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The link between financial health and mental health is deeper than many realise. Financial stress can take a serious toll on mental wellbeing, creating a cycle that’s tough to break. Taking proactive steps to improve your financial situation can significantly reduce stress, improve your quality of life, and pave the way for a more secure future. At Wave Community Bank, we're committed to supporting your financial resilience. Our products and services are designed to not only help you manage your finances but also boost your overall mental and emotional wellbeing. ?? Discover more about how financial wellbeing affects mental health and explore actionable steps to improve both. Read our latest blog now - https://lnkd.in/eaTuiw7K #FinancialWellbeing #MentalHealthMatters #BreakTheCycle #StressFreeFinances #FinancialResilience #MindAndMoney #SecureFuture #MentalHealthAwareness #FinancialFreedom #WaveCommunityBank

We’re all aware of the mental health epidemic and cost of living challenges, but how do they combine to affect working life? In our latest blog post, Suzie Nedza discusses how employers can address financial wellbeing in the workplace. Read the article here: https://lnkd.in/d_usJpxT

A message from me to you on the World Mental Health Day 2024 ?? Between 2015 and 2017, I went through some of the hardest times in my life and suffered from severe mental health and anxiety issues. Although things have improved since then,?they never quite returned to how they were before. So I'm aware of how draining poor mental health can be, especially when you’re trying to balance personal and professional commitments. The sad part is that labour laws protect time off for many personal reasons, but mental health isn’t one of them. Today, one does not feel comfortable taking sick leave for mental health because society tends to equate "sickness" with only physical conditions. The mental aspect is largely overlooked. ?? The World Health Organization (WHO) estimates that mental health issues cost the global economy $1 trillion each year due to lost productivity - equating to 12 billion workdays lost annually. And that’s crazy! ?? It’s clear that neglecting mental health isn’t just harmful to employees, but also detrimental to businesses and their financial performance. ?? The theme for World Mental Health Day 2024 is "It’s Time to Prioritize Mental Health in the Workplace,” and I feel grateful every day to be working in an organization that prioritizes mental health. This year, we’ve made Mental Health Leave official in our organization ZapScale and we’re encouraging other employers to follow suit. Please please please, let’s normalise taking leave for mental health reasons. To support this change, we’ve launched a petition on change.org to raise awareness and initiate conversations with stakeholders, employees, and employers across the globe. It would be lovely if you could join us ?? https://chng.it/DvJVFYTL5H Thank you. I hope you have a wonderful week ahead. CDSCO FDA India MoHFW World Health Organization United Nations Linkedin News #WorldMentalHealthDay #MentalHealth #Anxiety #MentalHealthMatters #MentalHealthAwareness #Workplace

Finances FYI: We recognize the intersection of financial wellness and mental health as crucial for overall well-being. Fortunately, an increasing number of apps address both aspects, providing users with tools to improve their financial literacy while supporting their mental health.

54% of employees say their mental health has declined due to money worries It’s Mental Health Awareness Week and new research findings have revealed the importance of tackling money stigma at work. 60% of employees have worried about money at least once a week in the past three months and 54% say their mental health is worse as a result. Despite this, 74% have not told their employer about the issues they are facing, due to issues like money stigma and a lack of trust. This week,?Wagestream will be releasing a new report -?Mind Over Money?- which explores the impact money worries can have on us at work and how employers can support. Read more about our survey findings below

Financial #anxiety affects 72% of Americans, taking a significant toll on mental health and workplace #productivity. In our latest #medium article, we dive into the hidden impacts of financial stress and explore effective strategies to manage it. Discover how financial wellness can transform mental well-being and boost performance. Read the full article here ? https://lnkd.in/edYb_5ga

Today I'm discussing loneliness through the eyes of personal experience. https://lnkd.in/eDf5nvBJ #livegoodenough #livegoodenoughnow #mentalhealth #loneliness #menshealthweek

How to support employees through financial difficulties and mental health challenges: ?? Understand the Cycle: Financial difficulties and mental health issues reinforce each other. ?? Address Stigma: Normalise financial struggles to reduce shame. ?? Improve Communication: Use inclusive, non-judgmental language to discuss financial health. ?? Leverage Data: Share statistics and stories to illustrate common experiences. ?? Know Your Employees: Understand and address diverse employee backgrounds and challenges. ?? Engage Proactively: Communicate frequently about available support. ?? Promote Storytelling: Encourage sharing personal stories to reduce stigma and encourage seeking help. Just some of the key takeaways from our recent webinar on supporting employees through financial difficulties and mental health challenges. A big thank you to our speakers Helen McNicholas, Tori Monks, Paul Barrett, Rebecca Eaton, Carla Hoppe, and Ethan C. for their invaluable insights! For more practical steps on financial difficulties and mental health in the workplace, read our latest blog. ?? Read More: https://lnkd.in/gCDh7MMd #MentalHealth #FinancialWellbeing #WorkplaceWellbeing #ThisIsMe #PowerOfInclusion #ChangeStartsTogether #EndTheStigma

“Self-care is selfish.” That’s what so many mothers and carers tell me. They struggle with the idea of spending on themselves, feeling bad for having fun and not giving their everything to others. And often, wear themselves thin and struggle to do the things they want to do. We support clients at Mind Over Money? by reminding them of the importance of self-care. Shared for you, here's why treating yourself is not just okay, but essential for both you and others: ?? 1. Refilling Your Cup: As someone who constantly gives to others, your wellbeing is the source of your strength. Investing in self-care isn't selfish; it’s necessary to replenish the energy and patience you need to care for your loved ones effectively. ?? 2. Modelling Healthy Behaviour: By prioritising your own self-care, you set a powerful example for your children or those you care for. You teach them the importance of personal wellbeing, mental health and setting boundaries - lessons that are valuable throughout life. ?? 3. Maintaining Your Identity: In your role as a carer, it's easy to lose sight of your own identity and needs. Engaging in activities that you love and that make you feel good is essential to maintaining a sense of self. ?? 4. Strengthening Relationships: When you're mentally and emotionally healthy, your relationships benefit. Taking time for self-care can actually improve the quality of the care you provide and enhance your interactions with loved ones. ?? 5. Preventing Burnout: Carer burnout is real. Regular self-care acts as a preventive measure, helping you to stay mentally and physically healthy and reducing the risk of burnout. ?? I work with a lot of parents and carers through Mind Over Money and supporting them to turn these thoughts around feels so good. Remember, spending on self-care isn't a luxury; it’s an integral part of being a responsible human, as when you're at your best, you can give your best to those who depend on you. Do you relate? #Parenting #Carers #SelfCare #MentalHealth #FamilyWellness #FinancialWellbeing #FinancialEducation #MindOverMoney Mind Over Money?

Today is the start of #MentalHealthAwarenessWeek2024. Talking about things that trouble you may help. But making people feel comfortable enough to talk is difficult. We fully appreciate that. Especially when the subject matter is deeply personal. Your mental health is so, so important. It can affect how we feel, think and act. It can heavily influence our emotional, psychological and social wellbeing. Over the last few years there has been huge progress when it comes to addressing the stigma associated with mental health. That progress has been notable within the workplace. However, when it comes to conversing about financial wellbeing there is a notable drop. At Lifetime we believe that your financial health also affects your mental health. That belief is backed up by a key statistic from our latest employee survey, which showed that over 90% acknowledged that their financial situation could affect their mental health!. The link between financial and mental wellbeing is clear. There is no point in businesses spending money attempting to improve their employees’ mental wellbeing without a focus on financial health too. Encouraging employees to talk about money and giving them answers in a safe, neutral environment could change their whole financial perspective, helping them enjoy the here and now, while also planning for the future. Questions that staff may be asking themselves might include: * Can I keep on paying my current bills? * Can I afford to buy a house or start a family? * How should I budget for my weekly shop? * Will my family be OK if I am unable to work? * When can I retire? * Will my current pension provide a comfortable income in the future? If you, as a caring, considerate employer, want to help your staff answer the big questions in their lives, and enjoy good mental and financial health, then let's have a chat: https://buff.ly/38CUZeg #mentalawarenessweek #mentalhealth #financialhealth #financialplanning #financialwellbeing