Financial Impact of Depression and Grief
There is a lot out there about the emotional costs of both, but though it would be interesting to look at another angel.
According to the London School of Economics, depression costs the economy £77 billion a year.
In the United States, the New York Times puts that cost at half a trillion dollars, but it is about individuals and their own finances too. Those with emotional disorders earn $16,000 less a year on average and can face severe financial difficulties.
When we consider issues that relate to mental health, we often (and rightly too) focus on the immediate emotional and physical aspects of the illness – for instance, how people can find their day to day health affected and how they cope with whatever mental condition they have.
Whilst it’s right to do so, sometimes the more practical considerations of such difficulties are forgotten.
Not only that, but you yourself may be in a position in which you’re caring for someone who suffers and need help and advice on where to turn.
If you’d like some helpful and sound ideas to help you, you can read this informative mental health guide: