Money too tight to mention
More than one in five Brits are suffering from mental health issues due to their financial situation, says credit management company Lowell who have conducted research into the financial hardships facing the nation in 2022.
The research revealed that more than a quarter of us (27 per cent) no longer have the ability to save money, and that in many cases concerns about making ends meet on an ever-tightening budget is leading to stress, anxiety or depression. The biggest anxiety, according to the survey, is the inability to put any money away for a rainy day, but families also worry about paying bills and losing their house. This has impacted on their relationships within the family, but it is also having a worrying effect on sleep patterns and even leading to weight loss.
For more information on financial hardships visit www.lowell.co.uk/about-us/lowells-blog/wellbeing/how-debt-can-affect-your-everyday-life/