The Relationship between Mental Health and Finances

How tight can the relationship between mental health and money be? Very… it turns out! Our Head of Financial Education, John Manyike, sat down with Dr. Nomathamsanqa Watala to explore this fascinating topic. Discover how your financial decisions might be impacted by factors such as childhood trauma, narcissistic relationships, and more - plus get some valuable insights on how to overcome these hurdles.
For more financial education resources from On The Money, visit: www.oldmutual....
0:23 Introduction to our guest speaker, Dr. Nomathamsanqa Watala
1:21 Is there a relationship between mental health and how we manage finances?
2:17 What is trauma and how does it relate to managing finances?
5:40 "Comfort food" as a trauma response
7:02 What is the wounded inner child?
9:01 The masks that people wear: people pleaser, overachiever, and peacemaker
12:47 What is a narcissist? Dr. Watala unpacks the stages of narcissism
17:39 What are the signs of being manipulated financially?
19:24 What to do you do if you are in a relationship with a narcissist?
20:29 What are practical steps I can take towards financial healing?
22:59 How to say no to never-ending requests for money
24:09 What is a trauma bond? And how do you get out of it?
26:00 The psychological trauma wounds that create imposter syndrome
27:25 What are the practical steps to find balance with finances and mental health
28:59 How do you co-parent with a narcissist? The gray rock technique
31:02 How do you overcome this if you don't want to speak to a psychologist?
32:41 Dr. Watala unpacks abandonment wounds in relationships
#OldMutuaOnTheMoney #FinancialTrauma #FinancialHealing

[@refilwemagano6735]

My therapist 🎉🎉❤

[@rouzlen]

What a beautiful and insightful conversation. 💯💯💫

[@OM_OnTheMoney]

We're so pleased to hear that you enjoyed it, @rouzlen. Stay tuned for more exciting discussions coming soon.

[@lemsgeneralsuppliers1787]

This is powerful🎉

[@OM_OnTheMoney]

Hello, we are glad to know that you enjoyed the video. you can also click on the "Subscribe" button on youtube.com/@OM_OnTheMoney for other informative videos.

[@portiamubenga9528]

Well said😍

[@OM_OnTheMoney]

Hello Portia, we are happy to hear that you enjoyed the video. Please click the "subscribe" button on youtube.com/@OM_OnTheMoney to see more videos that might be of interest to you.

[@brendafernandes9505]

I can relate to this and unfortunately people have committed suicide as they see no way out of debt 😢