Healthdirect Free Australian health advice you can count on.

Medical problem? Call 1800 022 222. If you need urgent medical help, call triple zero immediately

healthdirect Australia is a free service where you can talk to a nurse or doctor who can help you know what to do.

beginning of content

Tips to deal with the health impacts of financial stress

3-minute read

Financial concerns are very common in Australia. Money worries are one of the main sources of stress in Australia, and can lead to depression or anxiety.

If financial stress is impacting your health and relationships, here are some tips to help you through this difficult time:

  • Stay on top of your emotions - Write down your worries to help you work out which issues to tackle first.
  • Look after your health - Eat a healthy, balanced diet and exercise regularly. Talk to your doctor if you have a pre-existing medical condition that could be aggravated by stress.
  • Share your feelings with supportive friends and colleagues - Identify people you can talk to about how you are feeling and who will help you remain positive.
  • Be honest with your family - Tell them about the situation and how it might affect the household budget. If your relationship with your partner is under stress, contact Relationships Australia on 1300 364 277 for support, advice and counselling.
  • Draw up a budget - Write down a summary of your finances and work out how much money you need to cover your costs. You may need to limit your spending for a while. Putting aside some money for bills, creating an emergency fund and paying for essentials first can all help ease the stress.
  • Contact your bank - Most financial institutions have policies in place to assist customers experiencing financial problems. The Australian Bankers’ Association website has lots of information about dealing with banks.
  • Contact a Department of Human Services social worker - They can give you extra support and advice on coping with financial stress. Call 132 850 or visit a Department of Human Services customer service centre.

Need help in planning, budgeting and better managing your financial issues? Try these services:

Where to get help

Talk to your doctor or another trusted health professional if this is happening to you and discuss your situation and how you are feeling. You can also call:

  • beyondblue (anyone feeling depressed or anxious) – call 1300 22 4636 or chat online.
  • Lifeline (anyone having a personal crisis) – call 13 11 14 or chat online.
  • Suicide Call Back Service (anyone thinking about suicide) – call 1300 659 467.
  • Black Dog Institute (people affected by mood disorders) – online help.

Learn more here about the development and quality assurance of healthdirect content.

Last reviewed: December 2018

Need more information?

These trusted information partners have more on this topic.

Top results

Managing your money & avoiding debt | Raising Children Network

Looking after your familys finances and managing money will help you avoid debt and stress and enjoy your family life together. Here are some tips.

Read more on website

Problem gambling and depression

This fact sheet looks at the links between depression and gambling problems, and highlights some ways to identify gambling problems and seek help and treatment.

Read more on beyondblue website

What is Financial Pressure?

Financial pressure arises from any situation where money worries are causing stress.

Read more on Lifeline website

Finances | Head to Health

Financial safety can bring security and peace of mind. Addressing financial problems early on can reduce their impact on your mental health.

Read more on Head to Health website

What is Problem Gambling?

Gambling is a popular pastime in Australia, including the pokies, lotto, instant scratchies, cards, racing or online betting. Many people have fun gambling now and again, but sometimes it can get out of hand and become a cause for distress and financial hardship.

Read more on Lifeline website

Problem Gambling

Problem Gambling For many, gambling is a popular pastime

Read more on Lifeline website

Office ergonomics: Managing mental health | HealthEngine Blog

Risks to psychological health at work may arise from organisational or personal factorssuch aspoor design of work and jobs, poor communication and interpersonal relationships, bullying or fatigue.

Read more on HealthEngine website

Early access to super - MSK

Need to access your superannuation early? You may be able to have early access to it under certain circumstances. Find out if you may be eligible.

Read more on Musculoskeletal Australia website

Financial cost of cancer | Cancer Council Victoria

After a cancer diagnosis, many people worry about how they will manage the financial impact.

Read more on Cancer Council Victoria website

Farm succession planning | National Centre for Farmer Health

Succession planning for farmers can be difficult and at times stressful, but its important and must be addressed. It is best to get it all planned early. Read more...

Read more on National Centre for Farmer Health website

Healthdirect 24hr 7 days a week hotline

24 hour health advice you can count on

1800 022 222

Government Accredited with over 140 information partners

We are a government-funded service, providing quality, approved health information and advice

Australian Government, health department logo ACT Government logo New South Wales government, health department logo Northen Territory Government logo Government of South Australia, health department logo Tasmanian government logo Government of Western Australia, health department logo