Category: Mental Health and Money

Me & Money relaunched: Tackling young people’s financial anxieties by exploring the interconnection of mental health and money

4th September 2024

Following a highly successful 6-month pilot, which saw our Me & Money programme delivered to over 1,500 young people across the UK – we’re launching our enhanced programme today. We’re delighted to invite schools, colleges, community groups and organisations to get in touch with us to request this free programme for your young people.

How Skipton Building Society’s partnership helps us provide vital support for managing mental health and money

13th August 2024

There is a strong link between mental health and money worries. Almost one in five (18%) people with mental health problems are in problem debt. People experiencing mental health problems are three and a half times more likely to be in problem debt than people without mental health problems (5%). Enter the Mental Health & Money Advice service — the first UK-wide service to combine support for both mental health and financial problems.

Looming pressure on parents to spend as summer holidays approach

23rd July 2024

Feedback from Mental Health UK’s Me & Money pilot programme, which launched last year, shows that young people are experiencing additional strain on their relationship with their parents/carers because of money in the approach to the school holidays.

Me & Money programme

3rd October 2023

Alongside our popular Bloom and Your Resilience programmes, we have today launched a new innovative pilot programme called Me & Money, which encourages and empowers young people to explore and understand the interconnection between money and mental health.

How the cost-of-living crisis is affecting young people’s mental health

26th September 2023

The cost-of-living crisis has undoubtably had an impact on the majority of us to a greater or lesser extent. Whilst financial concerns have been ever-present throughout the crisis, there has also been an erosive effect on people’s mental health.

Cost-of-living money worries leading to suicidal thoughts and relapse

10th May 2023

Money worries are leading to suicidal thoughts and panic attacks in people living with severe mental illness amid the cost-of-living crisis, new data from Mental Health UK has revealed, with significant numbers of people experiencing a relapse and having to increase their medication dosage.

Mental Health UK joins Money Advice Trust’s National Debtline Partnership

6th February 2023

With record numbers of people are seeking support from our Mental Health & Money Advice service, the cost-of-living crisis is clearly taking its toll on financial and mental health across the United Kingdom. This makes the need for financial and debt advice more important than ever.  Mental Health UK are thrilled to announce that our Mental Health & Money Advice service is joining the Money Advice Trust’s National Debtline Partnership, providing a telephone casework service to National Debtline clients for the first time.

Cost-of-living hub launched by Mental Health & Money Advice

30th August 2022

The Covid-19 pandemic had a profound impact on the mental health and wellbeing of people across the globe. But as we return to a semblance of the lives we had pre-Covid, we are being gripped by an unprecedented cost-of-living crisis in this country.

Record numbers of people are seeking support from our Mental Health & Money Advice service

28th September 2021

There’s been a surge in the number of people seeking support for mental health and financial advice, as worrying cuts to Universal Credit are set to come in. To help you prepare, Mental Health & Money Advice have put together a practical guide directing you to further support.

Shaping financial firms’ future duty towards customers

24th August 2021

The financial industry regulator asked for views on new rules to protect consumers – here’s what Mental Health UK told them.

Mental Health & Money Toolkit launched amid study that 1 in 5 have been negatively impacted financially and mentally by coronavirus

12th November 2020

Mental Health UK warns of potential ‘system overload’ due to potential mental health crisis caused by money worries

Insurance industry can’t afford to discriminate against people living with mental illness

30th July 2020

We have urged the insurance industry to review the service they provide to people living with mental illness in our new report: Affording protection: mental health and insurance.

Mental Health & Money Advice Year One Impact Report

12th July 2019

Mental Health UK presented The Mental Health and Money Problems Seminar, which saw the launch of the Year One Impact Report of Mental Health and Money Advice.

One in six people with money problems have had suicidal thoughts

6th July 2018

New research by Mental Health UK has found that one in six people who have experienced money problems (16%) have experienced suicidal thoughts because of this.

Mental Health UK launches Mental Health & Money Advice

28th November 2017

Mental Health UK has today launched Mental Health & Money Advice [www.mentalhealthandmoneyadvice.org]. It is the first UK-wide advice service dedicated to supporting people affected by mental health and money issues including carers, friends, families and professionals within the area.

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Just £10 could allow 25 people to access the Mental Health & Money Advice website to help them improve their financial and mental health.

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