Money & Mental Health – Practical Financial Skills to Manage Money

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Everyone wants to make their money go further. Setting up a budget, staying on top of your bills and living within your means – it can all pay off. It’s a good feeling being in control of your finances. And managing money is a skill we should all have – but it’s often something we’re not taught at school. For most of us, we learn as we go, and this could involve a few costly mistakes.

Financial pressures can affect all of us. We’ve all reached the end of the month struggling to make ends meet. But without action, it’s easy for bad habits to form and problems to snowball. The link between money and mental health or wellbeing is a complex one.

Worrying about money can make our mental health worse, but poor mental wellbeing can also make it harder to manage finances. It can affect people in different ways, but starting to understand your behaviour can help you make responsible choices.

Here you can learn about:

  • An introduction to money management
    • Key money worries
    • Talking about money and mental wellbeing
    • Why you need you manage your money
  • How money can affect your mental health
    • Tips for managing the effects of money pressures
    • Taking control after poor mental wellbeing
  • Practical financial skills to take control of your finances
    • Making money management a habit
    • How technology can help
    • How to combat debt
    • What financial support has been available during COVID-19?

Find these useful resources here.

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