What emotions are associated with the word “money”? Some people feel positive about money because:

  • They feel accomplished when they receive their first payslip or a pay rise
  • They enjoy the independence of making purchases without asking for money
  • They feel responsible after saving for something special—whether it’s a new pair of trainers, a favourite restaurant treat, a car, a bigger home, or even helping their parents pay off a mortgage.
  • Money can also provide the means to travel abroad or start a business.

However, not everyone feels positive about money:

  • Sixty-three per cent of 18- to 34-year-olds report that thinking about their financial situation makes them anxious.
  • Financial difficulties can leave people vulnerable to fraud or scams and can trigger emotions such as sadness, anxiety, shame, and guilt.
  • These challenges may erode self-confidence, making it essential to seek help early to avoid a negative spiral.

There are numerous organizations that support people facing financial difficulties, such as:

  • Citizens Advice
  • Step Change
  • Cifas
  • GamCare
  • Ygam
  • YoungMinds