financial difficulties

Financial problems linked to a rise in depression

People are increasingly contacting their GPs and charities for help to deal with concerns over debt and job worries.

It has been suggested that the economic problems may be contributing to a rise in depression in England, with prescriptions for anti-depressant drugs rising by more than 40% over the past four years.

GPs are seeing more people who have mounting debts, or who have been made redundant and are finding it hard to make ends meet and also feeling guilty that they can’t provide for their family, which can often act as a trigger for depression.

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Money Worries

It is an open secret that in the last many years there was none that as been tougher than the year 2009 as far as money matters are concerned. The number of people who have spent sleepless nights worrying over unpaid bills and huge debts that have become a real threat to their homes in on an all time high. There are countless people who are living under the constant threat or ever increasing utility bills, redundancies as well as home repossessions and they do not really know how to move on from their current quagmires.

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Money Worries 2009

Money Worries

2009 has been one of the toughest financial years we have ever seen. Many people have been left with money worries, bills and in some cases debts that are threatening their homes.

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The Banks are going to take a 'stress test'

Banks stress test

Banks in the U.S. (United States) are due to release information on a ‘stress test’ which has been carried out. If you are wondering what a stress test is, it is a test to see if the U.S. banks have enough money in reserve should the recession worsen. It will be interesting to see if the banks do have the reserve money and also if the U.K (United Kingdom) banks also under go the same test.

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