When we think of mental health, we often associate it only with emotional resilience, stress, anxiety, or burnout. But there’s one critical factor that often slips under the radar—money. Financial wellbeing is more than just numbers in a bank account; it’s a cornerstone of mental stability. At SupportRoom, we believe it’s time to talk about the overlooked link between financial wellness and mental health—and more importantly, how to address it.
The Reality of Financial Stress
In today’s economic climate, financial stress is a silent epidemic. Whether it’s rising living costs, debt, housing insecurity, or the pressure of supporting a family, money troubles weigh heavily on people’s minds.
- A recent survey revealed that 57% of employees say finances are their number one source of stress, outranking health, work, and family issues.
- 42% of adults say money has a negative impact on their mental health, manifesting in anxiety, depression, and even insomnia.
- Financially stressed employees are 4x more likely to suffer from anxiety and panic attacks, and 2x more likely to experience burnout.
(Source: PwC Employee Financial Wellness Survey, Origin, and TIAA)
These statistics are not just numbers—they reflect real people struggling to cope, often silently.
A Two-Way Street: Mental Health and Financial Wellness
Financial problems and mental health issues often fuel each other. One doesn’t cause the other, but together they can create a downward spiral.
- When you’re anxious or depressed, it’s harder to focus, plan ahead, or make clear financial decisions.
- When you’re overwhelmed by debt or financial instability, it can lead to shame, hopelessness, or a feeling of being stuck.
It’s a vicious cycle. And unless we address both sides of the equation—mental and financial—sustainable wellbeing remains out of reach.
Why Employers Can’t Afford to Ignore It
This isn’t just a personal issue—it’s a workplace issue too. Employees distracted by financial concerns are less productive, more likely to take time off, and more prone to disengagement or burnout.
- 44% of financially stressed employees say their worries impact their performance at work.
- 25% admit to missing at least one full day of work in the past year due to money-related stress.
- Financially stressed employees are more likely to switch jobs in search of better pay or benefits.
This is where employers can make a difference—by offering resources that support both mental health and financial literacy.
How SupportRoom Is Closing the Gap
At SupportRoom, we’ve always focused on providing accessible, on-demand mental health support. But we know true wellbeing doesn’t exist in silos. That’s why we offer a platform that integrates mental, emotional, physical, and financial wellness—all in one place.
With SupportRoom, you get:
- 24/7 access to qualified therapists, coaches, and wellness experts
- Confidential financial wellbeing support, including guidance from certified professionals.
- Data-backed insights through our Heartbeat analytics platform—so companies can spot trends, identify risks, and take action early
- Workshops and webinars covering stress, financial planning, resilience, and more
This holistic approach helps organisations reduce absenteeism, improve retention, and create a healthier, more supportive culture.
The Power of Proactive Support
Addressing financial wellness isn’t about giving people more money. It’s about giving them the confidence, clarity, and mental space to take control of their lives.
SupportRoom empowers people with tools and support tailored to their real needs—helping them break the cycle of stress, make better decisions, and feel more in control of both their wallets and their wellbeing.
Let’s Talk About Financial Wellness
It’s time we stop treating financial wellness and mental health as separate conversations.
If you’re an HR leader, people manager, or simply someone who wants to create a better workplace—SupportRoom is here to help.
Visit SupportRoom to learn more about how we’re redefining wellbeing, one dimension at a time.
SupportRoom – Where real support meets real life.