javascript"> gapi.load("gapi.iframes:gapi.iframes.style.bubble", function() { if (gapi.iframes && gapi.iframes.getContext) { gapi.iframes.getContext().openChild({ url: 'https://www.blogger.com/navbar.g?targetBlogID\x3d6968552\x26blogName\x3dJim+Stroud\x27s+%22Jobseeker\x27s+Revenge%22\x26publishMode\x3dPUBLISH_MODE_BLOGSPOT\x26navbarType\x3dSILVER\x26layoutType\x3dCLASSIC\x26searchRoot\x3dhttp://jobseekersrevenge.blogspot.com/search\x26blogLocale\x3den_US\x26v\x3d2\x26homepageUrl\x3dhttp://jobseekersrevenge.blogspot.com/\x26vt\x3d7746335684113298027', where: document.getElementById("navbar-iframe-container"), id: "navbar-iframe" }); } }); </script>

Tuesday, October 04, 2005

The Human Side: Debt Stress

By: Angie Noack

In all the technical discussion you hear about credit card debt, the best ways to manage it and pay it off and all the rest, one thing goes largely ignored. Credit card debt is extremely stressful, and can have a very negative effect on your life, if you let it. It’s as bad as an addiction, always hanging over you, bringing you down, making it hard to life your life the way you want to. In this article, we’ll take a look at how you can recognise debt stress, and what you can do about it.

The Symptoms of Debt Stress.

There are an awful lot of symptoms that can be caused by stress. Some of the most common ones are: headaches, not being able to sleep, feeling depressed and irritable, and being forgetful and unable to concentrate on what you’re doing. If you’re not sure whether your symptoms are related to stress or something else, you should go and see a doctor.

Who Gets It?

Almost everyone who has debts is stressed about them. Debt is blamed for millions of days off work every year, and is one of the leading causes of suicide – it seems like most times you read about someone who has committed suicide, their name is followed by “who owed [a very large amount] in debts”. Students and graduates are especially vulnerable, as debt is growing amongst them faster than in any other group.

The average adult owes many thousands in debts – and since that’s the average, it means that many people must owe much more. Never forget that you’re not alone, and there’s always someone worse off than you.

How to Deal With It.

Stress caused by debts is often considered to be embarrassing, or shameful. People with lots of debts don’t want to talk about it, even with their family, for fear of upsetting people or looking like a failure. It is very important, though, that you do talk about your problems, as keeping it all inside yourself will make you much, much more stressed. It is especially important that you talk to your partner – they are the number one person who can support you.

The best thing to do then is to find two people: one who can advise you, and one who can be a counsellor. That means a professional who knows what they’re doing in financial matters, as well as a psychologist or psychiatrist, or some other kind of counsellor. Don’t let stigmas put you off – this is about your health.

The next thing to do is to have a good think about how you got that debt to begin with. See if you can find old credit card statements. What did you spend the money on? You need to sit down, work out a budget, cut unnecessary expenses and try to free up as much money as you can to pay back debts. Even if it’ll be a long time before you get everything paid off, knowing that your debt is gradually going downwards can be an excellent cure for debt stress.

About the author: Angie Noack is a finance and debt consultant. Her blog can be found online at http://www.creditcardinfoonline.com.

Comments: Post a Comment

Home
Preparing the frustrated jobseeker for the market's inevitable return.

Best Blog Awards - Vote for Digability!
Click to vote for Digability!

Job seekers (and Recruiters), show your support for "The Job Seeker Manifesto"

Frustrated with your job search? Do something different! Read: The Job Search Strategist

SUBSCRIBE BY EMAIL

Enter your email to subscribe

SUBSCRIBE BY NEWSFEED
Subscribe in NewsGator Online Subscribe in Rojo
Add 'Jobseeker's Revenge' to Newsburst from CNET News.com Subscribe in Bloglines
Subscribe to Jobseeker's Revenge



BIG BLOG NETWORK

JOBSEEKERS: Jobseekers Revenge - The Jobseeker Manifesto - RECRUITERS: Digability - BizDev 101 - I blog therefore I am - BUSINESS: The Lone Ranger Manifesto

ONLINE RESOURCES

CAREERSITES
.
PageBites
.
Career Fairs
.
College Grads
.
General Jobsites
.
IT Jobs
.
Company Research
.
Search Portals
.
USA Jobs
.
Worldwide Jobs
.
Jobseeker Services
.
Indeed
.
Direct Employers
.
Direct Employers
.
Roevin Engineering & Technical Recruitment
.
Australian career advice

NETWORKING

.
Ryze
.
Godel

PODCASTS

Telework Recruiting
.
Pharm Rep Select
.
Cablenewser
.
Resource Maximizer
.
Direct Employers
.
The Professional Edge
.
Unfair Advantage, Inc.
.
Stoker Resources Group
.
Offshore Outsourcing World
.
The Career Engineers
.
VideoPop
.
World Of Work
.
Marilyn Kay Snyder
.
Gately Consulting
.
John Hadley Associates
.
Chele's Treasures
.
Palisades Media Group, Inc
.
Gate 3 Work Club
.
Littell Consulting Services
.
The Litton Group
.
Birchtree
.
Career Journal
.
Vocation Vacations
.
Ricky Steele
.
Debbie Rodkin
.
Justin Racz

BLOGS

.
Digability
.
Zero To Network
.
Senior Success
.
Davenetics
.
Find A Job Today
.
Steve Eisenberg
.
Recruiting.com
.
Jobstuff
.
Jim Stroud 2.0
.
Technical Careers @ Microsoft
.
Careerbuilder.com WorkLife Blog

SUGGESTED READING

WHAT DO YOU WANT TO BE WHEN YOU GROW UP?

.
I Don't Know What I Want, but I Know It's Not This: A Step-By-Step Guide to Finding Gratifying Work

.
Do What You Are

.
The Ultimate Anti-Career Guide

.

How to Find Your Life's Purpose and Ideal Career in 2 easy steps...

RESUMES

.
Resumes For Dummies

.
How to Write Outstanding Resumes & Cover Letters for Every Situation

.
Resume Guide for $100,000 Plus Executive Jobs

INTERVIEWING

.
Best Answers to the 201 Most Frequently Asked Interview Questions

.
Knock 'Em Dead 2004

.
Programming Interviews Exposed

.
How to Interview Like a Top MBA

NETWORKING

.
The Heart Of Networking (Highly recommended!)


Networking For Dummies

.
The Networking Survival Guide

.
Nonstop Networking: How to Improve Your Life, Luck, and Career

COMIC RELIEF

.
50 Jobs Worse Than Yours

.
An All-Out Blitz Against Soul-Sucking Jobs

.
Quit Your Job & Move to Key West

.
It's Not Funny If I Have to Explain It : A Dilbert Treasury

SURVEYS

.

Get paid to take online surveys!

.

Get paid to shop and eat PLUS get free stuff!

.

Survey Scout.

.

Express Paid Surveys

.

Get Cash For Surveys  - Discover how to earn up to $250/hour online taking surveys!.....

BILINGUAL

Bilingual? Make Money!Step-by-step e-guide for starting your own translation business....

..

ENTREPRENEURS

How To Write Your Own eBook In 7 Days  -Write and publish your own OUTRAGEOUSLY Profitable eBook in as little 7 days - even if you can't write or type!

.

Starting A Bed And Breakfast - Complete business package to help you start and operate your own successful Bed and Breakfast business!

.

Ready-Made Business Plans - Over 1000 sample business plans at only $49.95 each!

.

All new for 2005 - 120% BIGGER - The BEST eBay success strategies all in one place: The Silent Sales Machine

.

Get Paid 2 Drive Your Car W/ An Ad On It ....

SURVIVAL

Click here for a fantastic system to save thousands of dollars on groceries every month! .

Get Paid 2 Drive Your Car W/ An Ad On It ....

This page is powered by Blogger. Isn't yours?

PUBLISHER

Jim Stroud visit my website.

.

Who Links Here.

Give To Tsunami Relief

Give to Hurricane Relief

ARCHIVES

05/01/2004 - 06/01/2004 06/01/2004 - 07/01/2004 07/01/2004 - 08/01/2004 08/01/2004 - 09/01/2004 09/01/2004 - 10/01/2004 10/01/2004 - 11/01/2004 11/01/2004 - 12/01/2004 12/01/2004 - 01/01/2005 01/01/2005 - 02/01/2005 02/01/2005 - 03/01/2005 03/01/2005 - 04/01/2005 04/01/2005 - 05/01/2005 05/01/2005 - 06/01/2005 06/01/2005 - 07/01/2005 07/01/2005 - 08/01/2005 08/01/2005 - 09/01/2005 09/01/2005 - 10/01/2005 10/01/2005 - 11/01/2005 11/01/2005 - 12/01/2005 12/01/2005 - 01/01/2006 01/01/2006 - 02/01/2006 02/01/2006 - 03/01/2006