CMHA reacts to report showing bad debts affects mental health


Recently, a study has been done indicating that the weak credit of Canadians is affecting the mental health of the country. The executive director of the Canadian Mental Health Center, Sean Miller, explains how that is.

"Money responds to many problems," says Miller. "So not having it means there are certain things going on in your world that you may not have a solution to. And while money is not the best and the end of everything, it is an incredible tool that allows us to do certain things in our lives ".

Photo of Mike Blume. "Width =" 342 "height =" 193

Miller recommends early planning as the key to overcoming personal debt. He says that a front plan to commit to not spending with credit card but cash or a debit card in place of a credit card goes a long way. It adds the millennial wisdom of living within your means and even below your means can greatly enhance a positive state of mental health.


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