Is Shopping an Addiction? A Recovery Coach and I Compare Notes on Money and Debt
A financial sobriety coach and I each answered one question about addiction and debt, separately. See what we found, and read both full answers.
Mental Health
Financial Stress and Cognitive Decline: What Years of Money Trouble Might Do to Your Brain
Financial stress and cognitive decline are linked in a striking 75-year brain study — and when the damage begins may surprise you.
Findom Took My Savings and I Couldn’t Stop: What I Need You to Know
Financial domination can quietly empty your savings and retirement. Here’s the trap, the warning signs, and how to get free — without shame or judgment.
Why Depression and Debt Feed Each Other — And How to Break the Loop
Debt causes depression. Depression causes debt. I ran a debt relief org for 12 years — here’s the clinical feedback loop nobody in personal finance talks about.
“I Can’t Afford to Hang Out” — The Social Shame of Being Broke Nobody Talks About
67% of Americans skipped social events last year because of money — and 56% never told friends why. That silence makes everything worse. Here’s what actually helps.
ADHD and Debt: Why Standard Money Advice Doesn’t Work — and What Does
ADHD and debt are connected at the neurological level. Standard money advice fails ADHD brains because it assumes executive function that isn’t there. Here’s what actually works.
Is Your Debt Making You Depressed? What the Research Says — and a Free Way to Find Out
Is Your Debt Making You Depressed? What the Research Says — and a Free Way to Find Out Quick Answer: Research consistently shows that debt is strongly associated with depression. A screening my organization Myvesta ran in 2001 found that 49% of 136 debt counseling clients screened positive for depression symptoms on the CES-D — …
Debt Equals Depression: The Research That Explains Why Debt Advice Fails
Quick Answer: Original Myvesta research found that 49.3% of 136 people in debt crisis screened positive for depression symptoms on the CES-D, and 39.7% scored in the severe range. This page long compared that to a 9.5% general-population figure and called it five times the rate; that comparison was wrong and I have corrected it …
Let’s Talk About Overcoming Financial Anxiety
Quick Answer: Steve Rhode and Damon Day explain that financial anxiety affects people at all income levels and stems from more than just poor budgeting habits. The hosts emphasize that recognizing debt problems early and implementing mindset shifts can help break the cycle of financial stress before it becomes overwhelming.Feeling like your finances are running …
Debt Perception: Myth vs Reality
Quick Answer: People’s perception of debt is often distorted by emotional filters and cognitive biases that cause them to underestimate the severity of their financial problems. The brain’s tendency to seek comfort and fill in knowledge gaps leads to dangerous misconceptions like “I’ll catch up next month” that can worsen debt situations significantly.Ever looked at …
