Are you suffering from..?

Money sickness syndrome. With personal debt estimated to be around £1 trillion, it's no wonder that people are suffering from Money Sickness Syndrome (MSS).

by Helen Kirwan-Taylor
Last Updated: 09 Oct 2013

Coined by a stress expert and GP, MSS affects about 43% of the population, the rich as well as the poor but women more than men. Symptoms include loss of sexual appetite, palpitations, skin rashes, shortness of breath, nervousness and nausea. Those who finance a lifestyle by taking on more debt are typical sufferers, but the executive with the expensive car habit is not much better off. Once you get into a cycle of spending, the thought of not being able to keep spending is enough to trigger all the symptoms at once.

It doesn't require a psychiatrist to figure out the cure: live within your means is a good start; control the impulse to buy another handbag even though you have dozens in the closet already. Skip the expensive holidays - befriend people with villas. Better yet, leave the petrol-chomping car at home. Always compare yourself downwards: you'll feel instantly better.

Find this article useful?

Get more great articles like this in your inbox every lunchtime