Double-sided influence

Mismanaged finance can cause as much depression as depression can make you mismanage your finance. This is a feedback loop, with both of the sides reinforcing and influencing each other. But the influence and reinforcement work both directions: the healthier your mind is (free from depressive symptoms), the better able you are to manage your finance. On the other hand, if depression is caused by financial matters, taking charge of your finance and knowing your way out of your situation will improve your financial standing helping to overcome depression.

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