Interesting Facts and Statistics

Mental health charity Mind help an online poll where more than hundred people shared their thoughts on Christmas depression, stress and anxiety about repaying their holiday spending.
Here is a Christmas depression statistics:
- 19 % of people felt less able to manage their mental health because of worries about paying off the cost of Christmas – 25 % were feeling depressed
- Over 50 % admitted they had spent more than they could afford on Christmas.
- 20 % will have problems meeting their rent or mortgage payments this month.
- 33 % estimated that it would take them more than six months to pay off their Christmas spending debt
- 39 % used credit cards to cover the cost of Christmas.

Mind’s Chief Executive Paul Farmer said: “Christmas is a costly time of year but it’s not just your wallet that could be hurt by excessive spending. Financial worries can have a devastating impact on mental health and can lead to serious problems such as depression and stress. People who have mental health problems are already more likely to be living in poverty, with many dependent on benefits because they are too ill to work. Worries about finances and the prospect of not being able to afford the essentials like food, heating and electricity will only add to their distress… We are concerned that the predicted credit crunch in 2008 will result in more people experiencing money worries which could have a detrimental impact on their mental health. That’s why this year Mind is launching a major new study investigating the real toll that poverty and debt has on mental health.”

However according to Mayo institute research there was not any clear correlation between depression and winter holidays found.

Reported in Medical News Today 11th Jan. 2008

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