Debt can wreck havoc on a person’s life in many ways, including causing problems at home and at work. It can bring up feelings of anxiety, anger, shame, and depression and can even lead to the breakdown of a marriage, or the loss of a job or home. Financial problems can be extremely stressful and they can have a ripple effect on your health and your life, as well as on the lives of others, especially family and friends.
Today, many people don't believe that it is possible to be totally debt free, but it is a realistic goal. In order to reduce the burden of debt in your life, make a plan to become debt free and work towards your goal.
Source:
http://www.moneymatters101.com/debt/