Money and mental health

Our dedicated Mental Health and Money Advice service help thousands of people to better understand and manage their financial and mental wellbeing.

What is Mental Health and Money Advice?

Mental health and money advice offers both one-to-one support as well as a comprehensive website, providing impartial and straightforward information, support, and advice for anyone affected by mental health and money issues.

In the UK, it’s estimated that 50% of people in debt also experience a mental health problem. And one in five people experiencing a mental health problem also experiences money issues.

Mental Health and Money Advice was set up in 2017 to help people better understand, manage, and improve their financial and mental health.

 

Mental Health and Money

Find information on

  • Welfare benefits

  • Personal independent payments (PIP)

  • Universal Credit (UC)

  • Employment and Support Allowance (ESA)

  • Work Capability Assessment

  • Debt and managing money

  • Insurance and mental health

  • Mental health care

How has Mental Health and Money Advice made an impact?

Graham, a Mental Health and Money Advice Support Officer, shares how money has a dramatic impact on people’s lives and mental wellbeing. Everybody’s story is unique and Graham uses his own experience of mental health challenges to support others from a place of understanding and empathy instilling hope in others that things can get better.

Our impact in 2023-2024:

1,013 clients

supported by our Mental Health
and Money Advice service

Over £7 million

total gains for clients by Mental Health
and Money Advice service

1.2 million people

accessed our comprehensive Mental Health and Money Advice website

The support we offer

We offer one to one support for clients, by referral. Our support consists of both specialist money advisers and benefit advisers, who are experienced in supporting clients with differing mental health needs. We support clients with a whole range of mental health problems including severe mental illness. 

Visit the website

Who should use the Mental Health and Money Advice service?

The service is suitable for anyone looking for advice and information to help them better understand and manage their money if they live with a mental health problem. The service also supports friends, family, and carers.

Visit the website

Real life stories

"It just felt like everything came at once, and I had nowhere to turn. I felt as though I had failed as a dad."

Read Steven’s Story