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Episode 3133:
Lyle Soloman explores the deep, often overlooked connection between mental well-being and financial stability, revealing how issues like depression, anxiety, and low self-esteem can lead to impulsive spending, financial neglect, and mounting debt. By identifying patterns and making strategic adjustments during times of clarity, Soloman offers actionable steps to help safeguard your finances even when your mental health falters.
Read along with the original article(s) here: https://www.fiology.com/mental-health-financial-health/
Quotes to ponder:
"When you are dealing with disturbed mental health, it feels that life is spiraling out of control, and you can’t do anything to get it back on track."
"Many people who have financial problems will resist looking at how much they owe."
"Don’t try to live your life to someone else’s standards. This can hurt your mental health no matter how much money you make."
Episode references:
Personal Capital (now Empower): https://www.empower.com
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