Blue Monday (date) the melancholic mind-set of "Blue Monday"". The date is generally reported as falling on the third Monday in January, but also on the second or fourth Monday, or the Monday of the last full week of January. The first such date declared was 24 January in 2005 as part of a Sky Travel press release. The formula uses many factors, including: weather conditions, debt level (the difference between debt accumulated and our ability to pay), time since Christmas, time since failing our new year’s resolutions, low motivational levels and feeling of a need to take action. One equation used by
Handsel Monday between the giver and the recipient. The day is known in Scottish Gaelic as (drained Monday). The custom was also known as “handseling a purse”. A new purse would not be given to anyone without placing money in it for good luck. Money received during Handsel Monday is supposed to insure monetary luck all for the rest of the year. Handsel Monday In Scotland, the first Monday after New Year's Day was traditionally known as Hansel Monday, or Handsel Monday, and gifts () were given at this time. Among the rural population of Scotland, "Auld Hansel Monday", is traditionally celebrated