The cost-of-living crisis is having a negative impact on our mental health

by Keith from Rehab Recovery

The Money and Mental Health Advice have always highlighted the important link between mental health and money concerns. They also agree that this link has become more important now than ever before [1].

They also agree that money can affect your mental health in a number of different ways, including depression, anxiety, paranoia, shame and embarrassment. Unfortunately, this results in a lot of people feeling uncomfortable voicing their concern and asking for help.

In fact, mental health services up and down the country are already seeing the effects of the cost of living crisis. With the NHS already under a huge strain, this is putting a huge pressure on our national health service.

Another study carried out by a Rethink Mental Health Illness survey found that even before the cost of living pandemic, money had a huge impact on our mental health services [2]. However, more than 50% of all respondents also said that Coronavirus has made their mental health significantly worse [2].

Right now, our most vulnerable are at risk of suffering from a mental health crisis. This is why we need to come together as communities to support one another over the next few months. We need to make sure that the older people in our community are supported, as well as the unemployed and single parent and single income households [3].

Below is more information on how the cost of living affects our mental health.

Infographic

References

[1] https://www.mentalhealthandmoneyadvice.org/en/managing-money/cost-of-living-crisis-and-your-mental-health/

[2] https://www.rethink.org/news-and-stories/news/2020/04/80-of-people-living-with-mental-illness-say-current-crisis-has-made-their-mental-health-worse/

[3] See the article – alcohol rehab in Bedfordshire.