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Research from the Money and Pensions Service suggests that one in five men feel anxious about their financial situation1. This Men’s Health Week, we‘d like to explore the connection between finances and men’s mental health, as the two are often closely linked. Looking after one can often help improve the other.  

Let’s look at how financial well-being can influence mental health and highlight some available support. 

How can finances affect your mental health? 

Money worries can sometimes feel like a quiet burden that’s difficult to talk about. Many men feel pressure to take on the role of the ‘breadwinner’, responsible for providing for their household2.  

These expectations can lead to increased stress and may affect how you see yourself. When financial stability feels tied to your sense of identity or self-worth, it can be especially tough when things feel uncertain.  

If you’re dealing with ongoing expenses and supporting your family during a cost-of-living crisis, it’s natural to feel worried or overwhelmed at times. You might also feel pressure to manage everything on your own, particularly if you feel responsible for others.  

It’s important to remember that you’re not alone in feeling this way, and support is available. 

Support for your mental or financial well-being 

If you’re struggling, whether with your mental health, finances, or both, there are people and organisations ready to listen and help. Taking that first step to reach out can make a real difference.  

Mental health support 

  • shout – A free, confidential 24/7 text service offering support whenever you need someone to talk to. Contact shout by texting REFRESH to 85258.  
  • SANE – Provides emotional support and guidance through its out-of-hours mental health helpline.  
  • ANDYSMANCLUB – Offers free peer support groups across the UK and online, creating spaces where men can talk openly. 
  • SAMARITANS – A charity focused on reducing feelings of isolation and disconnection, no matter the cause.  

Financial support 

  • BudgetSmart – A service designed to help you find ways to reduce household costs and make your money stretch further.  
  • Benefits Calculator – A simple tool to help you check what financial support you may be entitled to.  
  • Turn2us – A charity that helps people access benefits, grants, and practical financial support.  

 

We’re here to support you. 

If you’re finding things difficult, you don’t have to go through it alone. At PayPlan, our advisors are here to listen without judgment and help you explore options that feel right for you. 

If you’re interested in finding that support available to you, contact us here: 

Get debt help online or call us on 0800 316 1833 for a confidential conversation. 

PayPlan’s advice is free, but some solutions may involve fees.