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Money, work and housing

Worrying about your financial situation, work issues or your housing situation can have a negative effect on your mental health.

Money worries and mental health

Money and mental health are often linked. Poor mental health can make managing money harder, and worrying about money can make your mental health worse.

Not having enough money or being in debt can make you feel:

  • out of control
  • hopeless
  • embarrassed
  • guilty
  • depressed and anxious

There are lots of sources of support and information that can help if you're facing money worries, including helping you manage your debt, which can help reduce the immediate stress and feel more in control.

If you are worried about your financial situation during the coronavirus (COVID-19) outbreak, it might help to understand your rights. If you have not already, talk with your employer about staying at home and self-isolating, and learn about your sick pay and rights benefits.

Knowing the details can reduce worry and help you feel more in control.

Work and unemployment issues

Having a job can help us feel a sense of achievement, give us a feeling of belonging and connect us to others, on top of the obvious financial benefits.

But if we face stressful situations in the workplace or are unable to work, it can have a big impact on our health and wellbeing.

We sometimes face difficult issues around work, which may include:

  • a lack of control of our workload
  • high demands on our time and energy
  • fear of redundancy
  • poor line management
  • difficult relationships with colleagues
  • bullying or harassment in the workplace
  • workplace discrimination

It's not always clear what the best thing to do is, but if work issues are becoming difficult to deal with, there are ways you can get help.

Being out of work can affect our sense of identity and purpose, cause money worries and may make it difficult to maintain self-confidence, particularly if you're unable to work or have been made redundant or unemployed.

It may also damage your confidence if you have missed out on opportunities or are stuck in a career rut, or do not know what to do next.

Although retirement is something many of us look forward to, it can also be a challenging time. But there are things you can do to help ease this transition from working life.

There are lots of sources of support and information that can help if you have problems at work or getting a job.

Our home environment and mental health

Damp or cold housing, overcrowding, problems with landlords and debt can all be bad for our mental wellbeing, even when we think the problem is only temporary or we know how to fix it.

Homelessness is extremely stressful and many of the things that cause it are beyond our control, such as disability and poverty.

Being homeless can make it even harder for someone with poor mental health to recover and find secure, stable housing and a job, as well as making it harder to form healthy relationships.

There are lots of sources of support and information that can help if you have housing issues.