Seek help if you have money worries

10 December 2020

Derbyshire Police Federation chair Tony Wetton is encouraging members with money problems to share their concerns.

Tony said that bottling up financial stresses can cause mental health issues such as stress, anxiety and loss of sleep.

“Christmas can be a stressful time of the year anyway,” said Tony, “But it’s a period that can bring any money issues into sharp relief. And this year there may be added pressure of partners or loved ones being furloughed or made redundant because of the pandemic.

“Bottling it up won’t help, and could cause mental wellbeing issues and impact on your relationships. Sharing your worries can be a relief, but we know it isn’t always easy. We want to break down the stigma and the barriers to talking about our finances.

“We’re here to support you and to point you in the direction of help if you need it. There’s no shame in seeking help, in fact, can be a positive first step to taking back control of your finances,” Tony added.

Hayley Aley, chair of the national Federation’s wellbeing sub-committee, has published a blog about the mental health impact of financial worries.

Hayley said: “I have been there myself – as a student officer I was a single parent and had sleepless nights worrying about money. If only I knew then what I know now. There is no shame in admitting to others that times are hard – asking for help and support is the most positive thing you can do, not least for your own mental health and wellbeing.

“Money worries can eat away at you – cause you to feel depressed, isolated, destroy your confidence, relationships at work and home, interfere with your family time – the list goes on. 

“We want to help you manage your financial stress and we will be shining the light on where to get help and support – keep an eye on our website, social media channels and look out for the next edition of POLICE magazine.

“Some officers who have struggled financially have offered to share their stories and we will be publishing these this month.

“I have no doubt their experiences will resonate with many - inspire and give hope that there is a way through these difficult times.”

Hayley added: “Many officers worry about admitting that they are in financial difficulty for fear of jeopardising their job. 

“The truth is that declaring your financial situation to professional standards can alleviate that vulnerability – again a positive step towards getting back on track.

“And don’t forget that you can reach out to your local rep or branch board to support you with that too.”

Visit the Police Federation website for organisations that can help if you’re worried about your finances, or speak to a Fed rep.

Police Mutual has also produced a series of leaflets with advice on taking control of your finances this Christmas.

Find out more about the Federation’s mental wellbeing campaign Hear ‘Man Up’, Think ‘Man Down’.