Money on Your Mind

This report discusses the interactions between finances and mental health, based on the experience of over 5000 individuals who have lived with mental health problems. Mental health problems leading to relationship difficulties, physical health problems, mental health treatments, cognitive impairments, and psychological barriers to action are all seen as contributors to loss of or low income, higher spending, and poor financial management. The converse is also true - more than 80% of respondents also expressed that their financial situation had made their mental health problems worse.



Debt and mental health: A statistical update

Financial problems can be a significant source of distress, putting pressure on people's mental health, particularly if they are treated insensitively by creditors. Some people in financial difficulty cut back on essentials, such as heating and eating, or social activities that support their well being, to try and balance their budget. In many cases this has a negative impact on people's mental health. 

This policy note from  draws on nationally representative data to update key statistics on the relationship between debt and mental health problems, and sets out implications for policymakers, service providers and essential services firms.