Given the ongoing cost of living crisis, many people living in the UK are grappling with money worries that impact their day-to-day lives. From rising utility bills to increasing grocery costs, the financial pressures can feel overwhelming.
Fortunately, there are many sources of financial wellbeing support that can help you regain control over your finances and improve your overall wellbeing.
At RiseUp, we know financial worries can take a toll on your health and wellbeing. Our mission is to provide tools, knowledge and community support to help you navigate these challenges. Here are some other places you can turn to for help.
Employee financial wellbeing programmes
Many UK employers are recognising the importance of financial wellbeing in the workplace. They are introducing programs designed to support their employees’ financial health. These initiatives often include financial education workshops, access to debt advice and tools to manage money more effectively.
By engaging with these resources as an employee, you can feel more confident and comfortable discussing your financial concerns, which is often the first step towards improvement.
Government and non-profit services
If you need more structured support, the government and various non-profit organisations offer invaluable resources. The Money and Pensions Service, for instance, provides free, impartial money advice that can help you manage problem debt and plan for the future. Similarly, Money Helper, formerly the Money Advice Service, offers practical guidance on everything from budgeting to saving and credit card management.
Community support networks
Sometimes, the best short term and long term financial wellbeing support comes from those who are going through similar experiences. Online forums and groups, like our RiseUp community, provide a platform to share advice, tips and encouragement. Being part of a supportive community can help you feel comfortable talking about money, and help alleviate the sense of isolation that often comes with financial difficulties.
Financial wellness apps
Technology can make managing your money much quicker and easier. Our financial wellness app RiseUp combines your household accounts into one secure space, providing unique monthly forecasts and personalised content to help you stay on track. These tools can make managing your finances less daunting and more straightforward, empowering you to take control of your financial future.
Professional advice
If you’re dealing with significant financial stress or problem debt, it may be time to seek professional advice or financial support. Financial advisers can provide tailored guidance to help you navigate complex financial situations. They can help you create a budget, plan for long-term goals and find solutions to reduce debt. Remember, seeking help is a sign of strength, not weakness.
Addressing financial wellbeing and mental health
Financial worries can be both a symptom and cause of mental health struggles. Stress about money can lead to anxiety, depression and other mental health issues. It’s crucial to address both your financial situation and mental wellbeing simultaneously.
Practicing self-care, seeking emotional support and using resources like RiseUp can help you manage the mental and emotional impact of financial stress.
By leveraging these resources and taking proactive steps, you can enhance your financial fitness and gain the confidence to navigate your financial journey. At RiseUp, we’re here to support you every step of the way, helping you build a positive relationship with your money and achieve your financial goals.
Start your free trial with RiseUp today and take control of your financial future.
