Financial wellbeing

The third Monday of January is often referred to as ‘Blue Monday’ — a point in the year when darker days, stretched budgets and the pressure of new‑year goals can increase feelings of stress. Therefore, it can be a helpful moment to check in on your wellbeing — including your financial wellbeing.

Why financial stress matters

Recent industry research shows that financial worries are closely linked with poor mental health. In workplace settings in particular, 89% of people say that financial stress impacts their work. Of those already struggling financially, two-thirds of employees report at least one sign of poor mental health. Factors like a loss of sleep, poor concentration and reduced motivation have all been referenced.

Take control of your financial wellbeing

Bring all your money into one place

Having a clear view of your finances can help reduce anxiety by reducing uncertainty.

Tools like the L&G app help you connect your accounts so you can see spending, savings and pension balances together — giving you a fuller picture of your financial health at a glance.

Use budgeting and spending insights

Budgeting helps reduce the “unknowns” that can fuel stress.

Try our Budget Planner to understand where your money is going and spot opportunities to make positive changes.

You can find free and impartial advice at Money Helper.

Set goals that support your wellbeing

Whether you’re planning to save more, top up your pension, or simply feel more in control, setting achievable goals can help you move forward with confidence.

We can provide financial advice to help you make the best financial choices for your personal circumstances. Or, explore our library of financial planning articles and resources.

Reduce the admin

In the L&G app you can:

See spending analysis by category
Set up budgets
Set savings targets with progress tracking
Make instant payments into your pension
Automate savings

Manage your money with confidence

The L&G app brings your pensions and finances into one place, helping you budget, set goals and make informed decisions — all of which support better wellbeing.

Download the L&G App

From the App Store
From the Play Store

Get support

Remember you don’t have to do this alone. If money worries are affecting your mental wellbeing, you’re not alone. Speaking to someone early can make a big difference. That could be friends and family, your employer, GP or a mental health expert:

Mind (check out their article on the link between money and mental health)
Our NHS (you could start with coping with financial worries)
Citizens Advice can make sure you’re getting all the help you’re entitled to receive, from housing to benefits, as well as offer support with debt and legal advice
National Debtline has a 24/7 Digital Advice Tool if you’re not ready to speak to someone or call 0808 808 4000 from Monday to Friday, 9am to 8pm
Mental Health & Money Advice includes top tips on managing mental health as well as a wealth of clear information on current topics and welfare benefits

There are people who can help you make sense of financial problems, and guide you through whatever situation you are in.