AceShowbiz - Justin Bieber is facing turbulent times. Concerns are mounting within his former circle as the 31-year-old artist reportedly grapples with a myriad of personal and professional challenges.

"He is facing a lot of different demons right now," a source told PEOPLE. "He is making some really poor decisions lately, further impacting friendships, money, and business. People are worried about him."

After denying drug use rumors, Bieber was hit with alleged financial issues. A Hollywood Reporter article reported that Bieber was millions in debt after canceling his Justice World Tour in 2022.

However, a representative for Bieber quickly dismissed these claims, labeling the report as "clickbait stupidity."

Amid these financial disputes, Bieber has been open about his struggles with mental health. On March 13, he posted on Instagram Stories, "People told me my whole life 'wow Justin u deserve that' and I personally have always felt unworthy... Like I was a fraud, Like when people told me I deserve something, it made me feel sneaky like, Damn if only they knew my thoughts."

He also acknowledged his anger issues, "I got anger issues too, but I wanna grow and not react so much smh 🤦‍♂️." He added in another reflective post, "I think I hate myself sometimes when I feel myself start to become inauthentic. Then I remember we're all being made to think we're not enough but I still hate when I change myself to please people."

Additionally, Bieber has been scrutinized for his past association with Sean "Diddy" Combs and his relationship with former manager Scooter Braun hit a snag. Further complicating matters, Bieber publicly severed ties with his fashion brand Drew House, announcing on Instagram, "Drew House doesn't represent me or my family or life."

Amidst these setbacks, Bieber is attempting to forge a new path. He is in the process of launching a new clothing line called SKYLRK, perhaps as a step towards reclaiming stability.

A former member of Bieber's team told The Hollywood Reporter, "Seeing him disintegrate like this... it's watching the embodiment of someone not living their purpose. He's lost. There's no one protecting him because there's no one there willing to say no to him. You say no, you get blown out."