From AI to climate anxiety, youth are speaking up about mental health.
Finances can be a stressor, regardless of tax bracket. Here are tips for making better money decisions.
- Whether you have a lot of money or a lot of debt, it matters how you handle your personal finances. A crucial step when it comes to saving is to reassess your relationship with money and to learn to adopt a broader, more logical point of view.
- In this video, social innovator and activist Vicki Robin, psychologist Daniel Kahneman, Harvard Business School professor Michael Norton, and author Bruce Feiler offer advice on achieving financial independence, learning to control your emotions, spending smarter, and teaching children about money.
- It all starts with education and understanding. The more you know about how money works, the better you will be at avoiding mistakes and the easier it will be to take control of your financial circumstances.
Six in 10 people say poor mental health impacts their concentration at work.
Image: WHO (2014) – Global Health Estimates<h2>The toll of lost productivity</h2><p>Untreated mental disorders (in employees or their family members) result in diminished productivity at work, reduced rates of labour participation, foregone tax based income, increase in workplace accidents, higher turnover of staff and increased welfare payments. Six in 10 people say poor mental health impacts their concentration at work and estimates indicate that nearly <a href="https://www.mqmentalhealth.org/articles/workplace-mental-health" target="_blank" rel="noopener noreferrer">70 million work days</a> are lost each year in the UK because of poor mental health.</p><p>It is also increasingly evident the negative role that stigma plays by decreasing the chances of people seeking proper diagnosis and treatment. For example, according to a <a href="http://www.hc-sc.gc.ca/fniah-spnia/promotion/mental/index-eng.php" target="_blank" rel="noopener noreferrer">2008 survey in Canada</a>, just 50% of Canadians would tell friends or co-workers that they have a family member with a mental illness, compared to 72% who would discuss a diagnosis of cancer and 68% who would talk about a family member having diabetes.</p><p>The good news is that evidence is showing that treating anxiety, depression and other mental health conditions is an affordable and cost effective way to promote wellbeing and prosperity.</p><p>Just $1 of investment in treatment for depression and anxiety leads to a return of $4 in better health and ability to work. This is good for individuals, families, communities, economies and societies at large.</p><p>Employers can become agents of change. The risk factors for stress in the workplace can be modified, and an organizational climate that promotes wellbeing and creativity can be developed by targeting workplace policies as well as the needs of individual employees. Similarly, effective treatments exist for common mental disorders, and an employer can facilitate access to care to those who may need it.</p>
Pandemic-inspired housing innovation will collide with techno-acceleration.
Finding a balance between job satisfaction, money, and lifestyle is not easy.
- When most of your life is spent doing one thing, it matters if that thing is unfulfilling or if it makes you unhappy. According to research, most people are not thrilled with their jobs. However, there are ways to find purpose in your work and to reduce the negative impact that the daily grind has on your mental health.
- "The evidence is that about 70 percent of people are not engaged in what they do all day long, and about 18 percent of people are repulsed," London Business School professor Dan Cable says, calling the current state of work unhappiness an epidemic. In this video, he and other big thinkers consider what it means to find meaning in your work, discuss the parts of the brain that fuel creativity, and share strategies for reassessing your relationship to your job.
- Author James Citrin offers a career triangle model that sees work as a balance of three forces: job satisfaction, money, and lifestyle. While it is possible to have all three, Citrin says that they are not always possible at the same time, especially not early on in your career.