Money worries can have a significant impact on our mental health, causing stress, anxiety, and even depression. In the UK, millions of people struggle with financial pressures, whether it’s living paycheck to paycheck, dealing with debt, or facing unexpected expenses. As a credit union, we understand the impact that financial stress can have on our members, and we are here to help.

The impact of money worries on our mental health


One of the most significant ways that money worries can impact our mental health is by causing stress. Worrying about how to pay bills, make ends meet, or manage debt can lead to a constant state of anxiety and stress, which can have negative effects on our mental and physical health. This stress can also affect our relationships, work performance, and overall quality of life.

Shame and embarrassment

Another way that money worries can impact our mental health is by causing feelings of shame and embarrassment. Society often places a great deal of value on financial success, and those who are struggling financially may feel like they are failing in some way. This can lead to feelings of shame, embarrassment, and even depression.

Poor financial decisions

In addition to the emotional toll of financial stress, there are also practical consequences to consider. For example, those with money worries may find themselves making poor financial decisions or avoiding important financial responsibilities altogether. This can lead to even more significant financial problems down the line, creating a vicious cycle of stress, anxiety, and financial insecurity.

How Thamesbank can help

As a credit union, we understand the challenges our members face when it comes to managing their finances. We believe that everyone deserves access to fair and affordable financial services, regardless of their income or credit history. That’s why we offer a range of products and services designed to help those with money worries.

1. Affordable loans
One way that we can help those with money worries is by offering affordable loans. Unlike many payday lenders or high street banks, credit unions like us offer loans with fair interest rates and flexible repayment terms. This can help those with unexpected expenses or debt consolidation needs to get the financial support they need without falling into a cycle of debt.

2. Safe savings
We offer savings accounts to help members better manage their finances. By encouraging regular savings and offering tools to track expenses and create a budget, we can help their members avoid financial emergencies and build a more secure financial future.

3. Offer financial education
Another way that we can help those with money worries is by offering financial education. While credit unions are not legally allowed to offer financial advice, we can provide educational resources to help our members make informed financial decisions. This is through articles and links to useful websites to learn from the financial experts.


At the end of the day, managing money can be stressful, especially if you’re dealing with financial pressures or unexpected expenses. However, by working with Thamesbank, you can get the support you need to manage your finances and reduce your stress levels. Whether you need a loan, savings account, or financial education, Thamesbank is here to help. So if you’re struggling with money worries, reach out to us today to learn more about how we can help you.