Tag Archives: worry

A friend in need…what to do if someone you know is in debt

posted by in Living with debt 3 Comments

Don't let your friend suffer in silence any longer.

Don’t let your friend suffer in silence any longer.

You’ve known for a while now that someone you care about is going through a rough patch with money.

Their face is constantly tight with worry and there’s a stack of bills on their side table. You can’t have a five-minute conversation without their phone ringing, and every time it does they let out a world-weary sigh.

There could be a whole host of reasons why they’re struggling, some you may not even be aware of. Maybe they recently had their hours cut at work, or their partner walked out. Perhaps their household expenses have been creeping up in price over time (you no doubt know yourself how expensive things are these days). You want to help but don’t know how.

Continue reading »

Tags

Let’s get physical: Fitness and your mental health

posted by in Living with debt 1 Comment

exercise-a-z-comp

Physical activity is good for the mind as well as the body

This year for Mental Health Awareness Week, the Mental Health Foundation are focusing on the positive effects exercise has on our overall wellbeing. Many of us wish we lived a healthier lifestyle, but putting it into practice can seem easier said than done.

A recent press release from the Mental Health Foundation claims that people would rather do boring housework than work out, and 28% of us exercise less than once a month.

Our Wellbeing guide outlines not just the physical benefits of exercise but the emotional and mental ones too. People who have good mental health are likely to feel more in control of their lives, and their debt. Is there a way to sneak exercise into our busy lives?

Continue reading »

Tags

The stress of dealing with debt alone

posted by in Living with debt Leave a comment

CCCS0357

No one should ever have to deal with debt alone

Mother Theresa was once quoted as saying “The most terrible (form of) poverty is loneliness”. Considering that in today’s society loneliness is said to be on the rise, she may well have been onto something.

Problem debt and rising living costs are a burden for many people, but it seems that people living alone have it especially tough. A 2011 study by Co-operatives UK found that 51% of a single person’s income goes on essential items such as housing, food and utilities compared just 30% of income earned by people living together. Dealing with this kind of pressure can surely intensify the negative feelings a lonely person goes through.

There’s more: according to the 2010 Lonely Society report by the Mental Health Foundation, the percentage of households occupied by one person more than doubled from 6% in 1972 to 12% in 2008. They also stated that more than a third of us (42%) have felt depressed because we felt alone.

If you take a look at our Debt in Mind page you’ll see quotes from actual clients expressing deep feelings of loneliness and despair. Debt and these feelings are often linked. If you’re feeling lonely it helps to understand more about these feelings. 

Continue reading »

Tags

Your relationship, your debt and your mental health

posted by in Living with debt Leave a comment

Debt problems can destroy even the healthiest of relationships

Debt can harm even the healthiest of relationships

It’s long been a concern of ours that so many people who struggle with debt feel a knock-on effect with their relationships.

There’s reason to be worried; our infographic for Mental Health Awareness Week highlights that 6.2 million people are hiding their debt from their partners. What’s more, 35% of people with debt problems said their relationship suffered or ended completely due to debt worry.

As Peer mentioned in a previous article, debt due to separation or divorce is a real problem all across the UK.  Luckily, our Wellbeing guide has a few suggestions to help keep your relationship on track during times of stress.

Continue reading »

Tags