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Money Box

Money Box Live: Mental Health & Money

Money Box

BBC

Business

4.2825 Ratings

🗓️ 30 October 2019

⏱️ 33 minutes

🧾️ Download transcript

Summary

Our expert panel take a look at the problems around mental health and money. From how to make your benefits work better for you, talking with banks and how to avoid the complications that can come from periods of poor mental health.

You can call Money Box Live 03 700 100 444. Or email us moneybox@bbc.co.uk or tweet @moneybox.

Panel- Anne Riddle from the Bridge Money Advisory Service in Stoke-on-Trent Helen Undy from the Money and Mental Health Policy Institute Ayaz Manji from Mind

Transcript

Click on a timestamp to play from that location

0:00.0

In Northern Ireland, from the late 70s to the early 90s, the IRA killed over 40 alleged informers.

0:08.0

But the man who often found, tortured and sometimes killed these people on behalf of the IRA

0:12.0

was himself an informer, a secret British army agent with the codename Stakeknife.

0:18.0

Who gets to play God? And why me? Why my family? When lies are still being told to this day,

0:24.0

who do you believe? I wouldn't even know where to start and I'm with the IRA.

0:28.5

Steakknife. Listen first on BBC Sounds. BBC Sounds, music, radio podcasts.

0:37.5

Hello, today Moneybox is about money and mental health,

0:40.9

and there is a close connection.

0:43.2

The Money and Mental Health Policy Institute says that almost one in five people with mental health problems

0:48.8

are also in problem debt.

0:50.6

That's three times the rate for those without mental issues.

0:53.4

And nearly half of the people

0:55.3

in problem debt also have a mental health problem, and which is cause and which the effect.

1:01.9

And do the two things feed off each other? Questions we'll talk about today. But you can let us

1:07.2

know your experiences, thoughts and questions on that relationship between mental health issues and poor money management and problem debt.

1:14.2

By calling MoneyBots live now, the numbers 0-3-700-100-444.

1:20.2

03-700-400-44.

1:22.0

Email us, Moneybox.pbocs.pbc.c.

1:24.7

Or tweet at Moneybox.

1:26.7

Now I have three people with me who all spend their working lives worrying at this problem.

1:32.0

Helen Undy is chief executive of the Money and Mental Health Policy Institute,

1:36.6

which provided those shocking figures about the link between the two.

...

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