How far linked are mental health and financial security?

Your financial security could be impacting your mental health. For example, if you don’t have enough money or struggle to pay your bills, you may experience heightened stress and anxiety levels, which can all have a detrimental effect on your mental health.

Research from True Potential Investor’s Tackling The Savings Gap Consumer Savings and Debt Data Q3 2017 report shows that a third of UK households worry about money each day. It was also found that women are more prone to financial worries, with 38.7% worrying daily compared to 25.8% of men.

Perhaps surprisingly, the research also showed that those who were most employed — i.e those who had a full-time career as well as an additional side-line to generate cash — worried most frequently about their finances. 45% of this group admitted to doing so, potentially highlighting that their financial struggles have led to them seeking additional income.

The assumption that employment leads to financial security is widespread in society, although as recent media coverage has shown, it isn’t always true. Nurses and teachers are just two of the professions who are reportedly experiencing financial struggles — so to what extent are they being impacted?


According to a study by Leeds Beckett University, as reported by The Independent, there has been a 40% increase in applications from teachers to the UK’s main education support charity for financial support for housing and transport.

This could be because of the rising cost of living and falling teacher salaries. Salaries have reduced by more than a tenth over the past 10 years, the Organisation for Economic Co-operation and Development (OECD) found.

But what impact is this growing financial pressure having on the mental health of Britain’s teachers. 54% of teachers cited poor mental health and 81% said that it had had a negative impact on the pupil-teacher relationship.


In 2016, the Royal College of Nursing (RCN) supported over 700 nurses and healthcare assistants with RCN Foundation hardship grants. These grants had an average worth of £500 and were issued to support full-time hospital staff when covering essential costs, including food, travel, rent and their mortgages.

The total amount given out was in excess of £250,000, despite just over a fifth of this figure (£56,000) being awarded 10 years ago. This could illustrate how the financial pressure on nurses and healthcare assistants is mounting.

Further findings from the RCN support this, with a survey from November 2017 finding that 40% of nurses have lost sleep over their finances. What’s more, 70% say they are worse off financially now than they were five years ago. Nearly a quarter had topped up their income by taking a second job.

The rest of the UK workforce

Is the above a problem that’s exclusive to teachers and nurses, or does it extend to the rest of the UK’s employees? The Chartered Institute of Personnel and Development has found that 25% of employees believe their own financial worries have hindered their performance in the role. Of these, 30% were employed in the public sector.

With financial worries present across the majority of Britain’s workforce, it’s clear that more needs to be done to support employees’ needs through proper financial support, awareness and education.

True Potential LLP, a provider of personal pensions, stocks and shares ISAs and general investment accounts, has partnered with The Open University to establish the True Potential Centre for the Public Understanding of Finance (PUFin), which offers a number of free finance courses.

You may also be interested in these articles:


Upcoming FE Events

Advertiser Skyscrapers

Newsroom Activity

FE News: The Future of Education News Channel had a status update on Twitter yesterday

RT @FENews: NGWLive: Network Rail: NGWLive: Network Rail
View Original Tweet

FE News: The Future of Education News Channel had a status update on Twitter yesterday

City of London Corporation provides Square Mile schoolchildren with food vouchers during half term break:…
View Original Tweet

Latest Education News

Further Education News

The FE News Channel gives you the latest education news and updates on emerging education strategies and the #FutureofEducation and the #FutureofWork.

Providing trustworthy and positive Further Education news and views since 2003, we are a digital news channel with a mixture of written word articles, podcasts and videos. Our specialisation is providing you with a mixture of the latest education news, our stance is always positive, sector building and sharing different perspectives and views from thought leaders, to provide you with a think tank of new ideas and solutions to bring the education sector together and come up with new innovative solutions and ideas.

FE News publish exclusive peer to peer thought leadership articles from our feature writers, as well as user generated content across our network of over 3000 Newsrooms, offering multiple sources of the latest education news across the Education and Employability sectors.

FE News also broadcast live events, podcasts with leading experts and thought leaders, webinars, video interviews and Further Education news bulletins so you receive the latest developments in Skills News and across the Apprenticeship, Further Education and Employability sectors.

Every week FE News has over 200 articles and new pieces of content per week. We are a news channel providing the latest Further Education News, giving insight from multiple sources on the latest education policy developments, latest strategies, through to our thought leaders who provide blue sky thinking strategy, best practice and innovation to help look into the future developments for education and the future of work.

In May 2020, FE News had over 120,000 unique visitors according to Google Analytics and over 200 new pieces of news content every week, from thought leadership articles, to the latest education news via written word, podcasts, video to press releases from across the sector.

We thought it would be helpful to explain how we tier our latest education news content and how you can get involved and understand how you can read the latest daily Further Education news and how we structure our FE Week of content:

Main Features

Our main features are exclusive and are thought leadership articles and blue sky thinking with experts writing peer to peer news articles about the future of education and the future of work. The focus is solution led thought leadership, sharing best practice, innovation and emerging strategy. These are often articles about the future of education and the future of work, they often then create future education news articles. We limit our main features to a maximum of 20 per week, as they are often about new concepts and new thought processes. Our main features are also exclusive articles responding to the latest education news, maybe an insight from an expert into a policy announcement or response to an education think tank report or a white paper.

FE Voices

FE Voices was originally set up as a section on FE News to give a voice back to the sector. As we now have over 3,000 newsrooms and contributors, FE Voices are usually thought leadership articles, they don’t necessarily have to be exclusive, but usually are, they are slightly shorter than Main Features. FE Voices can include more mixed media with the Further Education News articles, such as embedded podcasts and videos. Our sector response articles asking for different comments and opinions to education policy announcements or responding to a report of white paper are usually held in the FE Voices section. If we have a live podcast in an evening or a radio show such as SkillsWorldLive radio show, the next morning we place the FE podcast recording in the FE Voices section.

Sector News

In sector news we have a blend of content from Press Releases, education resources, reports, education research, white papers from a range of contributors. We have a lot of positive education news articles from colleges, awarding organisations and Apprenticeship Training Providers, press releases from DfE to Think Tanks giving the overview of a report, through to helpful resources to help you with delivering education strategies to your learners and students.


We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

Education Video Interviews

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.


FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

FE Newsrooms

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and ‘box set’ consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

 RSS IconRSS Feed Selection Page