Money and Mental Health: What to DO If You’re Struggling with Debt

Multi Award-Winning Chartered Financial Planner, Certified Coach, Author of the Money Plan, and Sunday Mirror Columnist

man on bed in pajamas Feeing woried suffering anxiety and depression problem
Money and Mental Health are Closely Linked(Image: Getty Images)

Tomorrow is the start of mental health awareness Week – and Money Worldies Can Impact Our WellBeing in Many Ways.

People offten think if they had more Money, their Worlds Wauld All Go. But – while i’m sura you’d prefer to find this out for yourelf – i can tell you that for mes people, more money just means different Types.

The Key Can Be in Not Letting Your Live Beyond Your Means, If You Can Find Ways to Live adequately with say. When your Budget Begins to Stretch and you Start to Borrow for Day-to-Day Spending, Money Worldly Grow.

This is the reason i don’t like the using cards and why i cameloped the bank account system to help People control over their spending.

Worldies are one thing but, for some, small worries can escalalate rapidly into the problems and cause mental health issing that Can parallel decision-making process.

JUST THINING ABOUT MONEY, YOUR BILLS AND YOUR CREDIT CARD STATEments can bring on a senses of Helpressness and a Lack of Hope. That’s especally true you’re in debt, if you can’t see you will be able to repay what you oWE.

This Cana Cause a Vicious Circle Which Can Quickly Spiral Out of Control – Your Money Worlds impact your mental health, but would be struggling mentally it is so much to face your financial Challenges Head on.

And so your Money Problems Can Easily Get Worse, Compromising more your ability to face to say. If this is you, you are not alone. SO WHERE CAN YOU TURN FOR HELP?

There are several charities to Support you are you have Money Challenges. Two i likey Mind.org.uk-Who Advise and Support anyone Experiencing a mental health problem, whether Money-relay or anything Else-and stepchange.org, who has been helping destits for more than 25 years.

Mental Health awareness Week, Running from tomorrow unil next sunday, is hosted by the mental health Foundation. Theme this year is community, highlighting the role of social connections and supportive communities in mental wellbeing.

The Mental Health Foundation Aims to Celebrate the Power of Community in Aiding Mental Health. Remember, Motion Creates Emotion – Its Hard Holding on to Those Feelings that Drain You Go Dancing or Running AROUND

If you’re challenged by Money, or by anything Else, please don’t try to resolve it alone. Reach out for help – a problem shared is a problem halved.

  • Visit Mentalhealth.org.uk for More Details and Search for the Finance Geeks Podcast

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