Debt has been compared to a lot of things, but this might be the first time it’s been equated to being an individual’s significant other.
A new survey out from Canada compares how individuals feel about their debt burdens is roughly the same as how they feel about their partners, and individuals with a lot of debt are in the equivalent of a “toxic relationship.” Nearly half of those surveyed believe that the amount of debt they are carrying is having a negative effect on their lives, from the choices they make to their outlook on live.
More than 25% of respondents said that debt keeps them from going out, 19% said it keeps them awake at night, and 8% said they are avoiding relationships because of their debt.
When asked how their debt makes them feel, 17% said it made them feel depressed, 12% said embarrassed or ashamed, 10% said guilty, 9% said a failure, 9% said hopeless, and 4% said it made them feel worthless.
Keeping up with the relationship theme, the survey reveals that 20% of Canadians have ended an actual relationship because of financial issues.
The survey and report
