How Money Stress Affects Your Mental Health

Do you avoid looking at credit card statements, bills, and account balances?

Is money stress causing you to overeat, oversleep, or overthink?

Sounds like it’s time to have a conversation about money + mental health.

People with financial stress are 2x as likely to report poor overall health. They can’t sleep, are distracted, and often have poor relationships. If you already struggle with depression and anxiety, you’re 3x more likely to get into debt.

Maybe you’re one of them? Or you feel like you’re on your way there? Perhaps you’re there right now, reading this nodding your head, finally feeling seen.

I see you.
You are NOT alone.

As a Mental Health First Aid Canada Certified Practitioner, it’s important to me to make you aware that financial well-being is absolutely connected to your overall wellness. It’s as important as emotional and physical well-being if you’re looking to achieve overall health and happiness. And who isn’t?

But, what stops us?

Well, shame is a big one. Also the fear of being vulnerable or looking dumb.

I understand those feelings. I went through them myself. So I want to encourage you and give you hope, that if you can side-step around those feelings just for a moment, just long enough for you to speak up or reach out for help, you’ll quickly realize that having financial struggles is a very common thing. Getting help doesn’t mean you’re dumb – on the contrary!

Daring greatly means the courage to be vulnerable. It means to show up and be seen, to ask for what you need, to talk about how you’re feeling, to have the hard conversations. – Brene Brown

Of my 7 Pillars of Money Management framework, we spend a considerable amount of time on the Trauma-Informed Money Mindset pillar for a reason.

Your money mindset is your core beliefs about money and your attitude towards it. These are largely shaped by what you heard, overheard, learned (directly or indirectly), saw, and picked up from your own parents based on their situation, both personally and societally. In order to truly take control and be empowered around your money, you need to understand how this plays out in your life. 

Want to explore your Money Mindset?
Ready to change your relationship with money?

Join The Fempower Initiative. 

Questions? Email me directly: [email protected]

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