Mintago and CEO, Chieu Cao, have been featured in The Money Pages. The article focuses on how the cost of living crisis has negatively impacted individuals’ mental wellbeing and the steps that can be taken to combat this.
With increasing energy bills, soaring fuel prices and 9.1% inflation expected to rise to 11%, Mintago’s recent survey revealed that 63% of UK adults have seen their financial situation deteriorate since the beginning of 2022. Furthermore, 56% of those responding to the survey now view their finances as their biggest cause of stress. It is important to understand the causes of financial stress and discuss the issue freely to help individuals to better manage their finances in this challenging landscape.
Read the complete article to discover further statistical evidence of UK adults’ current financial wellbeing and find out how to support employees and others in reducing finance-related stress.