#292 Stress, Money and Mental Health

Welcome to the 292nd episode of the award-winning Diverse Minds podcast. In this episode, I examine the crucial intersection of stress, finances, and mental health, particularly in the workplace.

Following Stress Awareness Day, I explore how financial difficulties affect mental wellbeing and what organisations can do to support employees through strategic stress management and financial wellbeing initiatives.

In today’s show on Stress, Money and Mental Health

• Why this year's Stress Awareness Day theme focuses on optimising employee wellbeing through strategic stress management. [00:36]
• The stark statistics linking financial stress and mental health. [01:39]
• How employers are responding to financial well-being. [03:38]
• Some short-term practical steps organisations can implement to support employees' financial well-being. [07:18]
• How employers can create a supportive organisational culture. [12:52]

.stk-91ebae5 {height:30px !important;}

Quotes on Stress, Money and Mental Health

• Over 1.5 million people in England are experiencing both debt and mental health problems.
• People with depression and problem debt are 4.2 times more likely to still have depression 18 months later than people without financial difficulties.
• People with problem debt are three times as likely to have thought about suicide in the past year.
• More than 100,000 people in England attempt suicide while in problem debt every year.
• People with diagnosed mental health conditions have a median gross annual income of £2,376, less than people without mental health problems.

.stk-ba39a0c {height:30px !important;}

Resources for Stress, Money and Mental Health

• Money and Mental Health Institute
• CIPD Financial Wellbeing Report - Thought Leadership on Employee Financial Wellbeing
• Diverse Minds article: What Makes Stress So Alluring
• Money and mental health problems: breaking the link
• Citizens Advice Bureau for debt advice
• National Debt Line
• Money Helper
• Too Good To Go
• Olio
• Episode #112: Cultural Money Stories and Mindsets
• Episode #179: Campaigning against Poverty to support Mental Health
• Download the free 200-episode guide with clickable links HERE.
• Join my Mailing List and receive a white paper on mental health and inclusion here
• Check out my TEDx talk: The Connection between Culture, Race and Mental Health
• Leave me a message on my SpeakPipe

.stk-0a30c05 {height:30px !important;}

Work with me

Have a look at my online work-life balance course on Thinkific. You can access it here: http://bit.ly/DMMHPONC

.stk-d762e95 {height:30px !important;}

One-hour focused Sessions £250 1-2-1

Power Hour Sessions for Organisations

Complete the form to discuss your training needs: https://forms.gle/hgnYtmTu33Zeem489

Check out my FAQs here: http://diverseminds.co.uk/solutions/coaching/

You can learn more about the coaching I do to support your wellbeing here. 

.stk-1ca2f54 {height:30px !important;}

Subscribe to the podcast 

If you enjoyed this episode, then consider subscribing on Apple podcast, Spotify or wherever you access your podcasts from.

If you enjoyed it, why not leave a review? 

You can also connect with me on Facebook, Twitter, and LinkedIn.  

Remember to tune in next week, where I’ll bring you more insights on mental health and inclusion.