Linking financial, physical wellness to mental health

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By Brooke Smith

What do finances have to do with our mental health? Quite a lot, actually.

“When we look at surveys where we ask what causes you stress, the answer that tops the charts is consistently personal finance,” said Marie-Hélène Pelletier, assistant vice-president for workplace mental health at Sun Life Financial, during Benefits Canada’s Mental Health Summit in Toronto.

The statistics bear that out. According to the Sun Life Canadian health index survey, 78 per cent of Canadians said they were dealing with excessive stress. The top three reasons were financial: personal or household finances (41 per cent), trying to maintain a budget (31 per cent) and unexpected expenses (30 per cent).

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