Money and Mental health

Tara Gillespie

Money and mental health are dangerously intertwined. Money causes us a great deal of stress. 

Complex jargon, not having enough, rising costs, income uncertainty. You name it, it causes us worry! 

Worse still, people who have mental health issues are 3 times more likely to be in debt and have money troubles. 

As with many things, talking about these things can really help! Just like mental health, money issues can be hard to talk about - and, frankly, you don’t need to talk to everyone about it. But speaking to someone who you trust and being honest about what you’re struggling with can really relieve the burden. 

If you are worried about money, confused by the world of finance or want to take control of your financial future then here is something for you!

Introducing the Best Intentions Date. 

Get in touch with someone you can really rely on. One of those people you would call when shit is really hitting the fan, and set up a Best Intentions Date. 

What is a Best Intentions Date? 

Where you hang out (dinner and wine optional) and have an open conversation about your wellbeing. STARTING WITH MONEY! We are firm believers in tackling the difficult stuff first. Save the fun chats of swapping exercise tips and healthy recipes for later. 

For your first date, get it all out.. 

The answers to these questions will help you see where to focus your energy and how you can best support each other. 

On this date, take our Financial Health Check to get your very own personalised nudge of what you each need to focus on and how you can build your confidence with money together. 

And if you can’t wait for the date, here are our top tips for your money to get you started:

  1. 50/30/20 rule for your spending - 50% on living costs, 30% of fun stuff and 20% in savings
  2. Pay yourself first - money left in the bank will be spent
  3. There is such a thing as free money - £1 invested today could be worth £2 in 10 years
  4. Investing is for everyone and it can be super simple to do - no excuses, get invested!

If you know someone who is suffering from mental health issues. Someone who has trusted you enough to confide in you about it. Then why not reach out to them and see if they want to have wellbeing date with you? You never know, they might have been silently crying out for some support.