Founded in Manchester, UK. Building financial futures.

Rated excellent on Trustpilot

Rated excellent on Trustpilot

APRIL 02, 2023

The Impact of Poor Credit on Mental Health

Hands counting pound notes
Hands counting pound notes
Hands counting pound notes
Hands counting pound notes

a poor credit score can have a much larger impact on your day to day life, which can lead to significant impact on your mental health

“As the founder of Boshhh, I am constantly inspired by our mission to empower individuals on their financial journeys.


“I want to delve into a topic that often goes unnoticed in discussions about workplace productivity: the profound impact of poor credit on mental health.


“In our society, credit plays a pivotal role in nearly every aspect of our financial life and also permeates various aspects of our lives, including our careers.


“The consequences of struggling with poor credit can be profound, affecting not only your financial well-being but also your mental and emotional health.


“Picture this: You're at work, striving to thrive in your role, but there's a lingering weight on your shoulders – the burden of financial stress. You may find it challenging to focus, to be present in meetings, or to perform at your best. This isn't mere coincidence; it's the direct consequence of the mental toll that poor credit can take.


"Moreover, the stigma surrounding financial difficulties can exacerbate feelings of shame and isolation"


“At Boshhh, we believe in the power of empowerment, support, and trust. We understand that financial challenges can impact individuals on a deeply personal level, influencing their confidence, self-esteem, and overall well-being. That's why it's crucial to shine a light on the link of credit and mental health in the workplace.


“When employees are struggling with financial stressors stemming from poor credit, the ripple effects are felt throughout the organisation. Productivity may decline, absences may rise, and workplace morale may suffer. Moreover, the stigma surrounding financial difficulties can exacerbate feelings of shame and isolation, further compounding the issue.


“However, amidst these challenges, there is hope. By fostering a culture of support and understanding, employers can play a pivotal role in mitigating the negative impact of poor credit on mental health. This begins with open dialogue and creating a safe space for employees to seek help and support.


“It's time to reframe the conversation surrounding credit and mental health in the workplace. By acknowledging the interconnectedness of these issues and taking proactive steps to address them, we can create a more inclusive and supportive environment for all.


“Remember, you are not alone on your journey toward financial well-being. At Boshhh, we're here to empower you every step of the way.


“Together, let's redefine what it means to thrive – both financially and emotionally.”


For further information on Boshhh please visit www.boshhh.com

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we've already helped thousands improve their credit score, getting them closer to where they want to be. start building with us today

Debit Card
Space rocket
Earth

start building today

we've already helped thousands improve their credit score, getting them closer to where they want to be. start building with us today

Debit Card
Space rocket
Earth

start building today

we've already helped thousands improve their credit score, getting them closer to where they want to be. start building with us today

start building today

we've already helped thousands improve their credit score, getting them closer to where they want to be. start building with us today