Inside Out Money

119. The intersection of mental health and financial wealth

13 snips
Jul 13, 2025
Discover the surprising link between mental health and finances, where stress over money can wreak havoc on emotional well-being and relationships. Explore actionable strategies that intertwine financial literacy with mindfulness for better mental health. Enjoy the humorous take on parenting and the role of social media in our lives. Dive into the therapeutic benefits of reading and journaling as tools for navigating financial fears. Lastly, learn the importance of building a support system for holistic well-being.
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INSIGHT

Mental and Financial Health Link

  • There's a strong, bidirectional link between mental health and financial health.
  • Financial stress worsens mental health, and mental health problems impair financial decisions.
ANECDOTE

Spending as Stress Relief

  • Maggie uses buying food after long workdays as a stress coping mechanism.
  • Spending money provides short-term relief but can negatively impact finances.
ADVICE

Start Emergency Fund and Budgeting

  • Build an emergency fund to reduce financial stress and provide peace of mind.
  • Start small with budgeting or a spending plan to gain control over your finances.
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