The mental health impact of the cost-of-living crisis

The cost of living crisis can have a significant impact on mental health. Here are some ways in which the cost of living crisis can impact mental health:
1. Financial stress: The cost of living crisis, including rising housing cost, food prices, and other essential expenses, can cause financial stress and anxiety.
2. Insecurity and uncertainty: The cost of living crisis can create a sense of insecurity and uncertainty about the future, particularly for those who are struggling to make ends meet. This can lead to feelings of stress and anxiety.
3. Increased pressure and workload: The cost of living crisis can increase the pressure and workload on individuals who are struggling to make ends meet. This can lead to burnout and exhaustion, which can impact mental health.
4. Reduced access to mental health care: For those who are struggling financially, access to mental health care can be limited. This can make it more difficult to manage mental health issues effectively.
5. Social isolation: Financial difficulties can create social isolation, as individuals may feel ashamed or embarrassed to talk about their struggles with friends and family. This can further exacerbate mental health issues.
It is important to seek support and help if you are struggling with the mental health impact of the cost of living crisis. This may include reaching out to health professionals, or professionals in relation to financial advice. You can seek help locally from Citizens Advice.
This blog is not intended to replace independent financial advice, if in doubt, please contact us.