Is Your Debt Actually Making You Lose Sleep?

Is Your Debt Actually Making You Lose Sleep?

It's no secret that Americans regularly experience their fair share of financial stress. A good 85% of U.S. adults suffer from financial anxiety, a quarter of whom point to high levels of credit card debt as the primary cause. In fact, the problem has gotten so bad that credit card debt recently reached an all-time high in the country, with the typical balance-carrying household owing roughly $16,000.

But while it's one thing to carry high levels of debt and stress about it, it's another thing to actually lose sleep over it. Yet a large number of indebted Americans are apparently doing just that. In a recent study by Best Mattress Brand, Americans with more than $60,000 in debt were the most likely to report getting a mere five hours of sleep per night, whereas those with lower levels of debt consistently got more. Those with the highest debt levels also reported the lowest quality of sleep.

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Source: Fool.com