A Guide to Coping With Debt and Financial Stress
According to an AICPA-commissioned Harris Poll study of 1,004 U.S. adults, 56% of Americans reported that their debt has negatively affected their lives. The survey also found that 28% of debtors stated their debt caused stress in everyday financial decisions; 21% said it had caused conflicts with their partners; and 19% indicated that collection agencies had contacted them. Additionally, nearly a third (31%) of debt-burdened Americans worry about it in general, while a quarter (25%) think about it at bedtime. And, 18% admitted that they think about their debt at work. Considering that the ave...