The Effects of Recession on Mental Health


The financial turmoil of the past few years has taken a toll on many of us. But the consequences of financial instability are not all outward; some of its effects can be seen on our mental well-being.

When people are feeling overly stressed, physical symptoms may manifest themselves. Headaches, gastrointestinal problems, and even skin conditions may occur with more frequency. A person who repeatedly goes to see a doctor with complaints of these symptoms may be asked to provide information about his or her sleeping and eating habits and assessed for mental health conditions like mild depression and anxiety.

Veronica Walsh, a therapist in the UK, refers to the unease and poor mental health brought on by money troubles in these tough times as “recession anxiety.” Other mental health workers have also noted that the increase in health problems related to anxiety and depression seems to correlate with deteriorating financial conditions.

Besides being a therapist, Walsh also assists people with personal development. She teaches her clients to deal with their fears and frustrations in a healthy way. Walsh also encourages people who are feeling pressured by worries about finances to seek help and know that they are not alone.

Read what she has to say about “recession anxiety” at the link below.

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