Martin Lewis: The fight to divorce mental health and debt
Mental health and debt are a marriage made in hell. You are up to four times more likely to be in debt crisis if you or your partner has a mental health issue. The treatment time for clinical depression is said to be exacerbated by up to 18 months if you also have financial issues.
To protect mental health, the MSE weekly email will no longer be sent between midnight & 5am
This week we’re changing our weekly email send strategy so that we will no longer send it in the wee early hours (a few will leak through, if the internet service provider initially rejects them, but the bulk won’t). This change is due to a report by the Money and Mental Health Policy Institute (which I founded &...
A bipolar spree aiming to spend £131 million
A week ago, I announced the launch of the new Money and Mental Health Policy Institute. I’ve set it up to look at a range of measures to prevent the marriage made in hell that is debt and mental illness. You can read full details on what it’s about and what it’ll do here. On the back of it, I’ve...
Dear TV and radio producers: Please remember savers…
It’s easy to assume that in the current poor economic times, no-one has savings. Yet many, including those feeling the pinch, are savers, who are suffering cripplingly low interest rates and want information. Trying to discuss savers’ issues in mainstream broadcast media can, on occasion, be a tough sell. I’ve been told a few times, "none...
There are more savers than debtors
With all the talk of the nation’s finances creaking (or crashing depending on where you read it) it’s easy to think everyone is mired in debt. This week’s site poll belies that though, with 54% net savers, to 41% net debtors (and 5% in the middle). Now some may be shocked at this, especially as it’s a...
1 October 2024
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Martin Lewis: Is it time to ban unnecessary Christmas presents?
17 September 2024Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of...