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 Assets and debts and other accumulated wealth mydepression-help.com be considered to understand one's mental health because they influence quality of life over time. Researchers acknowledge the shortcomings of prior studies on mental health that did not take into account net worth . Studies that have been done in the past have focused on socioeconomic status (SES) as opposed to net worth, which is an element that influences mental health. Net worth (Wealth) and debt have been increasing in importance. This means that people who are more stressed and anxious about their future could be more anxious and depressed. Particularly, debt can result in a cumulative disadvantage, which means that one cannot control their poor mental health. The person may not be able maintain their social networks, which is negative because social support is vital for mental well-being .

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