CYP Now - Cost-of-living crisis could have long-term impact on children’s mental health, therapists warn

The cost-of-living crisis could impact children’s mental health later in life, according to psychologists.

Uncertainty around families' financial situations is causing a decline in young people's mental health, experts say. Picture: Adobe Stock

At a roundtable discussion on the impact of the crisis on children and young people, hosted by the British Association for Counselling and Psychotherapy (BACP), therapists spoke of the “heartbreaking consequences” on children due to worrying about their parent’s financial situations, attending school hungry, and their basic needs not being met.

Panelists also raised concerns over that anxiety, stress and uncertainty faced by children dealing with such issues could have a long-term effect on their mental health and wellbeing.

Jo Holmes, BACP children, young people and families lead, said: “We know that the cost-of-living crisis is having a profoundly damaging impact on the mental health of our nation, and we’re concerned that it’s affecting many children and young people too.

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