Research shows that financial issues and mental health problems often go hand-in-hand. Financial wellness is an important part of the happiness equation, and happiness is part of having good mental health.
According to Dena Roten, Managing Director and Head of Citi® US Branch Network, “Financial wellness is about developing a healthy relationship with money—to include feeling a sense of control over short-term financial obligations while also successfully working toward moderate and longer term goals.”
Today, on World Mental Health day, we shine the spotlight on mental health and wellness and focus on how our financial situation whether good or bad, can contribute to our mental state of being.
One’s mental health is often taken for granted, as life’s everyday stressors, including financial woes, continue to weigh down.
Financial stress can manifest itself in many ways and taking care of your body with adequate sleep, exercise and nutrition, socializing with supportive people, engaging in leisure activities (even when you don’t feel like it) and setting aside time to take care of your needs (like managing your budget), can help improve your psychological well-being.
Here are some quick tips to help you better cope with financial strain and worry.
Financial health should therefore be incorporated into your new wellness routine.
If you are struggling to build mental strength, get professional help.
As we recognise World Mental Health Day, let us recommit to taking better care of our financial well being and work towards making smart financial decisions that will benefit ourselves and our families. Read more of our Blog posts and articles to get started, and safeguard your peace of mind.
About World Mental Health Day 2019
World Mental Health Day (WMHD) is observed on October 10th every year, with the overall objective of raising awareness of mental health issues around the world and mobilizing efforts in support of mental health. This day provides an opportunity for all stakeholders working on mental health issues, to talk about their work and what needs to be done to make mental health care a reality for people worldwide.
The focus for WMHD this year is suicide and suicide prevention. Suicides and suicide attempts have a ripple effect that impact families, friends, colleagues, communities and societies. Suicides are preventable. There is so much that can be done to prevent suicide at individual, community and national levels. If you or someone you know is struggling with a mental illness or has thoughts of suicide, we urge you to take note of the following;
Click here for more information from the Ministry of Health and for the Mental Health Directory.