Mental health debt guide published
A recent poll by MoneySavingExpert.com found that people suffering from mental health issues are almost five times as likely to have severe debts as everyone else.
A new 40 page booklet, supported by among others Mind, Rethink and CAPUK, has now been made available for people with mental health problems.
It deals with how to handle debts, working with banks, debt counselling and whether to declare a condition.
There is also a checklist to help with cash management and reducing outgoings.
The booklet is available free from .
Comment number 1.
At 17th Mar 2011, U14816308 wrote:This comment was removed because the moderators found it broke the house rules. Explain.
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Comment number 2.
At 17th Mar 2011, melkinny360678 wrote:This comment was removed because the moderators found it broke the house rules. Explain.
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Comment number 3.
At 28th Mar 2011, JAS wrote:Thank you for sharing this resource! It will be very helpful. As someone who lives with bipolar disorder type 2, I know how easy it is to buy that new car or do a shopping spree when in hypomania. I have been very, very fortunate to be able to manage and eliminate most debt and hope to better steward my resources in the future.
Incidentally, I am very much responsible for my actions, whether sick or not. My case is supposedly mild and this could be a U.S. viewpoint.
Again, thank you!
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Comment number 4.
At 19th May 2011, yahoo789 wrote:how to be mentally strong during pregnancy.is this book helpful
sandy
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Comment number 5.
At 8th Jun 2011, socialfi wrote:Depression because of debt is very worrying, because there is a chance sufferers may need to take time off work which can make the situation much worse. People need to reach out to their employers to discuss the issues but sadly this isn't always well received. Someone in my family was scared to take time off in case it could affect future job opportunities. The has some good advice for both employees and employers as it recommends that employers make the issue less taboo by talking about mental health issues openly. A support network is something anyone struggling with debt/depression needs – and a workplace can provide this.
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Comment number 6.
At 20th Jul 2011, Tony wrote:I also came across this interesting infographic on debt which shows that as well as people with mental health issues, debt can also affect anyone from any walk of life or people who live in any area.
I think the message is generally that debt should not be such a taboo subject and it is ok to ask for help, no matter what your circumstances. The booklet from MoneySavingExpert is an excellent resource, and a step in the right direction.
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Comment number 7.
At 27th Jul 2011, Christos wrote:Thank you for the link, I've have just downloaded the booklet to read.
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