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The relationship between financial difficulties and mental health in bipolar disorder: a preliminary investigation

The relationship between financial difficulties and mental health in bipolar disorder: a preliminary investigation
The relationship between financial difficulties and mental health in bipolar disorder: a preliminary investigation
Objectives: Previous research has shown a relationship between debt and depression, but there has been no examination of whether this is an issue in Bipolar Disorder. The study therefore aims to examine the relationship between finances and mental health in bipolar disorder across two time points.

Methods: 52 participants with bipolar disorder (type I or II) in a secondary care NHS mental health service for adults completed the questionnaire pack which included measures examining financial variables including difficulty paying bills, current and past debt, perceived financial wellbeing. Questionnaires measured drug and alcohol dependence, stress, depression, anxiety, past and current manic symptoms.

Results: Greater financial difficulties at time 1 predicted more severe anxiety at time 2, after controlling for initial anxiety, and vice versa. More past debt increased later depression and stress, when initial scores were accounted for. Poorer Perceived Financial Wellness at time 1 correlated with anxiety time 2, after controlling for initial anxiety.

More symptoms of depression, anxiety and stress at time 1 predicted greater Financial Stress at time 2, after controlling for Initial Financial Stress. Anxiety and Stress at time 1 correlated with Compulsive Buying at time 2, after taking into account initial compulsive buying. There was no longitudinal relationships with drug and alcohol dependence or past or current manic symptoms.

Conclusions: In Bipolar Disorder, poor mental health appears to exacerbate financial difficulties at time. However financial difficulties also seem to be linked to deterioration in mental health over time, suggesting the possibility of a vicious cycle.
Richardson, T.
1c289348-af0f-4828-bf90-f241825c13d1
Jansen, M.
50b536e1-2d19-47da-b015-f57411d69c72
Fitch, C.
3a38ae8d-9117-40da-a487-2a14bbea2879
Richardson, T.
1c289348-af0f-4828-bf90-f241825c13d1
Jansen, M.
50b536e1-2d19-47da-b015-f57411d69c72
Fitch, C.
3a38ae8d-9117-40da-a487-2a14bbea2879

Richardson, T., Jansen, M. and Fitch, C. (2016) The relationship between financial difficulties and mental health in bipolar disorder: a preliminary investigation. Solent NHS Trust Research & Improvement Conference 2016: Knowledge is Power: Using Evidence for Improvement, Southampton, United Kingdom. 12 Jul 2016.

Record type: Conference or Workshop Item (Other)

Abstract

Objectives: Previous research has shown a relationship between debt and depression, but there has been no examination of whether this is an issue in Bipolar Disorder. The study therefore aims to examine the relationship between finances and mental health in bipolar disorder across two time points.

Methods: 52 participants with bipolar disorder (type I or II) in a secondary care NHS mental health service for adults completed the questionnaire pack which included measures examining financial variables including difficulty paying bills, current and past debt, perceived financial wellbeing. Questionnaires measured drug and alcohol dependence, stress, depression, anxiety, past and current manic symptoms.

Results: Greater financial difficulties at time 1 predicted more severe anxiety at time 2, after controlling for initial anxiety, and vice versa. More past debt increased later depression and stress, when initial scores were accounted for. Poorer Perceived Financial Wellness at time 1 correlated with anxiety time 2, after controlling for initial anxiety.

More symptoms of depression, anxiety and stress at time 1 predicted greater Financial Stress at time 2, after controlling for Initial Financial Stress. Anxiety and Stress at time 1 correlated with Compulsive Buying at time 2, after taking into account initial compulsive buying. There was no longitudinal relationships with drug and alcohol dependence or past or current manic symptoms.

Conclusions: In Bipolar Disorder, poor mental health appears to exacerbate financial difficulties at time. However financial difficulties also seem to be linked to deterioration in mental health over time, suggesting the possibility of a vicious cycle.

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More information

e-pub ahead of print date: 12 July 2016
Venue - Dates: Solent NHS Trust Research & Improvement Conference 2016: Knowledge is Power: Using Evidence for Improvement, Southampton, United Kingdom, 2016-07-12 - 2016-07-12
Organisations: Psychology

Identifiers

Local EPrints ID: 398676
URI: http://eprints.soton.ac.uk/id/eprint/398676
PURE UUID: 639f735c-cf39-4c66-8c2d-a39dc2e9fa78

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Date deposited: 01 Aug 2016 12:17
Last modified: 22 Jul 2022 20:03

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Contributors

Author: T. Richardson
Author: M. Jansen
Author: C. Fitch

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