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debt ↔ quality of life

Relations (1)

related 2.00 — strongly supporting 3 facts

Debt is directly linked to quality of life because the stress and financial strain caused by debt negatively impact an individual's well-being and daily choices, as evidenced by [1] and [2]. Furthermore, [3] provides empirical data showing how debt forces individuals to sacrifice essential aspects of their quality of life, such as self-care, healthcare, and major life milestones.

Facts (3)

Sources
The Effects that Debt has On Your Emotional and Physical Well-being cms.illinois.gov Illinois Department of Central Management Services 2 facts
claimStress caused by looming debts and insufficient funds to pay them can impact the quality of life of the individual in debt and the quality of life of those around them.
claimStress caused by debt can negatively impact the quality of life of the individual in debt and the people around them.
How Different Forms of Debt Affect Our Mental Health: Study innerbody.com Innerbody 1 fact
measurementGen Z survey respondents reported the highest impact on quality of life due to debt, with 82.3% holding off on vacations, 84.2% skipping routine self-care, 61.4% postponing having children, and 41.4% missing doctor's visits.