The old adage says that money cannot buy happiness. However, most people who are financially secure do feel less stress and anxiety in regard to their money-related affairs than those are who not. In fact, significant debt can have serious emotional effects, and Louisiana residents who are struggling may want to look into debt relief options.
Unfortunately, if parties are struggling with their debt, they have a higher chance of suffering from anxiety and depression. In fact, one study showed that individuals in financial distress are twice as likely to face these issues. Those with high debt may worry that they will never get out from under this burden and may also feel hopeless because they are so overwhelmed by their financial problems.