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Divorce and loss of employment are two of the most often known causes for depression and it is no secret that money problems are at the root of most divorces. Therefore, it becomes quite easy to say money is linked to depression. Though money may not be the cause of all depression cases, it does factor in to a large portion of them.

Loss of employment, of course, causes loss of income and, with the lack of money for mortgage payments, can cause a person to lose their home. They often lose their self esteem even if able to hang on their home. It seems to impact men even more than women as they still tend to feel they are, or should be, the major bread winner. They often feel they are not able to live up to their responsibility for taking care of their family.

In some cases, one partner may take a second job in order to boost the household income in order to pay the bills. Though successful in meeting the monthly payments, one or both partners may become depressed at loss of time together.

Divorce is a major cause of depression and so many divorces come about because of marital problems rooted in money issues. The lack of money to have the things the couple was accustomed to before entering adulthood and marrying can drive a wedge between a young couple. Again, the male feels unable to provide for his wife and family. The female may feel the same way and bitter arguments ensue. An immature partner may blame the other for not providing the things they want or feel they need, even if their demands are totally ridiculous.

Marital conflicts also arise over how the couple handles their finances. One party may be very responsible and try to save money for their future, while the other is still emotionally immature and spends too much money, causing arguments. One may even slip behind the other's back and spend the couple into debt beyond their means to pay and destroy the couple's credit record.

Arguments occur between couples when they do not work together as a team in their marriage and go by the "this is my money, that's your money" philosophy. Once a couple begins to argue over money and become discontented with their partners, arguments spill over into other areas of their marriage. The children, the other spouse's family, and a variety of other issues become points of arguments. Eventually the marriage will fall victim to divorce. Whatever caused the final deathblow to the marriage, money was usually at the root of the problem in the beginning.

Bankruptcy, even due to uncontrollable circumstances such as a major health crisis or sudden disability, causes severe depression in most people. Bankruptcy affects singles as well as married couples. For the person who has to file bankruptcy that has been an honest individual and always paid their bills, the act of having to file deals a hard blow to their self esteem. They feel like a failure and feel publicly humiliated. They often feel like they have lost their identity. Those feelings, coupled with loss of a home, vehicle, or other possessions spin the person into a bout of major depression.

Even depression an otherwise happy person experiences only during the holidays is often related to lack of money to purchase those they love the items they wish they could. Though that sounds like something one should just pass off and hope everyone understands, for many it is not so easy to overcome those feelings. They begin to feel depressed as early as October, and the depression lasts until January or beyond. Those prone to that type of depression often repeat the cycle every year.

We, unfortunately, live in a world where so much revolves around money it seems inevitable for money to be an underlying cause in many cases of depression.

Learn more about this author, Ty Fillers.
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