New Study Reveals How Income Fluctuations Impact Mental Health 📉

Meta-Analysis Uncovers , Link Between Income Change , and Mental Health.<br />According to research published in 'The Lancet <br />Public Health,' income loss at any level was found <br />to be linked with worsened mental health outcomes. .<br />Psypost reports that the study found the opposite <br />was the case for an increase in income, which was <br />associated with improved mental health outcomes.<br />The study's lead author, Rachel Thompson, and her <br />colleagues investigated how income loss or gain <br />can impact an individual's mental health.<br />Researchers looked at 136 studies regarding income <br />changes and mental health, including impacts <br />like anxiety, depression and quality of life. .<br />Income changes included in the studies were <br />related to healthcare, taxes, disasters, <br />salary fluctuation and transfers of cash. .<br />Regardless of the source of income loss or gain, <br />88.9% of the studies found that even slight <br />changes in income had impacts on mental health.<br />The research found that financial loss has a more <br />significant negative impact on mental health than <br />financial gain has a positive impact on mental health.<br />Negative mental health outcomes following income <br />loss were associated with two-and-a-half times the <br />magnitude of positive outcomes from income gains.<br />To be most supportive of population <br />mental health and reduce inequalities, <br />policy makers should design income <br />and welfare policies that provide an <br />adequate financial safety net for the most <br />socioeconomically disadvantaged, Study authors, via Psypost.<br />There would be considerable value <br />in future research investigating <br />the mechanisms linking income <br />and health, and the incorporation <br />of these findings into intervention <br />planning and evaluation, Study authors, via Psypost.<br />There would be considerable value <br />in future research investigating <br />the mechanisms linking income <br />and health, and the incorporation <br />of these findings into intervention <br />planning and evaluation, Study authors, via Psypost