Debt is a slippery slope that is often hard, if not impossible to avoid. A new poll reveals that 25 percent of Americans see no hope of paying off their debt before they die. Another 40 percent of Americans simply don't know when they will be able to pay off their debt. That leaves the remaining 35 percent of the population with a payment plan and a known payoff date and the rare few with no debt at all.
Student debt has become a bigger and bigger presence in the finances of Americans. A recent analysis by Experian points to such debt having increased considerably here in the U.S. over the past decade.
If you believe that money can bring you happiness, do you also believe that debt can be detrimental to your health? If so, you may be right. Nobody likes to look at a stack of bills that need to be paid, but being in debt can really impact your health.