Money, financial wellbeing and mental health
Take the quiz and see how financial wellbeing and mental health affect each other
Financial challenges can cause significant stress, which can impact our mental health. And the state of our mental health can make it harder to get on top of our finances.
Whatever your situation, it’s never too early or too late to get support.
Before you start the quiz
- We’ll ask you 4 questions about your financial situation and 5 questions about your recent mental health
- The quiz will take around 5-10 minutes
- This quiz is anonymous – you don’t include your name and your data won’t be shared with anyone else
- When answering the quiz questions, think about your situation over the past four weeks
After completing the quiz
- You’ll be able to see what category you fall into on our financial wellbeing and mental health scale
- We’ll also share some actions and resources that may be helpful for you
Financial wellbeing and mental health scale
We have developed a financial wellbeing and mental health scale to help you understand your financial and emotional situation. The Money and Mental Health quiz will assess which stage on the scale you relate to and suggest some next steps.
What is the link between financial wellbeing and mental health?
Financial pressure and mental health issues are two sides of the same coin. Money worries can cause our mental health to get worse and vice versa.
When we feel confident and in control of our finances, it supports our overall wellbeing and resilience. On the other hand, financial stress can take a major toll on our mental health.
Financial stress can lead to anxiety, depression, and other mental health impacts. Poor mental health can then make it harder to manage finances effectively, leading to further financial problems. It's a spiral that can be difficult to break out of without support.
This Money and Mental Health quiz was developed in collaboration with Financial Counselling Australia, a not-for-profit organisation that provides resources and support for financial counsellors and works to improve hardship processes for people in financial difficulty.
