Credit CrunchImage by bitzcelt via FlickrI came across this article from, and it seems a sensible article to be read, and apply or implement the suggested solutions/resolutions.

What think ye? Read on, and let us know.

There is actually a sort of caveat indicated at the end of the article from the source, so take note!

Guy Anker
News Editor
24 February 2011

People suffering from mental health problems are almost five times as likely to have severe debts compared to everyone else.

That is the most shocking finding from a poll to determine the scale of the problem of mental health and debt.

We are today launching a campaign to tackle the marriage made in hell of mental health and debt, including a major new free guide for sufferers and their carers (see the free Mental Health & Debt Help booklet).
Research for the guide showed that mental health problems cause debt, while debt worries also cause mental health issues.

In the poll of 6,700 people, 44% of those who've had mental health problems (or have partners who do) have had severe or crisis debts, nearly five times as many as everyone else (9%).

We asked the same questions of those with mental health problem and those without. Here are the results:
Those who've had or have mental health issues, including where partner had mental health problems.

  • Never been in debt  18%
  • Only ever had limited debts  22%
  • Big debts but not a problem  16%
  • Severe or crisis debts  44% 

No mental health issues

  • Never been in debt  34%
  • Only ever had limited debts  41%
  • Big debts but not a problem  16%
  • Severe or crisis debts  9%

    In both cases, mortgage and student loan debts are excluded.

    Separate figures also show one in four British adults experiences at least one mental health problem a year such as clinical depression, anxiety or bipolar disorder.

    Meanwhile, 38% of those seeking debt help had considered or attempted suicide. Deputy Prime Minister Nick Clegg this month pledged to give an extra £400 million to mental health services to put the sector on an equal footing with physical health.

    Free guide today launches the first detailed guide of its type, to provide help and info for those with mental health and debt problems. It also provides help for family, friends, carers and counsellors.

    The free PDF booklet was written with guidance from several leading charities including Mind, Rethink and Christians Against Poverty. It includes help on where to find free one-to-one debt counselling, working with banks, tips for bipolar and depression sufferers and how friends and carers can help.

    The Mental health and debt booklet can be downloaded free.

    Martin Lewis, creator, says: "Those who have never experienced problem debt often consider it to be a purely financial issue – it's not. It can break up families, take the roof from your children's heads, kill confidence, pile on stress, cause depression and lead to suicide.

    "As the UK's biggest money site, we can no longer divorce how people deal with debt emotionally and how they deal with it practically.

    "I've often argued we need to focus on responsible borrowing, as you can't expect lenders to be responsible – their job is flogging debt. Yet with so many suffering from mental health problems, as a nation we need to think about how we help those who, often temporarily, cannot be responsible for themselves.

    "We need to do some joined-up thinking to tackle this, such as banks allowing people to voluntarily register their mental health problems so they can track unusual spending patterns, then cut off accounts until a trusted friend says it's ok. We must help people take control.

    "As debt problems tend to lag until after a recession, these days the suicidal emails we receive from people in debt are a regular, not surprise, occurrence. We've already heard from people that launching this guide has made them feel better, because they realise they're not the only ones suffering."

    John Kirkby, founder of UK-wide debt-counselling charity Christians Against Poverty, says: "Life can be seriously miserable when you're dealing with problem debts. For the vast majority of our clients, these debts are not the only stressful thing going on in their lives.

    "There's often relationship breakdown, illness or job loss all adding to the pressure. Feelings of hopelessness and isolation can quickly affect mental health. The good news is we see these same vulnerable people become debt free every day and this great guide from Martin Lewis and his team shows there is hope."

    Paul Farmer, head of mental health charity Mind, comments: "Living with unmanageable debt is known to cause problems such as depression and anxiety, but the tactics of debt collectors can be one of the worst stresses of all.

    "Mind has spoken to people who have been hounded day and night by debt agencies, had their houses invaded by bailiffs and have had to pay fees for the privilege many times greater than the original debt.

    "When people's mental health deteriorates, it can be even harder for them to deal with debt, and the more their debts add up, the worse they feel, setting up a cycle of debt and despair that is very difficult to break.

    "MoneySavingExpert's new guidance should be a first port of call for anyone worried about the impact of debt on their lives, so they can manage their money and seek advice before it gets out of hand."

    Top ten tips for dealing with mental health and debt

    1. There's no such thing as an unsolvable debt. Martin Lewis says: "For as long as I've been doing my job, I've never once seen a debt case that isn't solvable. It may not be easy, it may not be quick, but it's always doable." If you start to sort it out, it gets better.
    2. Know the early warning signs. Even when people plunge into debt, depression doesn't bite overnight. Dr Rob Waller, consultant psychiatrist and director of advises working out your warning signs such as tension headaches, arguments at work, back pain or bad skin. This is the time to take steps to keep on top of debt and depression.
    3. If in crisis, get free debt help. If you've not got enough to pay the bills, visit a non-profit free debt counsellor, whose job is to help you, not to make money out of you. Try Christians Against Poverty, which specialises in helping those in debt who are emotionally struggling, or agencies such as the Consumer Credit Counselling Service and Citizens Advice.
    4. Stop borrowing. It sounds obvious, but sorting out existing debts is harder if you keep adding to them. If you feel up to tackling your finances, the easy start point is to do a budget and work out where the money's going (see the free Budget Planner).
    5. Consider informing your bank. Once a lender is aware a customer has a mental health condition, it has to make adjustments. The Lending Code says banks should consider keeping a debt in-house rather than passing it to debt collectors and make court action the last resort. Though telling your bank is a decision to discuss carefully with a case worker or debt counsellor.
    6. Check if you qualify for disability living allowance (DLA). In some cases, mental health issues mean you qualify for DLA of between £19 and £121 per week (though this is currently under government review). Do's quick DLA test see if you qualify.
    7. Banking control if you have bipolar. A few banks have procedures that allow you to register your mental health issues and stop your overdraft going beyond a certain amount. Bipolar disorder sufferers, who may be prone to overspending during a problem episode, could consider discussing this with their bank (worth chatting through with a debt counsellor or case worker first).
    8. Consider adding a note on your credit file. If you overspend when you are unwell, you can volunteer to add information on mental health problems to credit files in what is called a notice of correction, which alerts potential lenders so they don't lend further credit. This can be added or removed whenever you want. There is full help to evaluate this decision in the guide.
    9. Cut interest rates. The lower your interest rate, the more of your repayment goes towards clearing the actual debt, rather than just servicing the interest. For example, if you have credit cards, see if it's possible to do a balance transfer that pays off the debts on old cards for you, so you owe the new card the money at a cheaper interest rate.
    10. Repay highest rates first. Try listing your rates, then focusing all spare cash on clearing the highest interest debts first; just pay the minimum on everything else. Once the highest is clear, you can shift to the second costliest.

    Taken from; source article is below:
    44% with mental health problems have crisis debts

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    A new era of athletes - fat and fit!

    Posted: 14 February 2011

    Michelle Obama
    WASHINGTON: A lifelong acolyte of exercise and fitness, Sandy Shaffer works out three times per week, eats a diet loaded with fruits and vegetables, and somehow finds time to teach a weekly aerobics class.

    At five-foot, five inches (1.65 meters) and 320 pounds (145 kilograms), Shaffer also is considered obese.

    But the plus-sized sports enthusiast insists that the label says little about the generally excellent state of her health.

    And that is the single biggest problem she has with Michelle Obama's "Let's Move" health initiative.

    "I'm glad they encourage people to move, but it's still a negative message," said Shaffer, an administrator at a New York City labor union.

    "You can be healthy even if you're 300 pounds," Shaffer said.

    First Lady Michelle Obama's "Let's Move" signature initiative, which marked its one year anniversary this week, aims to help kids slim down by eating better and getting more active.

    The fitness community by-and-large has embraced the first lady's signature program, but a contingent of health experts and aficionados balk at equating improving one's health with lowering one's weight.

    They say it is possible to be extremely fit and also "overweight" by societal norms.

    "What if they end up with all the health benefits of movement, but they don't end up losing weight? Since this is an anti-obesity thing, are they not failures?" said Shaffer.

    "Ballet dancers look good, but you wouldn't necessarily call them healthy if you look at what they have to do to keep at that weight," she said.

    "If you take weight out of the picture and take diet out of the picture, you might get people to move longer and more often," she said.

    GeMar Neloms, a physical trainer in Silver Spring, Maryland, like Shaffer has been active for decades in the realm of sports, including as a varsity lacrosse player at Oberlin College in Ohio.

    She teaches a popular spinning class at Washington Sports Club in Silver Spring, Maryland where many of her students tell her that she is a role model as a "real sized" fitness instructor.

    Neloms has attained an admirable level of fitness over the years in spite of a body mass index that suggests she should be considered overweight.

    "I can cycle circles around a lot of thinner people. I can hold a plank position longer than a lot of thinner people," she said of a challenging yoga pose.

    She confesses that she would like to be a bit thinner, but only if it happens organically as a result of her efforts to attain greater fitness -- not as a primary goal.

    "Appearance plays a part, but it's not my priority, my priority has to be my overall health," said Neloms, an officer at a Washington-area non-profit.

    She added that as an African-American woman she felt that metrics for what constitutes thinness may be inaccurate.

    "We're built differently across cultures," she said. "We all have different body types."

    Dr Kenneth Cooper, one of America's leading experts on health and obesity, told AFP that the awareness that a robust body need not mean poor health is something that he has stressed for years.

    "We've incorporated both fitness and fatness into all of our studies," said Cooper, head of the Cooper Aerobics Center in Dallas, Texas and founder of the non-profit Cooper Institute which conducts health and fitness research.

    "We look at fitness as measured by treadmill time as opposed to body mass index," he said.

    With the current thinking, he said "I think you put too much emphasis on obesity," adding that one effective measurement of how fitness has actually improved is having a subject walk on a treadmill at 3.5 miles (5.6 kilometers) per hour.

    "I would focus first on inactivity, then on obesity," Cooper said.

    Another pet peeve he has with the "Let's Move" program, he said, is a lack of hard metrics to determine whether participants' fitness goals are actually attained.

    "I think they're scratching the surface," he said.

    "Unless you have some measurement you don't get anywhere. There's no means of quantifying it."

    While Cooper would add hard numbers to the First Lady's program, Shaffer said she would change its public face.

    One of its most visible spokespeople is diminutive former Olympic gymnast Dominique Dawes. Shaffer said heavyset kids might draw more inspiration from a fleshier celebrity.

    How about Mo'Nique?," she suggested, referring to the full-figured Oscar-winning actress and comedian.

    "She works out a lot," Shaffer said, "and she also embraces her size."


    Taken from; source article is below:
    Plus-sized athletes to First Lady: Fat can be fit

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