Being a poor friend affects your mental health: How finances affect your adolescence

27.08.2023 22:10
Updated: 13.05.2024 21:23

People don't like feeling worse or less successful than their friends, and it's even more important in adolescence.

Young individuals who perceive themselves as coming from lower socioeconomic backgrounds than their peers tend to experience lower self-esteem and a higher likelihood of being bullied, according to a study from the University of Cambridge. 

Let's find out more about how it works.

A new study on how money affect your mental health

The research revealed that both those who feel economically disadvantaged and those who perceive themselves as more affluent are more prone to engage in bullying behavior. 

The study emphasizes the significance of economic equality within peer groups for positive mental health and social behavior outcomes. 

Photo:Pixabay

Adolescence is a period of self-judgment and development, and economic status comparisons during this time can influence one's sense of self and belonging. 

The study, which analyzed the perceptions of economic inequality among 12,995 UK children at age 11, underscores the impact of perceived economic differences on psychological well-being during adolescence. 

Why is it important?

The research highlights the relevance of subjective feelings of economic disadvantage or advantage, beyond objective family income, in shaping mental health outcomes for young people.
 

Author: Kate Yakimchuk Editor internet resource

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  1. A new study on how money affect your mental health
  2. Why is it important?