Mental Health - It's Time to Talk Day

1 February 2019

It's Time to Talk Day on 7th February 2019.

Mental health problems affect one in four of us, and money and mental health are often linked.

Running a small business can be tough, especially if you have to do everything yourself. While it may be normal to feel some level of stress, financial worries are one of the main sources of stress for business owners.

That’s why we founded Kendall Richardson: to help small business owners, investors and self-employed, by looking after their finances, so they can look after their business.

The mental health charity MIND warns that one in four of us are affected by mental health problems.

There are more than 3 million adults in the UK with both mental health problems and financial difficulties.

Many people experience financial stress because of money worries, such as cash flow or debt management. Others might find their mental health impacted because they don’t fully understand financial governance, or struggle to find time to manage their finances.

In 2017, online magazine Small Business revealed that more than half of business owners (53 per cent) identified financial worries as a source of stress and a drain on their motivation. While it’s normal to feel some level of stress when you’re running a business, left untreated, financial stress can lead to anxiety, depression, and impact on health and relationships, and the ability to function normally.

It’s Time to Talk Day (7th Feb 2019), when we are encouraged as a nation to talk about mental health, to break down stereotypes, improve relationships, aid mental health recovery and remove the stigma associated with mental health problems.

The Time to Change website offers a wealth of resources, encouraging people to spend time talking about the things that cause them anxiety.

Since 2014, we have been looking after bookkeeping, payroll, accounts and tax for small business owners, self-employed and investors. We provide our clients with a bespoke service that meets their financial needs, delivered by our friendly team of qualified accountants and bookkeepers.

Don’t let your finances cause you stress.

Get in touch on 01233 506203 -- we can help.

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