|Blog Article|||||By HeadUp||14 July 2020|
Staying in balance at the moment isn't easy. Which is why our HeadUp partners are here to help you, with some advice on managing your money and your mind to help you stay healthy.
If you’re feeling anxious about the economic impact of COVID-19, you’re not alone. Many of us are. We know that when people are worried about money, it can be really difficult to keep our emotions in check, especially for those of us taking care of family and loved ones. That’s why at a time like this, it’s important to recognise and address the strain that financial stress can put on your mental and physical health.
Scientific research, published in the Journal of Child and Family Studies , tells us that as financial stress increases, so too does the prevalence of mental health problems. Other studies have also linked this stress to increased alcohol and drug abuse.
If you’re feeling weighed down by economic uncertainty, here are four things you can do to help lift the emotional burden:
Plan a budget. Look at how much money you’ve got coming in and how much you can afford to spend. You may need to really cut back for a while, but it will be worth it when we’re on the other side of lockdown.
Talk to your creditors. After planning a budget, if you think you’ll struggle to pay essential bills, call those providers to discuss it before you miss a payment. They’re there to help and it may help you avoid any late payment fees.
Get professional advice. Look for reputable resources like the Money Advice Service, sponsored by the UK Department for Work and Pensions. This website provides free budget planning, financial advice, and confidential help.
Share your concerns. Discuss how you’re feeling with a trusted friend or family member. Prefer to remain anonymous? Organisations such as Mind.org.uk can connect you with peer support and professional help online. No judgement, just people helping people – because together we’ll get through this.
Many people are in the same boat as you right now. Getting help with your money situation can take a lot of stress away, which can help you feel positive. Keep an eye out for more blogs on keeping your finances in check on our hub. We’re here to support you through this challenging pandemic.
 Journal of Child and Family Studies
 Journal of Studies on Alcohol and Drugs
HeadUp is a leading science and technology company. The HeadUp app helps users analyse, manage and improve their overall health and lifestyle. Users sync their device to the app and see their personal health dashboard come to life. The app paints a clear picture of their health, identifies areas that need more love and helps them make the changes they need to live a happier, healthier life.
Our phone lines are very busy at the moment, and our contact team may be working in isolation. LiveChat will provide quicker service. Or if you'd prefer to speak to someone, use our contact page to contact us.
We apologise for any wait you may encounter.
This material may contain links to other websites operated by third parties. It is the responsibility of third parties to ensure such material and websites comply with all relevant laws and regulations. To the maximum extent permissible by law Simplyhealth disclaims all responsibility for such websites.