Money on My Mind
Overview
Money worries can have a big impact on our mental health and wellbeing. With living costs rising and the winter quickly approaching we want to make sure that our communities are as prepared as possible.
In October we launched the Money on My Mind series, which is a joint partnership between Off the Record Youth Counselling and the Croydon BME Forum.
We surveyed members of the community to gain a general view of what people were mostly struggling with in order to identify what information and support was needed. These findings have informed our Money on My Mind series.
- 77% of those who responded had an annual income of under 20K.
- About 86% of our respondents have experienced anxiety, depression, low mood or stress as a result of money worries.
- About 45% of those who responded don't turn to anyone for financial support or advice.
- Top 3 financial worries are (i) paying essential bills, (ii) paying rent/mortgage and (iii) being unable to socialise.
- Investment, budgeting and banking are the 3 topics that most respondents were interested in learning more about.
