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Exploring mental health and personal finance

Mental wellbeing has rightly been the subject of a lot of attention in recent years. An often overlooked factor in people’s mental wellbeing is personal finance. This article explores the relationship between mental health and personal finance.

Mental wellbeing has rightly come increasingly into focus over the past several years. However, one aspect of mental wellbeing that is less often discussed is the significant correlation between mental wellbeing issues and financial hardship.

The issue of money and mental wellbeing is a vicious circle because worrying about money can damage our mental wellbeing and poor mental wellbeing can make it harder to make good financial decisions. In this article, we explore the connection between mental wellbeing and personal finance, and discuss ways of organising our finances in a way that reduces the risk of poor mental wellbeing impacting our finances and vice-versa.