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Money, Depression and Bipolar

Today I was talking to my friend Trish. She was telling me how her husband lost his job and it took a long time for him to find a new job--over a year. She was saying that she had to cut expenses and stop being a stay at home mom and start working to bring in extra money. Although no one in Trish's family has bipolar disorder, I learned a few things from her that relate to bipolar disorder.

She told me her husband went into a kind of depression because he couldn't find a job and money was really, really tight. It continued to get worse, and then she worried because he was depressed and money was tight. It became a vicious cycle that they had difficulty getting out of.

Do you know how many people are on my bipolar newsletter mailing list that had money problems that made their bipolar worse? Lack of money became an external trigger that created
episodes, made those episodes last longer, or prevented people who had bipolar from recovering. Lack of money can also cause a NON-bipolar support person or partner to become depressed him/herself because of the frustration and anxiety that builds within the household. The combination can be disastrous.

Money is a VERY important concern in households where one or more people suffer from mood disorders, especially bipolar. But I want to be really clear about something, although you can get free and low cost treatment, if you lack money, treatment is generally not as good and life is more difficult.

I often see a number of mistakes when working with families who are dealing with bipolar:

  1. Not even considering the importance of money
  2. Not working toward reducing debt
  3. Not cutting unnecessary expenses to free up additional cash
  4. Not speaking with an accountant to look for a way to increase deductions or
    legally reduce their taxes to increase cash flow
  5. Not considering jobs that pay more and are more flexible for increased
    income potential, such as commission sales
  6. Never looking into a home business to increase income

I urge you to start thinking about your finances and how you can improve them.

About the Author

David Oliver is the founder of FreeBipolarCourse.com, a one-stop source of information on how to cope and deal with bipolar disorder. Sign up for one of his FREE Mini Courses on bipolar by visiting FreeBipolarCourse.com

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This Week's Bipolar News

Overeating and substance abuse are similar disorders
Los Angeles Times
People with bipolar disorder have higher-than-average rates of obesity and substance abuse. But McIntyre found that the obesity rate in bipolar patients was ...

Club stoush bowls out member
The Advertiser
A MAN suffering from bipolar disorder and depression has been barred from membership at a Sydney bowling club after a clash over club bylaws.

Mom abandons 18-year-old under Nebraska safe-haven law
Richmond Times-Dispatch
LINCOLN, Neb. (AP) -- Police say a woman has abandoned her 18-year-old daughter at a hospital, saying she can't control the girl, in what may be the latest use of Nebraska's unique safe-haven law. The woman told officials at BryanLGH Medical Center West that her daughter, who was adopted, is bipolar and has a learning disability, Assistant Police Chief Jim Peschong said today.

Click here for all Bipolar News.

Featured Article:

Romancing Your Spouse

"Romancing your spouse?" Ok, I can already hear you yelling at me! I know, it's a strange concept, but hear me out. Some of the longest-running marriages have lasted because of this very concept.

You may be thinking that this has nothing to do with Bipolar Disorder, but it does. Even the best of marriages has some strain on it - the pressures of day-to-day living, at the very least. However, Bipolar Disorder puts additional pressure on your marriage because of the issues you have to face in dealing with the disorder, whether you are the survivor or the supporter.

No matter how long you've been married, the suggestions in this article can put some "spark" into your marriage. And if you've only been married a short time, putting these suggestions into place now can help ensure a long, happy, healthy marriage (of course, you will still have to do some hard work yourself to make that happen as well!).

Click here to read the entire aritcle

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