Money & Mental Health

Being mindful about money and your mood

It’s really important to understand how money can affect our mental wellbeing.

Having money difficulties can link to issues with stress, sadness or coping with day-to-day life.

And issues with our mental health can make managing our money more difficult.

You can see how this can keep causing problems.

Money runs through so many elements of our lives that its impact can be felt in so many ways – our living arrangements, our relationships and our peace of mind.

The key thing is there is no debt or money issue that cannot be solved.

You can for immediate support.

Or take a look through our resources here.

Benefits help with mental health

If you struggle with your mental health, you may be entitled to a range of welfare benefits.

Disabilities caused by mental health problems are to be treated the same as physical disabilities in the benefits system.

The benefits you may be entitled to include: Universal Credit and Personal Independence Payments and other disability benefits.

Improving your self-esteem

Self-esteem is how you think and feel about yourself. Having healthy self-esteem makes it easier to cope with life’s ups and downs.

If you have low self-esteem, the thoughts and feelings you have about yourself tend to be negative. This can make you more prone to mental health problems.

Try these sites for some different ways to boost your self-esteem:

Taking time to relax

Regular relaxation is beneficial for your mental health.

If you make time each day to practice some of the techniques below you can become better at relaxing and dealing with stress.

Coronovirus closed your gym?

Everyone knows that exercise is good for your body – but it’s also important for your emotional wellbeing.

Scientists have discovered that exercise causes your brain to release chemicals that make you feel good.

There is evidence to show that exercise can help raise self-esteem, help sleep problems, improve memory and concentration, take your mind off negative thoughts and reduce feelings of anxiety and depression.

The NHS has developed this overview of gym-free exercises that you can do from home, for free!

Share what's bothering you

Sharing what’s bothering you can be the first step towards getting it sorted.

If you feel that the problems you’re having are too big for you to deal with by yourself, you may want to get in contact with your GP, someone from school/college or someone else you trust.

We have a full directory of helpline support on our Support Services page but here are some useful freephone helplines that are open 24/7 here:

  • Samaritans – 116 123
  • Lifeline – 0808 808 8000

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