Earlier this week we looked at the impact money can have on mental health, in this article we look at the reverse of that and how mental health can have an impact on finances.

Often when experiencing mental health problems it can have an impact on your finances caused by the symptoms you may experiencing. This can then create more challenges for you to overcome when you are recovered.

Mental health problems could mean that individuals can make unwise decisions around financial matters or it could be the energy to keep track of money isn’t possible.

Specific examples of how mental health can impact managing your finances include:
  • Impact on ability to work and therefore reduced income
  • Experiencing depression can mean the ability to concentrate on and manage finance goes
  • Potential to make unwise or rash decisions
At City and Hackney Mind we offer a range of Resources and Help should you or someone you know would like some support.