New Beyond Blue data shows financial pressure is the leading external stressor affecting Australians’ relationships, with many people experiencing strain on the connections they rely on most for their mental health.
The latest community poll* commissioned by Beyond Blue found financial pressure was the biggest external stressor affecting mental health for nearly half of Australians (47%), and the strongest external stressor on relationships for 43% of people.
Beyond Blue CEO Georgie Harman AO said the findings show financial pressure is placing strain on relationships at a time when connection matters most.
“In times of financial stress, relationships can be one of our greatest sources of support, ” Ms Harman said.
“But when financial stress is also putting pressure on those relationships, it can make them harder to lean on at a time when support matters most. Beyond Blue has several free, practical tools to help – from immediate counselling to our money and mental health toolkit, and updated advice on building and maintaining healthy relationships,” Ms Harman said.
Key findings
The Beyond Blue data also shows people experiencing both financial stress and relationship strain are the least hopeful about the future of society, highlighting how social disconnection can amplify distress and uncertainty.
Ms Harman said the findings highlight a link between how much mental health is affected by financial pressure and relationships.
“Financial stress can affect how people feel day to day, and it can also change how we communicate, make decisions and relate to others,” she said.
“Personal relationships and community connections play an important protective role in how we navigate difficult experiences together. Feeling supported and connected can also help us cope and maintain hope, even when external pressures remain.”
“If we can find ways to strengthen our connections with the people we rely on, and care about, instead of letting the pressure pull us apart, we’ll be stronger as individuals and communities.”
Beyond Blue Clinical Psychologist Dr Luke Martin said financial stress can change how people connect with others, often in subtle ways.
“When money is tight or uncertain, it creates pressure that can drive a wedge between people making conflict and communication problems more common, while also leading some to withdraw and pull back from their relationships or social activities” Dr Martin said.
“It’s not because people don’t care, the stress they’re carrying can make people more on edge, emotionally reactive or withdrawn.”
Dr Martin said there are ways to protect and even strengthen relationships during periods of financial pressure and uncertainty, including:
Support is available