Blue Monday: Feeling the Pinch? Here’s How to Take Control
We’ve all heard of Blue Monday which is on 19th January this year—that gloomy day in January that’s supposed to be the “saddest day of the year.” Whether or not the science behind it is real, the struggle definitely is.
The festivities are over, the weather’s cold, and for many of us, the bills have started landing.
Let’s talk about why January feels tough—and what you can do to ease the pressure.
Blue Monday might feel heavy, but it’s also a chance to reset. Take control of your finances, reach out for support, and remember—you’re not alone in this.
Why Does January hit our wallets so hard?
- Christmas spending hangover – Gifts, food, and celebrations often mean dipping into savings or using credit.
- Higher energy bills – Winter heating costs can spike.
- Debt stress – Credit card statements arrive just as payday feels far away.
It’s easy to feel stuck, but there are practical steps you can take to get back on track.
5 Practical Budgeting Tips to Beat the Financial Blues
- Face the numbers – List your income, bills, and debts. It’s scary at first, but clarity is power.
- Prioritise essentials – Rent, utilities, and food come first. Everything else can wait.
- Cut back on non-essentials – Cancel unused subscriptions, cook at home, and look for free activities.
- Set a small savings goal – Even £10 a week builds a safety net and gives you peace of mind.
- Ask for help early – If you’re struggling, reach out before things spiral. There’s no shame in it.
Where to Get Help
- Credit Union – A community-based alternative to high-interest lenders. They offer fair loans and savings plans. Find yours at findyourcreditunion.co.uk.
- Samaritans – Money worries can affect mental health. If you’re feeling low, call 116 123 or visit samaritans.org.