The News Minute | January 19, 2015 | 05:01 pm IST January 19 has been coined the "blue Monday" of 2015 as it is said to be the most depressing day of the year. According to this report, experts have predicted it to be the biggest downer for Christmas revelers, based on factors including weather conditions, debt level, time since Christmas, time since failing our new year's resolutions, low motivational levels and the feeling of a need to take action. But compared to last year, this year reportedly 'is really not all that bad'. Every third Monday in January is said to be a Blue Monday when people are supposed to be the most depressed. They are supposed to be failing at their resolutions, and relationships could go awry. The internet is filled with articles similar to ways-to-cheer-up and remedies-for-Blue-Monday. But is the Blue Monday really the gloomiest day of the year? A report by The Guardian debunks the theory saying that some consider the second Monday of the year as Blue Monday, while some believe in the fourth, but, "It makes no difference, each one is just as likely to be the most depressing day of the year. You could pick the first Thursday in August if you like, it’s just as valid. Or the ninth Saturday in Smarch, doesn’t matter'.The report goes on to say that though the validity of the theory has been dismissed several times, it crops up every year, at times thanks to media campaigns. "Making an extra effort to be supportive of people with depression on “Blue Monday†is like being more considerate of diabetics because Jupiter is rising in Virgo", reads part of the report. According to a CTV News report, the concept of Blue Monday began after a 2005 campaign by Sky Travel. 'The company wanted to encourage people to take January vacations, so they reached out to Arnall, who developed his equation to find the most depressing day of the year.'The campaign was widely circulated via media 'and even other companies latched onto the idea'. A website dedicated to "beating Blue Monday' was started, followed by bluemonday.org, which encourages acts of kindness on the date, states CTV. However, scientists do not support the Blue Monday theory, as there is no evidence to prove that Blue Monday causes 'any more sadness than other specific days of the year'. Instead of pointing out one specific day, the Canadian Mental Health Association recognizes 'that people tend to be affected by Seasonal Affective Disorder at this time of year', adds the report. TweetFollow @thenewsminute