Overall, nearly two-thirds (63%) of UK adults have been concerned about a friend, family member or colleague’s mental wellbeing, linked to money worries
Of those who have been worried, the most common signs include changes in mood and temperament trouble sleeping, and being anxious, stressed or lacking in confidence to contact the bank.
You can use the MECC approach to look out for these signs and enable people to access help, guidance and advice on mental health, debt and money management. There is a wide range of guidance available from the Money Advice Service website which will have incorporated into MECC Link.
Very Brief Intervention
Do you have any worries relating to money, budgeting, borrowing or debt?
How confident are you about a budget setting, sticking to it and how to save?
Did you know that Money Advice Service provides a range of management tips, including how to set up a budget, sticking to it and how to save, would you like some further information on this?
Did you know that the Money Advice Service offer a range of free advice on anything that you might be struggling to pay for, would you like some information on this?
Did you know that there is lots of free debt advice services available across the UK, would you like further information on these?
Before borrowing money have you considered if
- You need to spend the money
- You have other ways of financing the purchase, and
- You can afford to pay back the money you’re planning to borrow
If you need to borrow money, have you considered the cost of borrowing and where you would source this from?
The Money advice service has advice on different sources of borrowing as well as advice on good debt and bad debt, would you like some further information on this?
- Empathise that its normal to worry about money issues but reassure that there is lots of free help available - See ACT section for details of other organisations that provide free debt advice
Taking the time to manage your money better can really pay off. It can help you stay on top of your bills and save £1,000s each year, would you like some helpful information on managing your money?
For Debt and Borrowing
Would you like some information on that could assist you with paying for household bills?
The Money advice service has a free debt test that might help you work out and determine your level of debt and see how you can get back on track with your finances. Would you like some further information on this?
Would you like some further information on the many different free and recommended debt advice service that are available either nationally or locally? - See Act section
- Re-assure them that the debt adviser will never judge them or make them feel bad about their situation and that they will work with the person to find way find ways to manage their debts even if they think they have no spare money.
- Re-assure them that most people who have get debt advice feel less stressed or anxious and more in control of their life again.
National Support Services
The Money Advice Service
Free and impartial money advice, set up by government
- Advice and guides to help improve your finances
- Tools and calculators to help keep track and plan ahead
- Support over the phone and online
Typetalk: 18001 0800 915 4622, Monday to Friday, 8am to 6pm, Saturday, Sunday and Bank Holidays, closed
Citizens Advice Service
The Citizens Advice Service can help you to make the right choices, including help to deal with your debt problems, how to avoid losing your home and how to get your finances back into shape. Citizens Advice also offer advice on Benefits and Tax credits as it's important to make sure that you get all the help that you're entitled to
Tel: 03444 111 444
National Debtline has helped millions of people with their debts. They'll talk you through options and give clear advice on how to take back control.
Debt Advice Foundation is a national debt advice and education charity offering free, confidential support and advice to anyone worried about debt.
Tel: 0800 622 61 51
Credit unions offer an alternative to traditional banks and building societies for saving and borrowing.
They're there to provide a financial community. Credit Unions can help those who can't get access to ordinary bank products; a lifeline in less well-off communities for people grappling with their finances.
Local Support and Contact Details
The Leeds Money Information Centre
The Leeds Money Information Centre website brings together all of the organisations and agencies in the city that offer free help and advice on money, debt, budgeting, reducing bills and affordable loans. There is even a handy mapping tool below to show you where all of the organisations are located.