Mental Health Problems Challenge Bank Systems
One in five adults suffers from a mental health problem in any one year, affecting all aspects of life including budgeting and paying bills. Due to the rising demands of people affected with mental disorders, the challenge to help them cope is now being faced by banks. They must offer basic account options, as given to other vulnerable people, to help those coping with mental health conditions.
Being affected with mental health issues means that simple everyday activities such as budgeting and paying bills are compromised and difficult to execute. The Money and Mental Health Policy Institute (MMHPI) said that banks have the power to assist the mentally ill by setting spending limits on cards and providing people the option to set how banks contact them. Recently, the trade body for High Street banks has promised to improve inclusion of these modifications in their system.
To highlight the issue, the MMHPI published research suggesting that bouts mental health problems place people at risk of financial trouble. It found that people with depression or post-traumatic stress disorder were more likely to grapple with short-term memory, making it tough to remember Pin numbers.Those with bipolar disorder or ADHD often struggle to fight spending impulses, putting them at risk of regularly going over their budget, the BBC says.
Additionally, people with borderline personality disorder or psychosis struggle to compare financial options and are less likely to plan ahead. An extreme case of anxiety could also prevent people from opening letters or taking calls from banks. Clearly, mentally ill consumers are at a disadvantage when it comes to dealing with basic daily activities.
According to the TechCrunch, technology should be used to address the greater demands of consumers with mental problems. Apps that assist patients to easily contact their physician, or give them easy ways to get help through technolgy significantly eases the stigma around their condition. With the rise of mental health problems, banks and other institutions should modify their systems to accommodate these challenges.
Quit Smoking Tips: How To Do It The Natural Way
A large portion of the population right now need these quit smoking tips. Find out how you can cut down and eventually lose the craving to smoke through natural ways.
Bad Health Ideas To Forget In 2017
Due to the complex nature of science, it's common for misinformation to get around, leading people to believe in bad health ideas. Here are 7 of the most common health myths people should forget this 2017.
Death Due To Cold Weather Reaches Record High For Older Adults
These recent years, an intriguing spike of deaths due to cold weather has been seen on older people. This phenomena is caused by respiratory-related disease caused by ordinary cold weather.
Outdoor Swimming May Improve Physical And Mental Health
New studies reveal the health benefits you can get from outdoor swimming. From a healthy, glowing, skin, stronger resistance, to a happier mood, open water swimming definitely proves to be an invigorating form of exercise and fun.
Fifty Shades-Style Sex Boosts Physical And Mental Health
Psychologists say that Fifty Shades-style sex can greatly boost physical and mental health. Health benefits include lowering of stress levels which could significantly improve quality of health of the couple.
Trump's Mental Health Challenged By Political Colleagues
Senator Al Franken reveals what his political colleagues really think about Trump's mental health. Some of them, he says, are deeply worried about the president's temperament as he displays some unprecedented behavior as an American president.
MORE IN ITECHPOST
All You Need To Know About Massage Gun
There is always a probability of feeling pain in your body after exercise. The pain is even likely to affect your routine activities. So, it is essential to take care of it before the reverse occurs. Before now, the use of foam roller has been in the vanguard of suppressing muscle pains.
Facebook is Launching a Dating App in the U.S.
Facebook announced early in September that it will be rolling out its latest service in the U.S.: a dating platform. Known as Facebook Dating, the platform can be accessed via the Facebook app.
New Retroreflective Material Could be Used in Nighttime Color-Changing Road Signs
BUFFALO, N.Y. -- A thin film that reflects light in intriguing ways could be used to make road signs that shine brightly and change color at night, according to a study that will be published on Aug. 9 in Science Advances.
Top 5 Video Games to Play for a Truly Unique First Date
Video games have a way of taking us outside of ourselves and live in a fantasy world. It's even better when you're playing a game with someone special!