finance and mental health

Mental Health Issues Resulting From Financial Insecurities and Poor Parental Guidance

Some often associate wealth and richness to wellness and, good health which is not all correct. I have seen people who have it all being depressed. like i have seen others who can afford all mean types being diabetic. its not the status. and we have to stop holding life until we get to a certain level of ‘society approved’.

kwisepsychology.com

Overview

Job security, a sense of control of work, and social support at work are factors supporting the mental health of employees. Social capital is the quality of social relationships within societies or communities, including community networks, Civic engagement, sense of belonging, and norms of cooperation and trust. Conversely, poverty, financial problems, and social deprivation are major socio-economic risk factors for mental health problems and disorders.

Parenting, Financial Status and Mental Health 

Relatively high frequencies of common mental disorders are associated with poor education, material disadvantage, and unemployment from poor parental guidance. Suicide is more common in areas of high socio-economic deprivation, social fragmentation, and unemployment. Increasing income inequality has been linked to increased suicide rates. The greater vulnerability of the disadvantaged people in each community of mental health problems may be explained by such factors as the experience of insecurity and hopelessness, poor education, unemployment, indebtedness, lower well-being, social isolation, and poor housing.

The foundations of good health are laid during pregnancy, infancy, and childhood. We live in a society where the level of education and exposure to skills is believed to guarantee you a successful career or an established business translating to better living conditions. which is not always the case at the end. These grounds should be set straight at an early age. Some of these foundations are; 

  • Abstaining from alcohol, substance use, and smoking during pregnancy promotes a healthy start in life.
  • Protection from childhood neglect and negative life events promotes mental health.
  • Feeling respected, valued, and supported, high-quality parenting and a positive relationship with an adult promote positive mental health and resilience.
  • Mental health is promoted by holistic preparation for life in preschools and schools by providing social and emotional learning opportunities.

Unsurprisingly, substantial research has revealed that people who experience unemployment, impoverishment, and family disruptions are at significantly greater risk of mental health problems, such as depression, alcohol use disorders, and suicide compared to their unaffected counterparts.

Men, Mental Health and Financial Crisis

Men especially are at increased risk of mental health problems and death due to suicide or alcohol use during times of economic adversity. Unemployment contributes to depression and suicide, and young unemployed people have a higher risk of getting mental health problems than young people who remain employed. Evidence indicates that debt financial difficulties and housing payment problems lead to mental health problems. The more debt people have, the more likely they are to have stress and mental disorders overall. People trying to elevate themselves and they don’t have the capability or they lack motivation, sometimes it’s challenging; either positively or negatively. To some, positively, one would take any job to earn what they need whereas some in a negative they could involve in thug-life, hacking banks, hijacking people and asking for ransoms, or corruption; which is not the reason to justify these means of surviving.

Money and Mental Health 

Money itself is a form of security. It is a necessary evil that fools all of us for better living standards and ‘better health’. One feels secured and at ease with life, everything, and everybody.

Some often associate wealth and richness to good health which is not all correct. I have seen people who have it all being depressed. like i have seen others who can afford all mean types being diabetic. its not the status. and we have to stop holding life until we get to a certain level of ‘society approved’.

Poverty brings about stress and depressions which leads to mental health problems. Of course, when you cannot afford a daily bread or medical insurance for yourself and your loved ones, everything we have tends to be meaningless.

Affluent friends who tempt us with their posh lifestyles give depression and hence bringing about mental health disturbance to their colleague.

Comparison to age difference especially those who made it in life also brings about this lack of sense of belonging whereby one can’t associate themselves with poor parents.

2 replies
  1. Daniel Mbithi
    Daniel Mbithi says:

    Shareh, my big friend, thank you for the challenge.
    I support your work 100%. It’s one of the best ideas ever. Keep going, I’m here to back you up.

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