{"id":531,"date":"2019-04-19T16:07:03","date_gmt":"2019-04-19T16:07:03","guid":{"rendered":"http:\/\/www.apisbull.com\/blog\/?p=531"},"modified":"2019-04-04T16:09:03","modified_gmt":"2019-04-04T16:09:03","slug":"debt-ridden","status":"publish","type":"post","link":"https:\/\/www.apisbull.com\/blog\/?p=531","title":{"rendered":"Debt Ridden"},"content":{"rendered":"\n<p>Did you know that getting rid of your consumer debt can be quite good for your mental health, as well as your financial health?<br><br>Your brain may begin to function BETTER&nbsp;if you start ridding yourself of your burdensome debt.<br><br>Anyone who has undertaken the gargantuan task of paying off their own debt knows just how gratifying it is to see that get wiped away.<br><br><strong>It feels good to work toward complete financial freedom, and it feels better to know that you don\u2019t owe money to anyone.<\/strong><br><br>New research has suggested that paying off your debt can improve the way your brain functions by unburdening both your wallet and your mind.&nbsp;Being in debt is stressful, while being debt-free is calming.<br><br>Imagine not having to scrape together payments every single month.<br><br>If you decide to go debt-free, and I highly suggest that you do, you\u2019ll experience less worry, better sleep, and a larger zest for life.&nbsp; You\u2019ll know what it\u2019s like to work for yourself, and not the creditors.<br><br>These new findings come from researchers at the National University of Singapore\u2019s Social Service Research Centre.&nbsp;<strong>The researchers who compiled the data studied almost 200 low-income people who unexpectedly had portions of their long-running mortgage, utility, and municipal debts paid down by a charity.<\/strong><br><br><strong>The participants were tested both before and after their debts were paid off on their ability to spot matches and mismatches.<\/strong>&nbsp;The recipients were also tested for generalized anxiety disorder and their ability to \u201cmake more beneficial financial decisions.\u201d<br><br><strong>The results of the study were astounding:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Average error rates in the cognitive function tests fell to 4% after the debt was paid down, compared to a 17% error rate beforehand.<\/li><li>The proportion of participants showing generalized anxiety disorders dropped from 78% to 53% after the debt relief.<\/li><li>The number of people showing so-called \u201cpresent bias,\u201d which favors instant gratification, dropped to 33% from 44%, a sign that their impulse control had improved.<\/li><\/ul>\n\n\n\n<p>\u00a0<strong>\u201cOur study shows that because debt impairs psychological functioning and decision-making, it would be extremely challenging for even the motivated and talented to escape poverty,\u201d<\/strong>\u00a0said Dr. Ong Qiyan.<br><br>All this means that poverty is a mindset, much like wealth is.\u00a0<br><br>Your personal views about money and the actions you take because of those views play a very large role in both how much wealth you will be able to obtain and how mentally healthy you are when making financial decisions.<br><\/p>\n\n\n\n<style>.cryptothanks-donate-ADA circle{fill:#424242;}.cryptothanks-container{font-family:Helvetica;display:block;padding-right:30px}.cryptothanks-btn-label{font-size:20px;font-weight:700;display:block;margin-bottom:5px;text-align:left}.cryptothanks-btn{display:inline-block;cursor:pointer;fill:#424242;color:#424242;font-size:12px;text-align:center;margin-right:2px;margin-bottom:5px}.cryptothanks-btn svg{-webkit-transition:transform .3s ease;-moz-transition:transform .3s ease;transition:transform .3s ease;width:30px;height:30px;display:block}.cryptothanks-title{-webkit-transition:opacity .3s ease;-moz-transition:opacity .3s ease;transition:opacity .3s ease;opacity:.8}.cryptothanks-btn:hover svg{transform:rotate(-360deg);transform-origin:50% 50%}.cryptothanks-btn:hover 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\/><\/a><h5 id=\"h5-220775\"><\/h5><br\/><span id=\"address-220775\" class=\"cryptothanks-address\"><\/span><div style=\"clear:both\"><\/div><\/span><\/div><script>function cryptothanks_popup_open(currency, currency_name, currency_address, currency_amount) {document.getElementById('cryptothanks-tooltip-content-220775').className='cryptothanks-tooltip-content cryptothanks-tooltip-open';document.getElementById('h5-220775').innerHTML = 'Donate '+currency_amount+' '+currency_name;document.getElementById('address-220775').innerHTML = currency_address;document.getElementById('buttons-220775').style.display='none';document.getElementById('qr-220775').innerHTML = '<img src=\\'http:\/\/api.qrserver.com\/v1\/create-qr-code\/?data='+currency_address+'\\'>';}function cryptothanks_popup_close() {document.getElementById('cryptothanks-tooltip-content-220775').className='cryptothanks-tooltip-content';document.getElementById('buttons-220775').style.display='inline-block';}<\/script>\n\n\n\n<p><br>When people live in\u00a0<strong>\u201cchronic scarcity\u201d<\/strong>\u00a0(meaning they lack sufficient money, housing, and food to thrive), their brains become overtaxed and stressed out because they\u2019re constantly coping with emergency after emergency,\u00a0research by the nonprofit consulting firm<em>\u00a0ideas42\u00a0<\/em>found.<br><br>Freeing yourself by paying off your debt allows your mental state to return to a more serene place where better financial decisions are made. Paying off debt is rarely easy,\u00a0but it\u2019ll be worth it.\u00a0<br><br><strong>Make the choice to be financially free and mentally healthy today!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Did you know that getting rid of your consumer debt can be quite good for your mental health, as well as your financial health? Your brain may begin to function BETTER&nbsp;if you start ridding yourself of your burdensome debt. Anyone who has undertaken the gargantuan task of paying off their own debt knows just how &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.apisbull.com\/blog\/?p=531\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Debt Ridden&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,1],"tags":[],"class_list":["post-531","post","type-post","status-publish","format-standard","hentry","category-money-making-ideas","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Debt Ridden - Apis Bull Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.apisbull.com\/blog\/?p=531\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Debt Ridden - Apis Bull Blog\" \/>\n<meta property=\"og:description\" content=\"Did you know that getting rid of your consumer debt can be quite good for your mental health, as well as your financial health? 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Anyone who has undertaken the gargantuan task of paying off their own debt knows just how &hellip; Continue reading &quot;Debt Ridden&quot;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/www.apisbull.com\/blog\/?p=531\" \/>\n<meta property=\"og:site_name\" content=\"Apis Bull Blog\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-19T16:07:03+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/www.apisbull.com\/blog\/?p=531#article\",\"isPartOf\":{\"@id\":\"http:\/\/www.apisbull.com\/blog\/?p=531\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\/\/www.apisbull.com\/blog\/#\/schema\/person\/860866fe8a36715ee2b43f738f95f415\"},\"headline\":\"Debt Ridden\",\"datePublished\":\"2019-04-19T16:07:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/www.apisbull.com\/blog\/?p=531\"},\"wordCount\":499,\"commentCount\":0,\"publisher\":{\"@id\":\"http:\/\/www.apisbull.com\/blog\/#organization\"},\"articleSection\":[\"Money Making Ideas\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"http:\/\/www.apisbull.com\/blog\/?p=531#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/www.apisbull.com\/blog\/?p=531\",\"url\":\"http:\/\/www.apisbull.com\/blog\/?p=531\",\"name\":\"Debt Ridden - Apis Bull Blog\",\"isPartOf\":{\"@id\":\"http:\/\/www.apisbull.com\/blog\/#website\"},\"datePublished\":\"2019-04-19T16:07:03+00:00\",\"breadcrumb\":{\"@id\":\"http:\/\/www.apisbull.com\/blog\/?p=531#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/www.apisbull.com\/blog\/?p=531\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/www.apisbull.com\/blog\/?p=531#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/www.apisbull.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Debt Ridden\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/www.apisbull.com\/blog\/#website\",\"url\":\"http:\/\/www.apisbull.com\/blog\/\",\"name\":\"Apis Bull Blog\",\"description\":\"Stocks, commodities and other ways to succeed for wealth\",\"publisher\":{\"@id\":\"http:\/\/www.apisbull.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/www.apisbull.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"http:\/\/www.apisbull.com\/blog\/#organization\",\"name\":\"Apis Bull Blog\",\"url\":\"http:\/\/www.apisbull.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/www.apisbull.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.apisbull.com\/blog\/wp-content\/uploads\/2025\/11\/unnamed.jpg\",\"contentUrl\":\"https:\/\/www.apisbull.com\/blog\/wp-content\/uploads\/2025\/11\/unnamed.jpg\",\"width\":600,\"height\":600,\"caption\":\"Apis Bull Blog\"},\"image\":{\"@id\":\"http:\/\/www.apisbull.com\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"http:\/\/www.apisbull.com\/blog\/#\/schema\/person\/860866fe8a36715ee2b43f738f95f415\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/www.apisbull.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3ba28247884a39bf588497461c143567b80d96b9b9b15bef61b744339fdd5cbb?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3ba28247884a39bf588497461c143567b80d96b9b9b15bef61b744339fdd5cbb?s=96&d=mm&r=pg\",\"caption\":\"admin\"},\"url\":\"https:\/\/www.apisbull.com\/blog\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Debt Ridden - Apis Bull Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/www.apisbull.com\/blog\/?p=531","og_locale":"en_US","og_type":"article","og_title":"Debt Ridden - Apis Bull Blog","og_description":"Did you know that getting rid of your consumer debt can be quite good for your mental health, as well as your financial health? 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