Movember is an event where men grow their moustaches out to raise awareness of men’s health issues. Raising awareness of these issues is important, as they are often overlooked. Men are expected to remain stoic and unfeeling in order to appear “masculine”. Thus, they are unwilling to discuss these matters in fear of appearing weak or effeminate. One of the most overlooked problems is that of mental health. Men are expected to ‘man up’ and deal with these problems on their own. These same traditional views on masculinity also dictate that a man’s value is directly tied to his earnings and ability to provide. That is why it is so important to have an open discussion about men’s mental health and finance.

Cost of poor mental health

It is impossible to control every aspect of life. Finances and earnings are especially affected by things outside of one’s control. There is no shame in falling on hard times. However, there remains traditional, societal expectations for a man to earn. The pressure to be financially successful and act as the breadwinner can lead to stress, anxiety and depression.

Poor mental health negatively impacts physical health and relationships. It is easy to neglect these when struggling with mental health. These are however the important assets necessary to fixing the problem. Instead, many men turn to alcohol or drugs to feel better which can lead to substance abuse.

All of this further worsens mental health. This in turn can cause a worsening financial state which causes a cycle of poor financial and mental health.

How to change “masculinity”

The first step to improving men’s mental health is to break the stigmas surrounding it. Have an open discussion with friends and colleagues and break the stigmas around mental health.

Ask for help and support, both financially and for mental health from other men. In turn support other men who are struggling themselves and are afraid or ashamed to ask for help.

It is easier said than done, but only by addressing this problem can it begin to get better. Reject toxic masculinity and learn that there are different ways to be masculine.

Tackling the financial problems

Aside from societal expectations, finances still have an effect on mental health. Finances don’t determine worth, but getting finances under control can improve mental wellbeing. The security provided by a stable income, good investments, and careful spending leads to a better mental state.

Showing off wealth is something that is ingrained in the present culture. It is perpetuated by celebrities and influencers and encourages unnecessary spending. Maybe this doesn’t have a personal effect on everyone, but it is possible that the cultural effects bleed through. If reckless spending is a problem, take control of finances through budgeting. Determine what is necessary, what is desired and what is frivolous. Spend wisely.

Make smart financial decisions, such as investments, based on sound financial advice. Don’t follow what’s popular, listen to rumours, or fall for get-rich-quick schemes. Rather ask for help from a professional.

There is a significant amount of pressure applied to men to be financially successful. It does not have to be this way. Show support this Movember to end the stigmas around men’s finance and mental health. Take smart financial steps that provide security in life and make it easier to be a man. For a helping hand in all financial matters, contact Remnant.