The Impact of Money on Your Mental Health

In the Friday Fix episode of The Verywell Mind Podcast, you'll find practical tips and exercises to support individuals dealing with mental health concerns.

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Friday Fix: Episode 98

The common saying, "Money can't buy happiness," holds some truth. However, it's crucial to acknowledge that money does have an effect on our overall well-being.

When faced with the struggle to pay bills, we often experience heightened distress, making it challenging to focus on anything besides the burden of debt. Nevertheless, it's important to remember that a high income doesn't guarantee freedom from debt, as many people live paycheck to paycheck regardless of their earnings.

The Connection between Financial and Mental Health:

• Debt can elevate the risk of mental health issues,
• Mental health problems can increase the likelihood of debt accumulation.

Navigating both mental health issues and severe financial strain can be overwhelming and leave you unsure of where to begin addressing either concern.

In this Friday Fix episode, we delve into the relationship between finances and mental health. We also provide five strategies to help you navigate both financial and mental health challenges.

As you start feeling better and reduce your debt, you'll likely experience substantial relief.

No matter how challenging your mental health or financial situation may seem, there are always positive steps you can take to address them — even if it initially appears daunting.

More About the Podcast:

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Reviews and ratings significantly contribute to encouraging others to listen, prioritizing their mental health as well.