Charity working to break the link between financial difficulty and mental health problems. Founded by @MartinSLewis. Led by @helen_undy.
United Kingdom
Joined January 2016
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We want the government and regulators to make sure open banking and other financial data sharing works for people with mental health problems - ensuring people have clear information, meaningful control and strong safeguards.
Read more in our new report: moneyandmentalhealth.org/pub…
📢 Our new report finds that 2 in 5 UK adults who are unemployed or economically inactive have a common mental health condition.
Many people in this group want to work and can with the right support. But too often, employment support and workplaces aren’t meeting their needs.
We’re calling for better employment support and more supportive workplaces, not tougher benefits sanctions, to help people find and stay in good work: moneyandmentalhealth.org/pub…
This research is part of the Head On Campaign, a coalition of over 20 UK mental health charities.
Today we are launching the Suicide Prevention Action Lab – a ground-breaking programme to help banks transform support for customers at risk of suicide.
Read more, including our Chair and Founder @MartinSLewis’ full reaction to this announcement: moneyandmentalhealth.org/pre…
ALT “I’m delighted and thankful so many major banks have committed to working with Money and Mental Health on our new Suicide Prevention Action Lab... We aim to get under the bonnet with banks to find the gaps, test new ways to identify and support people in crisis, and drive change not just with those who’ve signed up but right across the sector – and potentially save lives.” Martin Lewis CBE, Founder and Chair, Money and Mental Health.
Money and Mental Health retweeted
Money & mental health problems are a marriage made in hell! MH issues mean 3x more likely to be in debt crisis; financial issues can slow depression treatment. I set up @MMHPI 10yrs ago to help. Got lived experience pls join the Research Community... MoneyAndMentalHealth.org/com…
A big win on council tax debt collection!
For 18 months we’ve been campaigning to make council tax debt collection less rapid and aggressive. And the government has listened.
Our Chair and Founder @MartinSLewis welcomes this news. 1/2
ALT “Council Tax debt collection is so aggressive it’d make banks blush... We’ve spent the last 18 months campaigning hard to change this hideous system, and having seen so much pain caused by it, I’m genuinely moved by this huge first step towards making things better.” - Martin Lewis CBE, Founder and Chair, Money and Mental Health.
You can read more about what these changes mean, and Martin’s reaction in full, on our website: moneyandmentalhealth.org/pre… 2/2
🚨 New report
📢 We’re calling on the government to work with regulators to create a ‘Share Once’ support system, to offer people a safe and easy one-stop shop for disclosing their needs to all the essential services they deal with.
As our Chair and Founder @MartinSLewis says: “The government has a Tell Us Once system for when someone dies, yet we lack the same for those who are alive and struggling. That makes no sense. We need a single simple system that can work across essential services.”
Thank you to the Aviva Foundation for their support for this research.
Our new report, Stuck on repeat, was written by @chrislees_ and Kate Wells. You can read it now on our website: moneyandmentalhealth.org/pub…
We have some fantastic news!
Today @hmtreasury has recommended that we're awarded super-complainant status for @TheFCA and Payment Systems Regulator.
We’re delighted to become only the 4th organisation to have super-complainant powers for all three of these regulators.
As our Founder and Chair @MartinSLewis says: “Money problems and mental health issues are a marriage made in hell... This new status is another hugely important tool for us to use to weaken the link between the two.”
moneyandmentalhealth.org/pre…
Over 100,000 people in problem debt attempt to take their own lives each year in England.
There’s rarely just one reason someone takes their own life, but financial difficulty can be part of the picture.
Banks and building societies can make a difference and even save lives.
They often have a unique insight into when people may be struggling, through financial data and contact with customers through frontline staff.
In our new paper, we’re urging banks to act – to help prevent more lives being lost to suicide. moneyandmentalhealth.org/pub…
The year is drawing to a close - and we want to say such a big thank you to everyone who’s supported us this year, particularly our Research Community members without whom none of our work would be possible! 💜
We want to wish you all a very special festive season.
ALT Robin on a snowy branch
After this we will be signing off for the rest of the year - and this account and responses to our posts won’t be monitored until 5 January.
We know that this time of year can be difficult for some of us.
Please know you’re not alone and there is help available. 💜
You can find sources of support with your money or your mental health here: moneyandmentalhealth.org/get…
Thank you to our Research Community member Rob for speaking so openly on @Moneybox about impulsive spending, and the small practical changes he’s made to protect himself when his mental health dips.
If you’re struggling with debt or money worries, please remember you’re not alone - and there’s no issue that can’t be resolved with the right support 💜
We’ve listed organisations that can help with money and mental health here 👇
moneyandmentalhealth.org/get…