Top tips and advice
The top Mental Health & Money Advice
What is the impact of savings on mental health?
Having savings can not only help you meet purchase goals over time, it can be a great benefit to our mental health and sense of security. In this blog, we’ll talk about the mental health benefits of having savings, including some advice on how to start.
29 August 2024
What does the Budget 2024 mean for you?
On Wednesday 6th March, Chancellor Jeremey Hunt announced a broad range of measures that could impact your household’s finances. In this article we will provide a concise overview of the proposed measures which may help you plan and budget for the future.
06 March 2024
What does the Autumn Statement 2023 mean for you?
On Wednesday 22nd November, Chancellor Jeremy Hunt announced a range of measures that will impact many people financially in various aspects of their lives. There has been a lot of speculation about the impact the changes may bring in the midst of a cost-of-living crisis which will naturally cause anxiety and concern. In this blog, we will highlight what changes are being planned and how they may impact your personal and household finances.
24 November 2023
How to save money at Christmas 2023 and New Year's 2024
The holiday season, including Christmas, New Year’s, Hanukkah, and Kwanzaa, is typically a time of gift-giving, dinners, parties, and celebration, but all of this can bring added financial stress, particularly during the continuing cost-of-living crisis. For the 2023 holiday season and beyond, we've compiled a new list of tips and advice for saving money that builds on our page from last year.
13 November 2023
This Talk Money Week, read our conversation guides around money worries
Talk Money Week (November 6th – 12th), run by Money and Pensions Service, is an annual awareness campaign devoted to encouraging us to be more open about money worries and finances with our loved ones. Making money matters easily digestible is at the heart of what we do at Mental Health and Money Advice, so we want to encourage you to read our guides to support you in having open conversations about money.
06 November 2023
Should you be worried about rising mortgage interest rates?
Mortgage rates have hit the highest since the 2008 financial crisis and recession, prompting many homeowners and renters to worry about what this might mean for their home security. In this article, we’ll cover the details of why housing security is so important to mental health, what rates are rising, who it may impact, what to do if you’re feeling worried, and what support is available.
19 July 2023
What is financial anxiety?
Financial anxiety, or money anxiety, is a feeling of worry about your money situation. This can include your income, your job security, your debts, and your ability to afford necessities and non-essentials. For Mental Health Awareness Week, we take a look at some of the causes and symptoms of financial anxiety, and how to cope with them.
16 May 2023
World Bipolar Day
Here at the Mental Health and Money Advice Service, we receive many referrals from people who live with bipolar disorder and are struggling to manage their finances. In this article, we explore some of the ways you can manage your finances as well as the support available.
30 March 2023
Which Cost-of-Living Payments Have Been Announced for 2023
With the cost-of-living crisis continuing to affect our financial and mental health, we discuss the newly announced cost-of-living grants for 2023, including who is eligible to receive these cost-of-living payments and what support is available to you.
23 January 2023
How to save money this Christmas and New Year’s
The holiday season, including Christmas and New Year's, can be a stressful time for your finances, especially during the cost-of-living crisis. From tips for cutting back to ways you can save money on presents, check out our tips for saving money and improving your mental health in the process this holiday season.
13 December 2022
Tips for managing your money and mental health in 2023
Planning ahead at the start of a new year can help you manage your money better while also helping you manage your mental health and stress related to money. We share tips and advice for helping you manage your money in 2023, pay off your debts, and afford the things you want.
12 December 2022
FCA announces new rules on 'buy now pay later' products and overdrafts
The Financial Conduct Authority (FCA) has announced new regulations on Buy Now Pay Later products and Overdrafts. Sarah-Jayne Whitson explains the new rules and considers if we are moving towards a lending society of affordable credit?
31 October 2019
What to do if money worries are affecting your mental health
The Mentally Yours podcast focused on money and mental health for Mental Health Awareness Week. Find out what Sarah Murphy, a founding member of the Mental Health and Money Advice service, had to say if money worries are affecting your mental health.
24 May 2018
Why the Mental Health and Money Advice service is helping people with mental illness and money issues
At the Mental Health and Money Advice service, we acknowledge the need to support people who are affected by mental health and money problems. Find out how we are determined to offer help and support to those in need.
11 May 2018