Article 2BEF3 Could adding friction to spending improve people's mental health?

Could adding friction to spending improve people's mental health?

by
Emily Reynolds
from on (#2BEF3)

Banking is easier than ever thanks to contactless and mobile transactions. But making it simple to spend money isn't all good

A recent report from the Money and Mental Health Policy Institute has revealed what many people with mental health problems already knew - mental illess can have a significant, and often terrifying, impact on your finances.

Anxious? Good luck tackling the bank statements piling up, unopened. Having a manic episode? Time to spend thousands of pounds on things you'll never use! Depressed? " What was my pin again?

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