Every November, men across the country grow moustaches for Movember. It’s a fun way to raise awareness and funds for men’s health issues like prostate cancer, testicular cancer, and mental health. But Movember is more than just an opportunity to grow some facial hair – it’s a chance to check in on your own wellbeing, including your mental and financial health.
We all know that mental and physical health are connected, but what’s often overlooked is the link between financial stress and mental wellbeing. In my experience, when men face financial pressures, they tend to keep it to themselves. They feel they have to be the “provider” or handle everything alone. But carrying that burden in silence can take a toll, leading to stress, anxiety, and even depression.
So, as Movember approaches, I encourage you to use this time to check in on both your mental and financial health. After all, taking care of your financial wellbeing can have a huge impact on how you feel mentally. Here are a few ways to start:
1. Talk About It
One of the hardest things for men to do is talk about their struggles – whether they’re health-related or money-related. I’ve seen it time and again with clients and friends: men often keep financial worries bottled up. But there’s real power in opening up. Whether it’s with a partner, a friend, or a financial adviser, starting the conversation can be the first step towards relieving the pressure. Just like Paul, the friend I mentioned earlier, once you talk about it, you realise you’re not alone and that there are solutions.
2. Take Stock of Your Finances
Movember is the perfect time to review your finances. Are there areas where you’re feeling stressed? Perhaps it’s mounting debts, difficulty saving, or just feeling overwhelmed by expenses. Now’s a good time to sit down, take a close look at your budget, and identify where changes can be made. The goal isn’t to make drastic changes overnight but to start making small improvements that reduce your financial stress and give you a sense of control.
3. Set Some Realistic Goals
Once you’ve reviewed your finances, set some realistic goals that align with your lifestyle. It could be paying down a credit card, building an emergency fund, or simply setting aside money for something important to you. Just having a plan in place can help ease the mental burden of financial worries. And remember, you don’t have to do it all at once – small steps lead to big changes over time.
4. Focus on Self-Care
It’s easy to overlook your own health – both physical and mental – when you’re stressed about money or other responsibilities. Movember is a great reminder to focus on self-care. This might mean setting aside time to exercise, eat better, or even talk to someone about what’s been on your mind. By looking after yourself, you’ll feel more equipped to handle whatever financial challenges come your way.
5. Reach Out for Professional Help
Sometimes, the best way to reduce financial stress is to get expert advice. Whether it’s sitting down with a financial adviser or seeking mental health support, don’t hesitate to reach out if you’re feeling overwhelmed. There’s no shame in asking for help – in fact, it’s one of the strongest things you can do for yourself and your family. Remember, financial health and mental health go hand in hand, and addressing one often improves the other.
Take Action This Movember
While growing a moustache or getting involved in Movember activities can be fun, it’s also a time to reflect on how you’re really doing – mentally, physically, and financially. Don’t wait until stress or worry takes a toll. Use this time to check in on yourself, set some goals, and take steps to improve your overall wellbeing. Your future self will thank you.
I love the work Beyond Blue are doing. Here is a link to more information from them, along with contact numbers: Beyond Blue’s Men’s Mental Health Support
All the best on your journey to living a financially well life!
Marc Bineham
Article by Marc Bineham – Speaker, Coach and award-winning author of The Money Sandwich