When it comes to achieving peak mental health, many people turn to counseling as a primary resource. However, what often goes overlooked is the role that financial stability plays in mental well-being. In this article, we’ll explore how financial advising can be a crucial complement to mental health counselling, creating a holistic approach to well-being.

The Weight of Financial Stress on Mental Health

Financial stress is a significant contributor to mental health issues. The constant worry about bills, debt, and future financial security can be overwhelming, leading to anxiety, depression, and even physical health problems. This stress creates a mental barrier that makes it challenging to focus on self-improvement or engage in mental health counselling effectively.

The Role of Financial Advising

A financial advisor does more than just manage your investments; they help you create a roadmap for your financial future. By helping you budget, save, and invest wisely, a financial advisor can alleviate the financial stress that hampers your mental well-being. This relief allows you to focus on other crucial aspects of your life, such as mental health.

The Synergy Between Financial Advising and Mental Health Counselling

When you’re financially stable, you’re better equipped to engage in mental health counselling. You can focus on the therapy sessions, delve deeper into your emotional issues, and work on strategies for long-term mental health. Financial advising acts as a catalyst, enabling you to get the most out of your mental health counselling sessions.

Case Studies: Real-Life Examples

Consider Jane, a 35-year-old woman who struggled with anxiety. She found it hard to focus on her counselling sessions because she was always worried about her mounting credit card debt. After consulting a financial advisor, Jane was able to set up a debt repayment plan. This financial stability allowed her to engage more effectively in her mental health counselling, leading to a significant improvement in her anxiety levels.

A Holistic Approach to Well-Being

Financial advising and mental health counselling are two sides of the same coin when it comes to holistic well-being. By addressing financial stress, you create a more conducive environment for mental health improvement. So, if you’re looking to achieve peak mental health, consider incorporating financial advising into your wellness plan.

Reach out to one of the Inspired Money Team who are only too ready, willing and equipped to assist you in moving through any current financial challenges you may be facing.

This article was written by Director & Senior Adviser Shane Mitchell and provides general information that should not be considered personalised financial advice. If you have specific questions or concerns book a session to review your specific situation with Shane directly on 08 6222 7909 or book a meeting directly via his booking page.