Money and Mental Health Policy Institute: Ethnicity, money and mental health policy briefing

Those of us with mental health problems are likely to fare worse across a range of financial indicators than those without such conditions. But with one in four of us experiencing a mental health problem at any given time, there are also important inequalities in outcomes among people with mental health problems, including when we look through the lens of ethnicity.
While experiences with money and mental health are not pre-determined by someone’s ethnicity, this paper provides some key examples of the specific challenges people from minoritised ethnic groups can encounter, and how these can compound the toxic relationship between our mental and financial health.