Losing sleep over your bills? You're not the only one

Once upon a time, my credit card balance was higher than my yearly income.

At first it didn't seem like a big deal. I was in my twenties and foolishly thought I'd have plenty of time to pay that nasty balance off.

When I could no longer afford the minimum payment on each of the seven credit cards I had at the time, I knew I had a problem. I don't know what was worse: the creditors calling me around the clock, or the fact that I would wake in a sweaty panic at 3 a.m. night after night.

Sound familiar? It should. A poll published last week on CreditCards.com found that 69 percent of respondents are losing sleep because of their current financial woes.

Not surprisingly, in March 2007, well before we were neck-deep in the current recession, a similar CreditCards.com poll found that only -- and I use that word with irony -- 56 percent of respondents lost sleep over their bills.

Topping the list of concerns of those polled this year: saving enough money for retirement, followed by health care expenses or health insurance premiums, then paying the mortgage or rent. Rounding out the list were education costs and credit card debt.

Curiously, 74 percent of the women contacted this June for the 2009 poll said that money matters are costing them some serious shuteye. In contrast, 64 percent of men polled admitted to a decent amount of sleep loss. (I'm beginning to detect a pattern here. Are you?)

In the less-than-shocking department, respondents 50 to 64 years old lose more sleep over their health care and health insurance bills than any other age group. And people of all ages making between $30,000 and $40,000 a year spend their nights fretting about their checking account more than any other income group.

Readers, have financial worries caused you to lose sleep this year? What, if anything, have you done to try to ease your mind at night and get your snooze on?

Freelance writer Michelle Goodman is the author of "My So-Called Freelance Life" and "The Anti 9-to-5 Guide." E-mail her at ninetothrive@nwjobs.com.