Managing your money can be difficult, and your mental health can suffer if you are dealing with money worries like getting into debt, overspending and problems with benefits.
We know that debt can cause a lot of stress and impact on your mental health, but there are always options for dealing with it.
- Priority and non-priority debts
- Bank accounts and debt
- Drawing up a budget sheet
- Negotiating reduced payments to your debts
- Free Debt Management Plans
- Debt Arrangement Scheme
- Trust Deeds
- Formal bankruptcy or a ‘sequestration’
- Write Offs
- Will I be 'blacklisted'?
- What can creditors do if I don't pay?
- Should I tell creditors about my mental health?
- Getting help from a specialist adviser
- What to know about loan sharks
- Next steps
We know that many people are feeling the strain as the cost of living continues to increase. In this section, you will find information about how you can maintain your mental wellbeing at this time, alongside information on how to manage your money as your bills rise.
An elected person can manage your money if you want them to, but it's important to consider the facts before making any arrangements.
Understand the rules around borrowing money, and what options you have if you're too unwell to pay the money back.
Understand how you can pass your money and the things you own to a relative or someone close to you when you die.
In this section, we share the links between problem gambling and mental health conditions and offer advice for recovery.
Scams and fraud are unfortunately commonplace, especially on the internet. It isn’t always obvious when you encounter a scam. In this article, we’ll share some of the research and data on scams and fraud, who might be affected, the mental health effects of falling for a scam, how to report it, and how to keep yourself safe.
This insurance and mental health guide offers help for people living with a pre-existing mental health condition. You can find information on the type of coverage you may need, how to find the right insurer, a list of specialist insurance providers for people with mental health conditions, what your rights are and how to make a complaint about an insurer.
- Mental health and insurance cover
- What insurance might I need if I have a mental health condition?
- How to find the right Insurance cover with a mental health condition
- Specialist insurance providers for pre-existing mental health conditions
- What are my rights when applying for insurance with a mental health condition?
- How to make a complaint about an insurance decision made about your mental health
- Advice for insurance professionals working with a client who has a mental health condition