The rising cost of living and the impact on mental health
The cost of living crisis is having a significant negative impact on financial and mental wellbeing across Australia and other parts of the world.
If you're feeling stressed about money or cost of living pressures, know you're not alone. Help is available. The earlier you seek support, the less stressful your life will feel.
The link between financial and mental health
Experiencing a mental health problem may make it more difficult to manage your finances.
Similarly, struggling with financial difficulties, can increase the likelihood of developing a mental health problem.
Financial impacts
A recent Beyond Blue Survey found that 46% respondents named financial pressure as a key factor in their distress.1
Mental health impacts
Cost-of-living pressures can lead to stress, relationship problems, violence and feeling overwhelmed, and can result in negative coping strategies, such as over-working, alcohol and substance abuse.2
