A recent survey found that 84% of people believe that year is the most challenging yet due to the cost of living crisis, which has been ongoing for three years. Additionally, nearly half of the respondents (46%) are more inclined to look for financial assistance in 2024 compared to previous years.
The main reasons prompting individuals to seek financial help in person include issues related to mortgages, pensions, managing debt, and dealing with difficult life events like bereavement. So who can you turn to when life becomes a struggle. A study from the Royal College of Psychiatrists around Debt and mental health found that half of all adults with a debt problem also live with mental ill-health. In response many Uk banks and building society’s have started to offer dedicated support to their customers including Nationwide who Dr Alex has partnered with to highlight the fact that help is available.
The main reasons prompting individuals to seek financial help in person include issues related to mortgages, pensions, managing debt, and dealing with difficult life events like bereavement. So who can you turn to when life becomes a struggle. A study from the Royal College of Psychiatrists around Debt and mental health found that half of all adults with a debt problem also live with mental ill-health. In response many Uk banks and building society’s have started to offer dedicated support to their customers including Nationwide who Dr Alex has partnered with to highlight the fact that help is available.
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