On the edge of a recession, new data reveals that the cost of living crisis and energy prices are causing Britain the most stress in 2023.
The analysis revealed many Brits are concerned about the economy, the state of the government and health issues (including Covid).
With almost two-thirds (65.8%) of Britain increasingly worried about the cost of living crisis in 2023 as the UK continues to flirt with the confines of a recession, it’s no surprise that YouGov data also revealed that 40% of people have set “saving money” as one of their new year’s resolutions.
Moreover, over half (53.3%)of Brits also feel the stress of energy prices and the financial uncertainty they cause.
Other anxieties that the UK is facing also include concerns about family well-being (12.5%), job security (6.6%) and the housing market (6.5%).
Founded to help people across the UK to improve their mental health, Goodrays CEO Eoin Keenan said: “The New Year should be a positive time of reflection on learnings and achievements in the last 12 months and a chance to look forward with hope.”
“However, the current climate in the UK means many people have entered 2023 with increasing financial worries and uncertainty taking its toll on their mental health.”
“It’s important to consider what is within your power and control to ensure you’re not magnifying your anxieties and having your well-being depend on things bigger than yourself. While financial stresses continue to worry the vast majority of the UK, using the time to reassess your budget and understanding the personal effects of it on your money can help you reclaim control.”
Now that we’re in the New Year and dealing with the challenges 2023 brings, it can be hard to prioritise self-care and mental well-being for the new year.
Goodrays have put together some top tips to remember during this time that can help you regain focus on the essential things this new year.