It is no exaggeration to say that a major contributor to my breakdown back in 2009 was due to the state of my finances. I had nothing and was totally reliant on my partner for finances, who frequently used money as a means to control me. The situation made me feel helpless.
Although this is uncommon there are many ways that effective budgeting can help prevent a mid-life crisis or breakdown. How many people do you hear of who are struggling financially and then turn forty and breakdown?