Money Talk

Are financial worries harming your mental health?

Money Talk

Let’s dive deep into a topic that’s close to our hearts at RiseUp: the connection between financial worries and mental health. It’s a topic that affects many of us, especially when the cost of living is high, yet it’s often overlooked or brushed aside. 

At RiseUp, we’re all about making it easy and enjoyable for you to take control of your finances, not just for the sake of numbers on a screen, but for your overall wellbeing. Because let’s face it, money matters can really mess with our heads sometimes. Whether it’s the stress of making ends meet, dealing with debt, or feeling anxious about the future, financial worries can take a serious toll on our mental health.

Understanding the impact

Did you know that over half of us admit that money worries affect our mental health? Yep, it’s a big deal. Constantly fretting about finances can lead to feelings of anxiety, stress and even depression. It’s like having a dark cloud hovering over you, affecting your mood, your sleep and your overall quality of life.

Imagine this: you get a phone call from your bank about an unexpected overdraft fee. Bam! Instant stress. Or maybe you’re struggling to manage debt and those monthly bills feel like they’re closing in on you. It’s tough and it can feel isolating, like you’re the only one dealing with it.

But guess what? You’re not alone. Many of us face similar challenges, which is why talking openly about these issues is so important.

Breaking down the stigma

Let’s be real – there’s a stigma around talking about money problems and mental health. It’s like we’re expected to have it all together, keep a stiff upper lip and soldier on. But ignoring these issues won’t make them disappear. In fact, it can make things worse.

At RiseUp, we’re all about breaking down those barriers. We believe in creating a supportive community where you can share your experiences, get practical advice and feel empowered to take positive steps towards financial fitness and mental wellbeing.

Taking positive steps

So, what can you do if financial worries are affecting your mental health? Here are a few tips to help you navigate through:

  1. Acknowledge your feelings: It’s okay to feel overwhelmed. Acknowledging your emotions is the first step towards managing them.
  2. Reach out for financial wellbeing support: Whether it’s talking to a friend, joining a supportive community like ours at RiseUp, or seeking professional help, don’t be afraid to reach out.
  3. Take practical steps: Managing money doesn’t have to be daunting. Start small – maybe set up a budget using tools like RiseUp, track your spending and identify areas where you can make adjustments.
  4. Focus on what you can control: While you can’t control everything, you can take control of your financial habits and decisions. Small changes can make a big difference.
  5. Prioritise self-care: Your mental health matters. Take time for activities that help you relax and recharge, whether it’s exercise, meditation, or pursuing hobbies.

Join the RiseUp community

At RiseUp, we’re not just about numbers and budgets; we’re about supporting you on your journey towards financial wellness and mental wellbeing. Our app provides personalised insights, practical tips and a community where you can learn from others and share your own experiences.

Together, we can break the cycle of silence around money worries and mental health. Let’s create a space where openness and support thrive, where we can laugh about the challenges and celebrate the victories – big and small.

So, if you’ve ever felt weighed down by financial stress or found yourself feeling anxious about money, know that you’re not alone. We’re here to help you RiseUp, take charge of your financial future, and reclaim your peace of mind. Here’s to your mental and financial wellbeing!

Start your free trial with RiseUp today and take control of your financial future.

Share article:

Recent posts:

When it comes to managing our money, sometimes the best advice comes from those who are walking the same...

Save on travel, shopping & everyday spending: Money hacks from our community Explore our community’s hacks to save on travel, shopping and everyday spending. Learn how to stretch your budget with these proven tips.

When it comes to cutting down on everyday expenses, transport is a significant cost that can quietly...

How to cut your transport costs: Money wisdom from our community Top tips to save on public transport and car expenses, straight from our community. Cut your daily commute and fuel costs effortlessly.

So, you’ve had an amazing summer, splashed out on holidays, meals out, maybe even a few spontaneous purchases....

Cure that financial hangover: How to recover after an expensive summer Recover from summer overspending with tailored strategies for every budget type. Regain control of your finances this September.

If we’re trying to get our money under control, food shopping and eating out are two key spending categories...

How to save on groceries and eating out: Money wisdom from our community Discover savvy ways to cut grocery and dining costs with our community's best tips, from loyalty apps to discount supermarkets.

Feeling a bit frazzled about your finances lately? You’re not alone. Money worries can sneak up...

Tips for how to overcome financial stress If you’re feeling stressed about money, don’t worry. Here are some easy, achievable tips to help you overcome financial stress.

Money worries are something we all experience at some point. Whether it’s stressing over the rising...

Financial worries and how to combat them Most of us experience financial worries and they can feel overwhelming. But don’t worry, there are ways to manage them and regain control.

Understanding your financial position is the bedrock of smart money management. Without a clear grasp...

How to get on top of your spending: Money wisdom from our community Take control of your finances with tips from our community. Learn how to track spending, manage expenses and use financial tools wisely.

What does financial wellness mean to you? For many of us, it’s about feeling secure and confident...

What does financial wellness mean and how can you achieve it? Achieving financial wellness is about more than just saving a bit each month. What does financial wellness mean? Let’s dive in.

Feeling stressed about money? You’re not alone. In fact, millions of people struggle with financial worries...

How to cope better with money worries By coping better with financial stress, we can improve our money situation and financial wellbeing. Here’s how to cope with money worries.

Late summer: that bittersweet stretch where the days are still long, the evenings are just warm enough...

Impulse spending in late summer? Here’s how to save instead Many of us impulse spend in late summer to “make the most” of the season. Here’s how to get your impulse spending under control.