Debt relief improves psychological and cognitive function, enabling better decision-making

(National University of Singapore) A new study by the Social Service Research Centre at the National University of Singapore demonstrates that reducing the number of debt accounts lowers the mental burden of the poor, thereby improving psychological and cognitive performance. This enables better decision-making. Hence, poverty interventions should be structured to improve psychological and cognitive functioning in addition to addressing the financial needs of the poor.

from EurekAlert! - Social and Behavioral Science https://ift.tt/2TVHttD