Table of contents

Stress is something we all experience but understanding what’s behind it – and knowing where to find support – can make a real difference.

In support of Stress Awareness Day, which took place earlier this month, we wanted to take a closer look at how money worries can affect wellbeing and share some ways to help ease the pressure.

What causes financial stress

Research by the Financial Conduct Authority (FCA)[1] found that:

  • 1 in 10 adults has no savings
  • Nearly 12 million people feel stressed when dealing with money matters
  • 40% of adults with credit or loans say their finances cause anxiety
  • 8 million retirees are worried about whether their money will last through retirement

Financial pressure can affect anyone, regardless of income or background – and when left unchecked, it can take a toll on both mental and physical health.

How stress can affect wellbeing

Stress doesn’t just impact how we feel – it can also influence our sleep, motivation, relationships and even physical health[2].

When money is a source of stress, people often find they:

  • Sleep less soundly
  • Spend less time with friends or on hobbies
  • Exercise less frequently

Recognising these signs early can help you take steps to feel more balanced and supported.

The emotional impact of money worries[3]

Money stress can be hard to talk about and it’s natural to feel anxious when things feel uncertain. For many, even small financial tasks – like opening letters or checking bank balances – can trigger worry.

Common feelings include:

  • Guilt for spending money on anything other than essentials
  • Shame about asking for help
  • Fear or avoidance around looking at finances

Reaching out for support early can make a big difference and help things feel more manageable.

When stress leads to burnout[4]:

Constant pressure can take its toll. YouGov research found that 18 to 24-year-olds are the most likely age group to experience burnout – often linked to longer working hours, unpaid overtime and the rising cost of living.

Stress-related burnout affects not only individuals, but also families, workplaces and communities – reducing energy, productivity and overall wellbeing.

Managing stress

Managing stress isn’t always easy, but understanding your options – and where to turn for help – can make it more manageable.

Talking to someone you trust can lighten the load and bring perspective. This could be a friend, family member or a professional service.

If you need someone to talk to, these organisations can help:

How we can help

If money worries are affecting your wellbeing, you’re not alone – and support is available.

We help people take control of their finances so they can feel calmer, clearer and more confident about the future.

We’ll listen, help you understand your situation and talk you through your options – without judgement.

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

 

[1]  One in 10 Britons have no savings, UK financial regulator says – BBC News

[2] Mental health and the cost-of-living crisis report | Mental Health Foundation

[3] The link between money and mental health | Mind

[4] Burnout Report 2025 reveals generational divide in levels of stress and work absence – Mental Health UK