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Debt is Bad for Your Wallet... and Your Health As the old saying goes, stress kills. In fact, during this bad economy, having more debt is adversely effecting people's health. Having high debt stress doubles your risk of having a heart attack - that alone is scary! Obviously it's difficult to change your financial situation overnight, but little steps can make a difference. Try picking up a few healthier habits that are also more frugal. Bike or walk instead of driving. Cook a healthy vegetarian meal at home. Start a garden. Reconnect with an old friend via email instead of spending money on a night on the town.