World Mental Health Day 2023 is on Tuesday 10th October.
World Mental Health Day is about increasing awareness and understanding of mental health, and driving positive change. It’s an opportunity to start a conversation about mental health, and this year, we want to find out how our finances can impact our mental well being.
Do you feel your mental health is impacted by your finances, whether positively or negatively?
Mental health is a universal human right
The theme for World Mental Health Day 2023 is “Mental health is a universal human right”. The theme is set by the World Federation for Mental Health (WFMH), the founder of the day.
This year is also a special one, as it marks the 75th Anniversary of the WFMH. As part of this celebration, the organisation has launched the WFMH Global Campaign 2023, to recognise the important anniversary as well as World Mental Health Day 2023.
The WFMH Global Campaign is based on the theme of World Mental Health Day 2023, and all the campaign initiatives have the underlying theme of “Mental health is a universal human right”.
The WFMH state that the aim of their campaign is “to place mental health in a human rights framework to re-cast the aspiration for sound mental health as a fundamental human right”.
Mental health and finances
Money worries can impact mental health, and your mental health can impact your finances. Like the least fun merry-go-round ever.
Research by Money and Mental Health shows that in England alone, over 1.5 million people are experiencing both problem debt and mental health problems.
Key stats from the research show that:
- 46% of people in problem debt also have a mental health condition
- 18% of people with mental health conditions are in problem debt
- 86% of 5,500 respondents to a “Money and Mental Health” survey said that their financial situation had made their mental health problems worse
- 72% of 5,500 respondents to a “Money and Mental Health” survey said that their mental health conditions had made their financial situation worse