Article preview: The mental health of young people is negatively impacted by their lack of financial education, skills and understanding. New research has found that low levels of financial literacy among young people in the UK undermine their mental wellbeing. The Claro Mental Health Project report, created in partnership with Mental Health UK and The Money Charity, found that money worries significantly worsen a person’s mental wellbeing.
Low financial literacy impacts mental wellbeing
This 450-word blog talks about the new Claro Mental Health Project report that found a correlation between low levels of financial literacy among young people in the UK and their mental wellbeing. Written on 7th May 2021.
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