Money. It’s something we all think about sometimes more than we’d like to admit.
For many Kenyans, financial struggles aren’t just numbers on a bank statement. They’re the sleepless nights, the missed meals, the stress of an unpaid school fee, and the constant worry of making ends meet. The weight of financial pressure isn’t just economic it’s deeply emotional, affecting mental health in ways that many suffer in silence.
But why are so many Kenyans feeling overwhelmed, and how can we start addressing the mental toll of financial instability? Let’s talk about it.
If you’ve ever felt anxious about money, you’re not alone. The cost of living in Kenya has soared over the past few years, and it’s hitting every household.
- •Inflation is at an all-time high – Food, rent, and fuel prices keep rising, stretching already tight budgets.
- •Job insecurity is real – Many people are underpaid or struggling with inconsistent income.
- •Debt is a growing burden – From mobile loans to bank loans, many Kenyans are stuck in endless repayment cycles.
For many, financial pressure isn’t just about not having enough money it’s about losing hope. The feeling of being stuck, of working hard and still falling behind, is one of the biggest contributors to stress and anxiety.
We often talk about money in numbers, but we rarely talk about how it makes us feel. Financial worries don’t just exist in our wallets—they live in our minds, our hearts, and even our bodies.
- •Anxiety & Overthinking – Constantly calculating how to make money stretch.
- •Depression & Hopelessness – Feeling like no matter what you do, it’s never enough.
- •Relationship Strain – Money issues often lead to family conflicts, separations, and broken friendships.
- •Physical Health Issues – Stress from financial problems can lead to insomnia, headaches, and even heart problems.
The worst part? Most people suffer in silence. In Kenyan culture, talking about financial struggles is often seen as shameful, leaving many to battle stress alone.
How to Cope with Financial Stress
Money problems won’t disappear overnight, but you are not alone. Here’s how to start managing financial stress:
- •Talk About It – Find a trusted friend or support group. Silence makes stress worse.
- •Create a Realistic Budget – Even if money is tight, knowing where every shilling goes helps you feel more in control.
- •Seek Financial Literacy – Learn about saving, budgeting, and investing through resources like Kenyan Wall Street.
- •Avoid Predatory Loans – Digital loans with high-interest rates can trap you in debt. Look for better options like SACCOs.
- •Take Care of Your Mental Health – Seek counseling or community support. You are not weak for asking for help.
Why Kenya Needs Financial & Mental Health Support
Financial stress isn’t just a personal issue it’s a national crisis. Kenya needs better financial literacy programs, accessible mental health services, and support for struggling families.
- •Employers must recognize financial stress as a workplace issue and offer wellness programs.
- •The government should strengthen policies that protect low-income workers and businesses.
- •Communities must break the stigma around money struggles and create safe spaces for conversations.
