Mental Health Awareness Week 2024 – tips to boosting your financial wellbeing
Posted on 13th May 24
Financial Wellbeing. It might sound intimidating, but it simply means feeling secure and in control of your money. It’s not about being a millionaire, but rather having a healthy relationship with your finances. Let’s face it, money can be a major source of stress. Worrying about bills, loans, and saving for the future can take a toll on your mental health and overall wellbeing. The good news is you can break free from this negative cycle.
Improve your financial wellbeing:
- Track Your Spending: Awareness is key. Track your income and expenses for a month to understand where your money goes.
- Create a Budget: There are plenty of free tools and apps to create a realistic budget that allocates funds for savings and expenses.
- Get Advice: Don’t be afraid to seek professional financial advice if you need help managing your money or developing a plan.
- Set Goals: Set small goals to help yourself meet expectations and celebrate small wins. Break down larger targets into smaller, more achievable goals.
The connection between money and mental health is undeniable. While financial stress can be a burden, taking charge of your finances can be a powerful tool for improving your wellbeing.
Remember, you don’t have to become a financial genius overnight. Start small, celebrate your progress, and don’t be afraid to ask for help. By prioritising both financial wellbeing and mental health, you’re investing in a happier, healthier, and more secure future.
Visit https://www.mentalhealth.org.uk/ for more information on Mental Health Awareness Week 2024.
