Welcome to the 292nd episode of the award-winning Diverse Minds podcast. In this episode, I examine the crucial intersection of stress, money, 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.
Listen to the episode
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In today’s show on Stress, Money and Mental Health
- Why stress, money and mental health is such a key topic right now. [01:42]
- Statistics around financial stress and mental health. [02:29]
- How financial stress impacts employees at work. [04:19]
- Practical steps organisations can implement to support employees’ financial wellbeing. [07:18]
- How to communicate financial support to employees to make support as accessible as possible. [14.28]
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.
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
Work with me
Have a look at my online work-life balance course on Thinkific. You can access it here: http://bit.ly/DMMHPONC
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: https://diverseminds.co.uk/solutions/coaching/
You can learn more about the coaching I do to support your wellbeing here.
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If you enjoyed this episode, then consider subscribing on Apple podcast, Spotify or wherever you access your podcasts from.
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Remember to tune in next week, where I’ll bring you more insights on mental health and inclusion.
